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    Mixed-Use Property in Lometa, TX Title is generated by Realmo AI

    215 W Main St, Lometa, TX 76853

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    Mixed-use property with 1,590 square feet of space.

    Type:Mixed Use
    Property size:
    1,590 SF
    Price / SF:
    $119/SF
    Added:
    Mar 16, 2026
    Days on Market:
    112
    Last Refresh:
    Mar 19 at 11:43 pm

    Property Features for 215 W Main St

    General Information

    Standard status
    Active
    Size
    1,590 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1920

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    Abe & Leah Caruthers

    Listing office Texas Real Estate Sales

    Listing date Mar 16, 2026

    Source Crexi

    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 Texas Real Estate Sales

    HighLights

    • Mixed use property
    • 1,590 sqft of space
    • Built in 1920

    Overview

    This mixed-use property offers 1,590 square feet of space and is available for sale.

    Local Financial Insights For Mixed Use

    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 $26.7k $16.80
    − Vacancy −$2.7k −$1.68
    EGI $24.0k $15.12
    − OpEx −$9.0k −$5.67
    NOI $15.0k $9.45
    1,590 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $214.7K
    $187.8K – $250.4K (±1% cap)
    NOI $15,026 @ 7.0% cap · market cap 7.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $381.9K
    $334.2K – $445.6K (±1% cap)
    NOI $26,733 @ 7.0% cap · market cap 14.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Discount Store Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Garden Center Nursing Home Tech Support Center (Bike/Boat/Book/etc) Store Home Appliance Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Lometa
    County
    Lampasas
    State
    Texas
    Longitude
    -98.393961
    Latitude
    31.216142

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with 1,590 square feet of space.
    Where is this mixed-use property located?
    The property is located at 215 W Main St Lometa, TX.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: Mixed use property; 1,590 sqft of space; Built in 1920
    More about this property
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