Property profile

700 Polk St Burnet, TX 78611

OFF-MARKET
Other commercial real estate
Property ID
US82-5909734
2,146 SF 0.17 ac lot Built 1940
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Suite B is an approximately 700-square-foot commercial space located on a busy corner in Burnet, Texas on the Highway 29 corridor at a traffic light. The interior layout includes a separate private office, a kitchenette/storage area, a bathroom, an entry area, and additional work space. The suite is associated with a private fenced backyard area shared with the adjacent tenant in Suite A, and there is an exterior storage closet. The site is situated on a 0.17-acre lot and has corner frontage on Highway 29 near nearby businesses and city parking.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 2,146 SF
Lot 0.17 ac (7,501 SF)
APN 12478
UPID US82-5909734

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

700 Polk St Burnet, TX 78611-2627
Burnet metro Census 960301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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