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    Property profile & analytics

    120 Mlk Jr Industrial Blvd Lockhart, TX 78644

    • Commercial real estate
    • 13,293 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 120 Mlk Jr Industrial Blvd

    Year built
    1999
    Lot size
    2.10 lot acres
    Property size
    13,293 SF
    Property type
    Commercial real estate

    Description

    from light manufacturing to storage and distribution. The property benefits from high traffic visibility and easy access for both employees and deliveries

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67
    Latitude
    29.8606

    Comparable in this City

    • Value Estimation by Request

      Clark Loop

      COMMERCIAL (GENERAL)
      Clark Loop, Lockhart, TX 78644
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    • Value Estimation by Request
      0.02 Acres

      Market St

      COMMERCIAL (GENERAL) • 0.02 Acres
      Market St, Lockhart, TX 78644
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    • Value Estimation by Request
      0.12 Acres

      111 Pr Lea St

      COMMERCIAL (GENERAL) • 0.12 Acres
      111 Pr Lea St, Lockhart, TX 78644-2717
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    • Value Estimation by Request
      3,666 SF

      110 Cibilo St

      COMMERCIAL (GENERAL) • 3,666 SF
      110 Cibilo St, Lockhart, TX 78644-2663
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    • Value Estimation by Request
      1,082 SF

      2101 Colorado St

      COMMERCIAL (GENERAL) • 1,082 SF
      2101 Colorado St, Lockhart, TX 78644
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    • Value Estimation by Request
      37,210 SF

      1501 Main St

      COMMERCIAL (GENERAL) • 37,210 SF
      1501 Main St, Lockhart, TX 78644-3945
      View Details

    Similar Nearby for Sale

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      Lockhart Commercial Land - 367 Acres

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      Texas commercial/industrial land, seller financing available.
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    Similar Nearby for Lease

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      Lockhart Office Spaces For Lease

      Three office spaces available for lease with flexible options.
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    • $875 /Mo

      Lockhart Office Spaces For Lease

      Office spaces for lease with flexible options and included utilities.
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      Commercial Land For Rent

      Up to 2.635 acres of commercial land for rent.
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      2 SF

      Commercial Land Available For Lease

      2.71 acres of commercial land for lease.
      1820 South Colorado St, Lockhart, TX 78644
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    • $2,700 /Mo

      Industrial Land For Lease

      Large industrial land lot available for lease.
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      Commercial Land for Rent

      Land with access to HWY 183 and Bufkin Ln.
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    Lockhart, TX 78644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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