Corner Storefront
For Sale
$595,000
109 W Jackson, Burnet, TX 78611
COMMERCIAL - Burnet, TX
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$247.92
Days on Market359
Property Features for 109 W Jackson
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
from Highway 29, south on Hwy 281 two block to Jackson St, turn left; property at the southeast corner of intersection
Standard status
Active
APN
035348
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
a portion of Lot 4 Block 2 Peter Kerr Portion, City of Burnet
Legal Description
a portion of Lot 4 Block 2 Peter Kerr Portion, City of Burnet
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
large pole sign with electricity
Building Details
Year built
1974
Flooring type
Vinyl, Laminate
Building materials
Block, Wood Siding, Brick
Listing Agency:
Hurst Realty, LLC
(830) 798-0200
Listed By:
Jane Marie Hurst · License #560277
(512) 755-2294
Added: Aug 18, 2025
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 175080
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner storefront building offers approximately 2,400 sq ft of light commercial space, built in 1974. The property is zoned C-1/MX for light commercial and mixed-use, and it’s currently configured as a law office and cleaners. Flooring includes laminate and vinyl, and the interior is served by central heating and central air.
Located on the corner of Hwy 281 and Jackson St in Burnet, TX, the building is described as being about one block from the town square. Construction materials include block with wood siding and brick, and the site is serviced by public water and public sewer.
Additional exterior features include a large pole sign with electricity, supporting drive-by signage. The layout is described as flexible to accommodate a range of commercial uses, including professional services, retail, or a showroom.
Located on the corner of Hwy 281 and Jackson St in Burnet, TX, the building is described as being about one block from the town square. Construction materials include block with wood siding and brick, and the site is serviced by public water and public sewer.
Additional exterior features include a large pole sign with electricity, supporting drive-by signage. The layout is described as flexible to accommodate a range of commercial uses, including professional services, retail, or a showroom.
Key Highlights
- Approximately 2,400 sq ft corner storefront building
- Zoned C‑1/MX for light commercial and mixed‑use
- Currently configured as a law office and cleaners
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,440
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,008,800
$1.0M
Cap Rate 7%
$720,571
$720.6K
Cap Rate 9%
$560,444
$560.4K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$80.6K $33.60/SF
− Vacancy
−$13.4K −$5.58/SF
EGI
$67.3K $28.02/SF
− OpEx
−$16.8K −$7.01/SF
NOI
$50.4K $21.02/SF
Area
Burnet County, TX
Vacancy
16.60%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,008,800
Cap Rate 7%
$720,571
Cap Rate 9%
$560,444
Alternative Uses
Best Use
Office B
$720.6K
$630.5K – $840.7K
NOI $50,440 @ 7.0% cap · market cap 8.48%
Second Best
Retail
$627.9K
$549.4K – $732.6K
NOI $43,954 @ 7.0% cap · market cap 7.39%
Theoretical Best
Hotel Hospitality
$1.81M
$1.58M – $2.11M
NOI $126,540 @ 7.0% cap · market cap 21.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78611, TX
14,839
Population
7,417
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
274.1 sq mi
ZIP Area
54
Density / Sq Mi
$78,243
Median Household Income
$40,062
Median Earnings
$1,111
Median Rent
$291,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Floral Designs by Randi — 605 A N Water St, Burnet, TX 78611
- Jenkins Flower Shop, formerly Edgar Flower Shop — 109 N Main St, Burnet, TX 78611
Frequently Asked Questions
What type of property is this?
Storefront property - Corner storefront building zoned C-1/MX with central HVAC, public water, and public sewer on a major highway intersection.
Where is this storefront property located?
The property is located at 109 W Jackson Burnet, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 2,400 sq ft corner storefront building; Zoned C‑1/MX for light commercial and mixed‑use; Currently configured as a law office and cleaners
