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    494 Agnes St Bastrop, TX 78602

    For Sale
    $1,500,000

    Thriving Dry Cleaner, High Growth Area

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a 2,000 square foot freestanding retail building situated on a 0.35-acre lot in Bastrop, Texas. Currently housing a successful, established dry cleaning business with a 30-year history, this property offers immediate income potential and significant upside. Located within Bastrop's largest shopping center, the building benefits from high visibility and convenient access. Its strategic location near four hotels and a major grocery store (HEB) ensures a consistent flow of customers. The inclusion of a drive-thru further enhances customer convenience and accessibility, contributing to the business's long-term success. The property's prime location also presents opportunities to expand the existing dry cleaning business, particularly through established relationships with nearby hotels in Elgin and Lost Pine, allowing for lucrative dropship services. Bastrop's rapid growth trajectory makes this a particularly attractive investment, offering both stability and significant potential for future appreciation. The asking price for this turnkey operation is $1,500,000. This is a rare chance to acquire a well-established business in a booming market. Serious inquiries only.

    Property Features for 494 Agnes St

    General Information

    Property type
    Retail properties
    Square Feet
    2,000 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bastrop
    County
    Bastrop
    State
    Texas
    Longitude
    -97.33412
    Latitude
    30.10428

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    FAQs

    What type of property is this?
    Retail property - Thriving Dry Cleaner, High Growth Area
    Where is this retail property located?
    The property is located at 494 Agnes St Bastrop, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (512) 552-5304
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    494 Agnes St Bastrop, TX 78602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    494 Agnes St Bastrop, TX 78602
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