0005 S 3rd Lometa, TX 76853
Commercial property with shop buildings and carports in Lometa, TX.
Property Features for 0005 S 3rd
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.72 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing office Always Here Properties, LLC (254) 383-0789
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Always Here Properties, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime commercial location directly off Hwy 183.
- Two shop buildings on 0.718 acres.
- 1,250 sq. ft. shop building with concrete slab floor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $18.00 |
| − Vacancy | −$1.5k | −$1.01 |
| EGI | $25.5k | $16.99 |
| − OpEx | −$7.6k | −$5.10 |
| NOI | $17.8k | $11.89 |
Alternative Uses
Property Analytics
Current Use by Public Records
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