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    698 W Hempstead St Giddings, TX 78942

    For Sale
    $299,000

    Commercial property with office and flex space in Central Business District.

    Lot size:
    0.80 Acres

    Property Features for 698 W Hempstead St

    General Information

    Lot size
    0.80 Acres

    Building Details

    Year built
    1988

    Source: Schultz Texas Properties, LLC Agent Emily Siegmund

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

    Overview

    Move-In Ready Commercial Property

    This commercial property is located in the Central Business District. The air-conditioned building provides 3,120 square feet of space, including five offices, a lobby, and three single bathrooms. A large flex space is available, suitable for storage, inventory, or additional office areas. At the rear of the property is a 5,840 square foot shop building, which includes two bay doors and electrical and water connections. The property is move-in ready for immediate business operations, and all furnishings may be included at the buyer's discretion. The property is suitable for office and flex space use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Republic Truck And Trailer Diesel Engine Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Giddings
    County
    Lee
    State
    Texas
    Longitude
    -96.944217
    Latitude
    30.183092

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    FAQs

    What type of property is this?
    Office space - Commercial property with office and flex space in Central Business District.
    Where is this office space located?
    The property is located at 698 W Hempstead St Giddings, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Move-in ready commercial property in the Central Business District.; - Large 5,840 sq ft shop building **WITH TWO BAY DOORS, ELECTRICAL AND WATER.**; - 3,120 sq ft air-conditioned building with five offices, lobby, and flex space.
    (979) 716-9254
    Request Owner's contact information
    698 W Hempstead St Giddings, TX 78942
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    Giddings, TX 78942
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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
    698 W Hempstead St Giddings, TX 78942
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