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    584 U Hwy Lampasas, TX 76550

    For Sale
    $1,199,000

    High-visibility 8.36-acre industrial site.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 8.36-acre industrial property in Lampasas, Texas, offers unparalleled potential. Strategically located at the intersection of Highway 183, this high-visibility site boasts excellent accessibility. The property comprises two parcels totaling 8.36 acres, sold together. The larger 6.36-acre parcel features a 28-foot county-approved highway entrance, ensuring convenient access for future development. The smaller 2-acre parcel shares an entrance with an adjacent business. Both parcels have readily available electric service, and water is accessible through the City of Lampasas or Corix Coop water. A septic system will be required. Importantly, a thorough professional engineering and soil evaluation has already been completed for the 6.36-acre parcel, providing valuable data for prospective developers. To further enhance the development opportunity, the owner of the adjacent 2-acre parcel is committed to removing all existing buildings and business materials before the sale, unless otherwise agreed upon in the purchase contract. This presents a clean slate for immediate development, perfectly positioned for high visibility and convenient access. The asking price for this remarkable opportunity is $1,199,000.

    Property Features for 584 U Hwy

    General Information

    Property type
    Industrial properties
    Lot Size
    364,162 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.19101
    Latitude
    31.08726

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    FAQs

    What type of property is this?
    Industrial property - High-visibility 8.36-acre industrial site.
    Where is this industrial property located?
    The property is located at 584 U Hwy Lampasas, TX.
    What is the asking price?
    The asking price for this property is $1,199,000.
    (512) 556-9321
    Request Owner's contact information
    584 U Hwy Lampasas, TX 76550
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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
    584 U Hwy Lampasas, TX 76550
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