Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turnkey Corner Stonefront Flex Building Title is generated by Realmo AI

    1602-A Hwy 39, Hunt, TX 78024

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    COMMERCIAL - Hunt, TX

    Property size:
    2,030 SF
    Lot size:
    0.55 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 1602-A Hwy 39

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.55 Acres

    We can help!

    Listing Contact
    Laura Fore
    Laura Fore

    Listing agent Laura Fore License #TREC#0557049

    Listing office Fore Premier Properties 605 Llano St, Kerrville, TX

    Listing date Jun 1, 2026

    MLS# 104644

    Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • For lease: prominent corner property at Hwy 39 and FM 1340 in Hunt, TX
    • Approximately 2,030 SF 1932 stone‑front building with a flexible interior layout for retail, office, studio, or service use
    • Restoration includes a new roof and a landlord‑performed professional rebuild after a prior flood event
    • 801 SF covered porte cochere‑style area for outdoor display, gathering, or open‑air dining
    • Corner location with strong visual presence for customer‑facing businesses or nonprofits

    Overview

    This turnkey corner property features a restored 1932 stone-front building designed for flexible occupancy. The offering includes approximately 2,030 square feet of interior space with a layout that can support retail, office, studio, or service-oriented uses. A new roof has been installed as part of the restoration, and the space is ready for immediate occupancy.

    The building sits in a highly visible corner location at the intersection of Hwy 39 and FM 1340 in Hunt, Texas. An approximately 801-square-foot covered porte cochere-style area adds a dedicated, sheltered outdoor zone that can support outdoor display, gathering, or open-air dining. The landlord has professionally restored the property following a prior flood event, enabling the next tenant to move forward with confidence. The surrounding community is actively rebuilding, supporting the opportunity for an established business or nonprofit to gain a strong local presence.

    With its prominent setting, restored historic character, and adaptable interior, the space is well-suited for operators seeking a turn-key facility that can accommodate multiple business models. The outdoor covered area also provides a practical option for tenant branding and customer engagement, whether the primary use is retail, a service concept, or an office/studio setup.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Hair Salon Kitchen & Bath Showroom Storage Facility HVAC Service Electrical Service Cafe & Coffee Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hunt
    County
    Kerr
    State
    Texas
    Longitude
    -99.334215
    Latitude
    30.0698965

    FAQs

    What type of property is this?
    Flex space - Restored stonefront building with a covered porte cochere for flexible indoor-outdoor use, ready for immediate occupancy.
    Where is this flex space located?
    The property is located at 1602-A Hwy 39 Hunt, TX.
    What are key features of this property?
    This property features: For lease: prominent corner property at Hwy 39 and FM 1340 in Hunt, TX; Approximately 2,030 SF 1932 stone‑front building with a flexible interior layout for retail, office, studio, or service use; Restoration includes a new roof and a landlord‑performed professional rebuild after a prior flood event
    (830) 459-4000
    We can help!
    Listing Contact
    Laura Fore
    Laura Fore
    Real Estate License ID: TREC#0557049
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1602-A Hwy 39, Hunt, TX 78024
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!