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    247 W Village Rd Salado, TX 76571

    For Lease
    $26 SF/Yr ($4,420 /Mo)

    Retail space with high visibility and IH-35 frontage access.

    Property size:
    2,040 SF
    Lot size:
    0.79 Acres

    Property Features for 247 W Village Rd

    General Information

    Size
    2,040 SF
    Lot size
    0.79 Acres

    Source: RESOLUT RE - Austin Agent Emilie Niekdam

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

    Overview

    Retail Space with IH-35 Frontage

    This retail space offers prime visibility with frontage access to IH-35. The property is located across the street from Thomas Arnold Elementary School, which has an enrollment of 1,017 students. It is also within 1 mile of Salado High School, with 676 students, and Salado Middle School, with 550 students. The location is in a prolific IH-35 growth corridor between the Austin/Round Rock and Dallas/Fort Worth metros. Current co-tenants include Domino’s Pizza and Longbow Coffee Co. The property size is 2,040 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Domino's Pizza Pizza Delivery Longbow Coffee Co. Coffee Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.539825
    Latitude
    30.948365

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and IH-35 frontage access.
    Where is this retail space located?
    The property is located at 247 W Village Rd Salado, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility end cap with IH-35 Frontage access; - Prolific IH-35 growth corridor between Austin/Round Rock and Dallas/Fort Worth Metros; - Across the street from Thomas Arnold Elementary School
    (512) 474-5557
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    247 W Village Rd Salado, TX 76571
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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
    247 W Village Rd Salado, TX 76571
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