For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Steel-Framed Building on Corner Lot Title is generated by Realmo AI

    107 W 10th St, Lampasas, TX 76550

    View on Map
    Claim this Listing
    For Sale
    $425,000

    2500 sq ft building suitable for various business types.

    Property size:
    2,500 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $170/SF
    Added:
    Nov 21, 2025
    Days on Market:
    203
    Last Refresh:
    Jan 20 at 10:26 am

    Property Features for 107 W 10th St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.29 Acres

    We can help!

    Listing Contact
    Leah Caruthers
    Leah Caruthers

    Listing agent Leah Caruthers License #0561403

    Listing office TEXAS REAL ESTATE SALES

    Listing date Nov 21, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of TEXAS REAL ESTATE SALES

    HighLights

    • High‑visibility location on Hwy 281, ideal for business exposure.
    • Solid, steel‑framed 2500 sq ft building features full spray foam insulation and ample natural light.
    • Three large 14‑foot roll‑up doors (two front, one rear) providing excellent ventilation and access.
    • Updated 200 Amp electrical service with two 50‑amp RV plugs and weatherproof GFI outlets.
    • Updated water and sewer lines, plus an additional sewer drain line for future restroom or kitchen.
    • Large corner lot with potential for expansion (structure or parking) and a heritage pecan tree.

    Overview

    This solid, steel-framed building offers 2500 square feet of versatile space. The building is fully spray foam insulated and features skylights and windows that provide ample natural light. Solar window screens help to regulate the temperature. The interior boasts an 18–20-foot ceiling and includes three large 14-foot-tall roll-up doors, two at the front and one at the rear, facilitating airflow. Updated water and sewer lines accompany a newly installed bathroom. An additional sewer drain line is in place to accommodate a second restroom or kitchen area. The electrical system has been upgraded to 200 Amp service, and two 50-amp RV plugs are installed on the front of the building, along with weatherproof GFI outlets. The office space is equipped with a window unit for cooling and a portable oil heater. It offers a view of the open bay and a convenient pass-through. The building was originally heated with a natural gas heater, which has since been disconnected, with electric and propane portable heaters currently in use. A swamp cooler and fans provide cooling during warmer months. An upgraded exterior security door and emergency exit signs have been installed. Additional storage is available above the office area. Exterior weather GFI outlets are installed for extension cords or lighting. Situated on a large grass corner lot, the property offers potential for additional structure or parking. A heritage pecan tree offers shade. The location provides exposure to Hwy 281 traffic. The building has previously housed a radiator shop, garden center, antique store, and auto body fabrication.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.0k $18.00
    − Vacancy −$2.5k −$1.01
    EGI $42.5k $16.99
    − OpEx −$12.7k −$5.10
    NOI $29.7k $11.89
    2,500 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $424.8K
    $371.7K – $495.6K (±1% cap)
    NOI $29,736 @ 7.0% cap · market cap 7.00%
    Second Best
    Warehouse
    $256.8K
    $224.7K – $299.6K (±1% cap)
    NOI $17,978 @ 7.0% cap · market cap 4.23%
    Theoretical Best
    Office A
    $600.5K
    $525.4K – $700.6K (±1% cap)
    NOI $42,034 @ 7.0% cap · market cap 9.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.181
    Latitude
    31.0589

    FAQs

    What type of property is this?
    Flex space - 2500 sq ft building suitable for various business types.
    Where is this flex space located?
    The property is located at 107 W 10th St Lampasas, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: High‑visibility location on Hwy 281, ideal for business exposure.; Solid, steel‑framed 2500 sq ft building features full spray foam insulation and ample natural light.; Three large 14‑foot roll‑up doors (two front, one rear) providing excellent ventilation and access.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message