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    Commerce St Lockhart, TX 78644

    For Sale
    $650,000

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.84-acre commercial lot presents a unique development opportunity in the thriving town of Lockhart, Texas. Situated at the bustling intersection of FM 20 and Commerce Street, this property boasts excellent visibility and high traffic flow due to its proximity to Highway 183. The lot is zoned Commercial Heavy Business, allowing for a wide range of commercial uses. City utilities are readily available along the roadway, simplifying the development process. This undeveloped corner lot represents a significant advantage for businesses seeking a prime location with strong potential for growth. The area is experiencing steady commercial and residential growth, making this an attractive investment for entrepreneurs looking to establish a new business or expand an existing one. The property's size and location offer significant flexibility for various commercial ventures, from retail spaces to offices or light industrial uses. The high traffic count ensures maximum exposure for any business operating from this location. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly developing Texas town. Don't miss out on this chance to build your business in a vibrant and growing community. The property is ready for immediate development, offering a streamlined path to establishing your commercial presence in Lockhart.

    Property Features for Commerce St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    36,590 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67142
    Latitude
    29.88483

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at Commerce St Lockhart, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    (512) 376-9903
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    Commerce St Lockhart, TX 78644
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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
    Commerce St Lockhart, TX 78644
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