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611 Central Texas Expy, Lampasas, TX, 76550
Move-In Ready Office Suite

611 Central Texas Expy Lampasas, TX 76550

For Sale
$395,000

Move-in ready office space with a reception area, six private offices, breakroom, and multiple storage rooms.

Property Size2,454 SF
Price / SF$160.96
Days on Market386

Property Features for 611 Central Texas Expy

General Information

Standard status
Active
Size
2,454 SF
Listing Agency: The Kuker Company
Listed By: Ronald Kuker · License #0301563
Source: Exprealty
Added: Jul 3, 2025 Changed: Jul 23 Last Checked: Jul 23 at 10:48AM

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 versatile, well-maintained retail/office space is laid out for professional use, with a welcoming reception center leading to six private offices. The interior also includes two half bathrooms, a dedicated breakroom, and a spacious kitchen/conference/hospitality room with step-down access. Additional improvements and amenities include a copy center, file/storage room, multiple closets for extra storage, painted wood walls and sheetrock, crown molding, and 9-foot ceilings throughout except in the breakroom. Recent updates include fresh interior paint, updated light fixtures, and new flooring throughout.

The building features four separate entrances and central electric heat and air, supporting flexible access and day-to-day operations. The space also includes AT&T Fiber Internet.

With its finished interior, established office configuration, and recent in-suite upgrades, the property is presented in ready-to-occupy condition for businesses seeking a functional, move-in ready layout.

Key Highlights

  • Move‑in ready retail/office space with four separate entrances and central electric heat and air
  • Reception area plus six private offices for a flexible professional layout
  • Includes breakroom and a spacious kitchen/conference/hospitality room with step‑down access

Financial Insights For Office B

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 $53.0k $21.60
− Vacancy −$9.8k −$3.97
EGI $43.3k $17.63
− OpEx −$10.8k −$4.41
NOI $32.4k $13.22
2,454 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$463.4K
$405.5K – $540.7K (±1% cap)
NOI $32,440 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$589.4K
$515.8K – $687.7K (±1% cap)
NOI $41,260 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

The Kuker Company Real Estate Agency

Suggested Use

Parking Lot & Garage Electrical Service Florist (Bike/Boat/Book/etc) Store Tech Support Center Locksmith Carpet & Flooring Store Pet Store Skin Care Clinic Gym & Fitness Center

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

FAQs

What type of property is this?
Office units - Move-in ready office space with a reception area, six private offices, breakroom, and multiple storage rooms.
Where is this office units located?
The property is located at 611 Central Texas Expy Lampasas, 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: Move‑in ready retail/office space with four separate entrances and central electric heat and air; Reception area plus six private offices for a flexible professional layout; Includes breakroom and a spacious kitchen/conference/hospitality room with step‑down access
More about this property
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