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    Gassaway Ave Lott, TX 76656

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    For Sale
    $65,000

    Adaptable commercial space in downtown Lott, Texas, ready for business.

    Lot size:
    0.10 Acres

    Property Features for Gassaway Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1960

    Source: Elevate Texas Real Estate Agent Felicia Galvez-Mauldin

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

    Overview

    Downtown Lott Versatile Commercial Space

    Located on a main street in downtown Lott, Texas, this property, formerly a beauty salon, offers a versatile space suitable for various business ventures. The property has no restrictions, allowing for diverse uses such as a retail shop, office, or salon. Situated approximately 30 minutes from Temple and 45 minutes from Waco, it combines small-town charm with accessibility to larger markets. This property presents an opportunity for entrepreneurs and investors seeking a space with potential in a growing community. Its adaptable layout and prime downtown location make it suitable for establishing a business in a visible location that welcomes new development. Neighboring properties are also for sale and can be purchased as a package.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Lott
    County
    Falls
    State
    Texas
    Longitude
    -97.0719
    Latitude
    31.1912

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    FAQs

    What type of property is this?
    Storefront property - Adaptable commercial space in downtown Lott, Texas, ready for business.
    Where is this storefront property located?
    The property is located at Gassaway Ave Lott, TX.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Prime downtown location on a main street in Lott.; - Versatile space suitable for retail, office, salon, or other ventures with no restrictions.; - Located 30 minutes from Temple and 45 minutes from Waco.
    Request Owner's contact information
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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
    Gassaway Ave Lott, TX 76656
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