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Flex Space with Warehouse
New
For Sale
$198,000

249 E Lake Drive, Hamlin, TX 79520

Multiple buildings combine retail, warehouse, office, storage, and vehicle-oriented commercial functionality with on-site parking.

Property Size13,320 SF
Price / SF$14.86
Days on Market2

Property Features for 249 E Lake Drive

General Information

Standard status Active
Size 13,320 SF
Property subtype Business

Additional Details

Warehouse Space 10,304 SF

Building Details

Year Built 1930
Buildings 3
Listing Agency: KW SYNERGY*
Listed By: Rene Jensen · License #0654252
Source: Lonestarluxuryrealty
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 4:38AM

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 KW SYNERGY*

Investment Insights

Based on property information with market context.

This flex-space property at 249 E Lake Drive in Hamlin combines several commercial improvements on almost an acre. The approximately 13,320-square-foot configuration includes a former retail storefront with a bathroom, a large shop-warehouse, and a separate additional building. The retail component measures approximately 1,216 square feet, while the shop-warehouse contains approximately 10,304 square feet with overhead doors, storage areas, and office space. A further 1,800-square-foot building adds space for storage or workspace.

On-site parking and open areas accommodate customers, employees, equipment, trailers, or business vehicles. The property was built in 1930 and retains an identifiable storefront alongside substantial warehouse capacity and multiple structures. Its existing layout supports a range of commercial operations involving retail, storage, office use, warehousing, or service activity, subject to applicable approvals.

Key Highlights

  • Approximately 13,320 sq. ft. of combined building space on almost an acre
  • Approximately 10,304 sq. ft. shop‑warehouse with overhead doors, storage areas, and office space
  • Former retail storefront measures approximately 1,216 sq. ft. and includes a bathroom

Property Analytics

Current Use

Reed's Service & Repair Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79520, TX

2,169
Population
1,298
Households
1.7
Avg Household Size
42
Median Age
17%
College-Educated
90%
High-School Grad
228.2 sq mi
ZIP Area
10
Density / Sq Mi
$62,390
Median Household Income
$35,370
Median Earnings
$847
Median Rent
$72,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple buildings combine retail, warehouse, office, storage, and vehicle-oriented commercial functionality with on-site parking.
Where is this flex space located?
The property is located at 249 E Lake Drive Hamlin, TX.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Approximately 13,320 sq. ft. of combined building space on almost an acre; Approximately 10,304 sq. ft. shop‑warehouse with overhead doors, storage areas, and office space; Former retail storefront measures approximately 1,216 sq. ft. and includes a bathroom
More about this property
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