Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    501 S Key Ave Lampasas, TX 76550

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    1,600 sq ft commercial building in Lampasas, Texas.

    Lot size:
    0.10 Acres

    Property Features for 501 S Key Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1950

    Source: Carpenter Ledyard Real Estate Agent Colleen Eckermann

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

    Overview

    Commercial Building at Key Avenue

    Located at the corner of Key Avenue and 4th Street in Lampasas, Texas, this commercial building offers 1,600 sq. ft. of space. The property's layout is flexible, accommodating a storefront, office space, retail, or a service-based business. Ample parking is available directly off Key Avenue, providing customer access and drive-by exposure. This property presents an investment or owner-occupant opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Petal Peddlers Florist

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.184525
    Latitude
    31.071701

    Nearby Similar for Sale

    • $7,777,000
      378.00 Acres

      Historical Lampasas Gem Ranch

      378-acre high-fenced ranch featuring Sulphur Creek and event facilities.
      190 Private Road 3011, Lampasas, TX 76550
      View Details
    • $22,273,260
      2,819.40 Acres

      Expansive Ranch in Lampasas County

      2819.4-acre ranch with residences, hunting cabins, and abundant wildlife.
      7947 Crk 1255, Lampasas, TX 76550
      View Details
    • $465,000
      2,454 SF

      Lampasas Retail/Office Space Available

      Versatile retail/office space with modern amenities and recent updates.
      611 Central Texas Expy, Lampasas, TX 76550
      View Details
    • $425,000
      29.37 Acres

      Texas Hill Country Ranch Land

      29-acre ranch near Lampasas with pond, trees, and building site.
      106 Rd, Lampasas, TX 76550
      View Details
    • $250,000
      3,515 SF

      Charming Commercial Property in Lampasas

      Versatile commercial space with historic charm and modern potential.
      107 W 5Th St, Lampasas, TX 76550
      View Details
    • $2,999,000
      2,714 SF

      Burnet County Ranch Retreat

      221.5-acre cattle ranch with main house, bunkhouse, and barn.
      2334 Crk 105, Lampasas, TX 76550
      View Details

    FAQs

    What type of property is this?
    Storefront property - 1,600 sq ft commercial building in Lampasas, Texas.
    Where is this storefront property located?
    The property is located at 501 S Key Ave Lampasas, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - High-visibility corner location at Key Avenue and 4th Street.; - Flexible 1,600 sq. ft. layout suitable for various business types (storefront, office, retail, service).; - Ample parking directly off Key Avenue.
    (512) 751-3688
    Request Owner's contact information
    501 S Key Ave Lampasas, TX 76550
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    501 S Key Ave
    Lampasas, TX 76550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    501 S Key Ave Lampasas, TX 76550
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.