Automotive Property with Fenced
New
For Sale
$395,000
298 Pecan Street, Kempner, TX 76539
CommercialSale, Kempner, TX
Property Size2,790 SF
Lot Size1.03 Acres
Price / SF$141.58
Days on Market4
Property Features for 298 Pecan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Lot features
One To Three Acres, City Lot
Directions
North on Hwy 190 into Kempner, Left onto Pecan St. Property on Right.
Standard status
Active
APN
12460
Size
2,790 SF
Lot size
1.03 Acres
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
dealership/vehicle sales
Taxes and HOA fees
Tax Year
2026
Tax Description
ACR: 0.522 ACRE ABST: 0582 SURV: GEORGE RICKS and ACR: 0.5045 ACRE ABST: 0582 SURV: GEORGE RICKS LocCd:101
Tax Annual Amount
3850
Legal Description
ACR: 0.522 ACRE ABST: 0582 SURV: GEORGE RICKS and ACR: 0.5045 ACRE ABST: 0582 SURV: GEORGE RICKS LocCd:101
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Amenities
office space
bay door
fenced storage area
Building Details
Year built
1975
Floors in Building
1
Flooring type
Carpet, Concrete
Building materials
Brick, Masonry
Buildings
1
Listing Agency:
That Realty Place
(254) 238-8470
Listed By:
Lissa Polmanteer · License #0570517
(254) 258-3364
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 29 at 12:06PM
MLS# 628101
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This automotive property contains approximately 2,790 square feet on 1.03 acres. The building is currently used as a dealership and includes office space and a bay door, with a fenced area for outdoor storage. A 10-ton AC system was installed in 2018. Building materials include brick and masonry, with carpet and concrete flooring; the property also has central electric heating and cooling and an accessible approach with a ramp.
The site is 0.2 miles from Highway 190. Sewer service is provided by a septic tank.
The site is 0.2 miles from Highway 190. Sewer service is provided by a septic tank.
Key Highlights
- 1.03‑acre site with approximately 2,790 square feet of building area
- Currently used as a dealership, with office space and a bay door
- Fenced outdoor storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,185
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,700
$663.7K
Cap Rate 7%
$474,071
$474.1K
Cap Rate 9%
$368,722
$368.7K
Market Conditions
NOI Build-Up for 2,790 SF
Gross rent
$50.2K $18.00/SF
− Vacancy
−$2.8K −$1.01/SF
EGI
$47.4K $16.99/SF
− OpEx
−$14.2K −$5.10/SF
NOI
$33.2K $11.89/SF
Area
Lampasas County, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,700
Cap Rate 7%
$474,071
Cap Rate 9%
$368,722
Alternative Uses
Best Use
Retail
$474.1K
$414.8K – $553.1K
NOI $33,185 @ 7.0% cap · market cap 8.40%
Second Best
Industrial
$251.8K
$220.3K – $293.7K
NOI $17,624 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$670.1K
$586.4K – $781.8K
NOI $46,909 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76539, TX
8,960
Population
3,718
Households
2.4
Avg Household Size
45
Median Age
23%
College-Educated
93%
High-School Grad
121.1 sq mi
ZIP Area
74
Density / Sq Mi
$95,899
Median Household Income
$42,538
Median Earnings
$1,354
Median Rent
$255,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Automotive property - An existing dealership layout includes office space, a bay door, and a secured outdoor storage area.
Where is this automotive property located?
The property is located at 298 Pecan Street Kempner, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1.03‑acre site with approximately 2,790 square feet of building area; Currently used as a dealership, with office space and a bay door; Fenced outdoor storage area
