Search
Corner Flex Space
For Sale
Contact for pricing
Pending

401 S Key, Lampasas, TX 76550

Improved commercial site with highway exposure, signalized intersection access, and on-site signage.

Property SizeContact for details
Days on Market144

Property Features for 401 S Key

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: The Kuker Company
Listed By: Ronald Kuker · License #TX 0301563
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 4:26PM

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 The Kuker Company

Investment Insights

Based on property information with market context.

This flex-space property combines a 0.37-acre commercial lot with a 3,463-square-foot building. Constructed in 1955, the original structure was expanded with a warehouse addition during the 1970s. The property’s prior use was an auto repair shop, and all fuel tanks associated with the former gas station have been removed.

The site occupies the southeast corner of Third St and Key Ave in central Lampasas, at the junction of Hwys 281, 190, and 183. Reported traffic exceeds 20,000 vehicles per day. A traffic signal and signage are present at the corner. The existing improvements support consideration for retail, office, or other business use.

Key Highlights

  • 0.37‑acre lot with 16,000 SF of land area
  • 3,463 SF building constructed in 1955
  • Warehouse addition completed in the 1970s

Property Analytics

Current Use

Heritage Flower Shop (Bike/Boat/Book/etc) Store Heritage Funeral Home ... Social Service Agency

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Computer & Electronic Repair Skin Care Clinic Florist (Bike/Boat/Book/etc) 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

574
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76550, TX

12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Improved commercial site with highway exposure, signalized intersection access, and on-site signage.
Where is this flex space located?
The property is located at 401 S Key Lampasas, TX.
What are key features of this property?
This property features: 0.37‑acre lot with 16,000 SF of land area; 3,463 SF building constructed in 1955; Warehouse addition completed in the 1970s
(512) 556-7270 Call to check price and availability
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