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    205 Central Texas Expy Lampasas, TX 76550

    For Sale
    $245,000

    High-traffic location, prime commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, situated at 205 Central Texas Expressway Unit 205 in Lampasas, Texas, presents a unique investment opportunity. Boasting a highly desirable location on Highway 190, near the key intersection of Highways 183 and 281, this 0.7-acre lot offers unparalleled access and visibility. The property's strategic placement ensures high traffic volume, placing your business within easy reach of a substantial customer base. The surrounding area is thriving, with numerous local restaurants, entertainment venues, and other businesses creating a vibrant and bustling commercial environment. Lampasas is experiencing significant growth, making this an ideal time to establish or expand your enterprise in this dynamic market. The property's proximity to major highways provides excellent accessibility for both customers and employees, enhancing its overall appeal and potential for success. This is a rare chance to secure a prominent commercial space in a rapidly developing Texas town. Don't miss this opportunity to capitalize on Lampasas' booming economy and establish your business in a prime location. The property is offered at $245,000.

    Property Features for 205 Central Texas Expy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,492 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.17691
    Latitude
    31.05646

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime commercial lot.
    Where is this commercial real estate located?
    The property is located at 205 Central Texas Expy Lampasas, TX.
    What is the asking price?
    The asking price for this property is $245,000.
    (254) 768-0047
    Request Owner's contact information
    205 Central Texas Expy 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
    205 Central Texas Expy Lampasas, TX 76550
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