New Warehouse Near
748 CR 209 Lampasas, TX 78605
748 CR 209, Lampasas, TX, 78605
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For Sale
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3,750 SF warehouse on 2 acres near Lampasas.
Property Size3,750 SF
Lot Size2.00 Acres
Price / SF$118.67
Days on Market126
Property Features for 748 CR 209
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 2.00 Acres
- Property subtype
- Industrial
Listing Agency
Centric Commercial
Listed by
Kent McCoy · License #TX
Source
Crexi
Added: Mar 15 Checked: Jul 17 at 4:15 am
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 Centric Commercial
Investment Insights
Based on property information with market context.
Located in Burnet County near Lampasas and Briggs, this warehouse building at 748 CR 209, Lampasas, TX 76550, was constructed in 2023. The property offers 3,750 square feet of space and includes two grade-level doors and one dock-high loading platform. Situated on a 2.00-acre lot, this property is available for sale or lease and presents an opportunity for various uses due to the absence of zoning restrictions.
Key Highlights
- New construction warehouse built in 2023
- 3,750 SF building on 2.00 acres
- Located in Burnet County near Lampasas and Briggs
Local Financial Insights For Warehouse
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 | $33.8k | $9.00 |
| − Vacancy | −$2.0k | −$0.54 |
| EGI | $31.7k | $8.46 |
| − OpEx | −$4.8k | −$1.27 |
| NOI | $27.0k | $7.19 |
3,750 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$385.2K
$337.1K – $449.4K
NOI $26,966 @ 7.0% cap · market cap 6.06%
Second Best
Industrial
$338.4K
$296.1K – $394.8K
NOI $23,688 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$900.7K
$788.1K – $1.05M
NOI $63,050 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 3,750 SF warehouse on 2 acres near Lampasas.
Where is this warehouse located?
The property is located at 748 CR 209 Lampasas, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: New construction warehouse built in 2023; 3,750 SF building on 2.00 acres; Located in Burnet County near Lampasas and Briggs
