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    202 2Nd St Smithville, TX 78957

    For Sale
    $625,000

    Prime Downtown Smithville Location, High Potential

    Property size:
    10,510 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 10,510 square foot commercial property presents a unique investment opportunity in the heart of Smithville, Texas. Situated on a 0.67-acre lot in the Central Business District, this property enjoys a highly visible location just one block from Main Street and directly across from the popular Carne Lente restaurant. The existing building offers significant redevelopment potential, making it ideal for a variety of commercial uses. The property's central location ensures high foot traffic and excellent visibility, providing a strong foundation for a successful business venture. Detailed property information, including a comprehensive tax map highlighting all included parcels (highlighted in yellow), and a historical overview from the "Smithville Then and Now" book by Valerie Kite Johnson, are available for review. The legal description of all parcels included in this sale is provided as Exhibit A. This is a rare chance to acquire a substantial commercial property in a thriving Texas town with a rich history and promising future. Serious inquiries are encouraged. The asking price is $625,000. Don't miss this chance to capitalize on this prime downtown Smithville location.

    Property Features for 202 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,510 SF
    Lot Size
    29,185 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithville
    County
    Bastrop
    State
    Texas
    Longitude
    -97.15858
    Latitude
    30.00697

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Smithville Location, High Potential
    Where is this commercial real estate located?
    The property is located at 202 2Nd St Smithville, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    (512) 567-3635
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    202 2Nd St Smithville, TX 78957
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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
    202 2Nd St Smithville, TX 78957
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