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    700 E Polk St Burnet, TX 78611

    For Sale
    $475,000

    Commercial building on high-visibility corner lot with existing tenants.

    Lot size:
    0.17 Acres

    Property Features for 700 E Polk St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1940

    Source: Hanszen-Bailey Real Estate Ser Agent Cindy A. Bailey

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

    Overview

    Burnet Commercial Building on Highway

    This commercial building is located on a high-visibility corner of Highway 29 in Burnet, Texas. The property benefits from a busy traffic flow and a stop light at the corner of Highway 29 and Rhomberg Street. It features a paved private parking lot, an outside storage room, and a privacy-fenced backyard. Public parking is available across the street. Utilities are furnished by the City of Burnet, and high-speed internet is available through Spectrum. There are tenants currently in place, most on month-to-month leases. The duplex located on Rhomberg Street behind the commercial building may also be purchased in addition to or separately from this property. The combined lots total just over a third of an acre.
    Insight Report Location Intelligence

    Current Use by Public Records

    CLC Custom Homes Home Builder

    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

    Floral Designs by Randi, Jenkins Flower Shop, formerly Edgar Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Burnet
    County
    Burnet
    State
    Texas
    Longitude
    -98.220109
    Latitude
    30.760127

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    FAQs

    What type of property is this?
    Storefront property - Commercial building on high-visibility corner lot with existing tenants.
    Where is this storefront property located?
    The property is located at 700 E Polk St Burnet, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - High visibility location on Hwy 29 corner with stop light.; - Paved private parking lot.; - Tenants currently in place.
    (830) 613-5768
    Request Owner's contact information
    700 E Polk St Burnet, TX 78611
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    Burnet, TX 78611
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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
    700 E Polk St Burnet, TX 78611
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