Property profile

2 Crk 4002 Lampasas, TX 76550

OFF-MARKET
Land
0.42 ac lot
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Property summary

AI-generated overview

This 0.42-acre lot, located at Lot 2 CR 4002 in Lampasas, Texas, 76550, presents a unique investment opportunity. Zoned for commercial and residential use, it also offers potential for hunting or recreational activities. The property boasts highway frontage, providing excellent visibility and accessibility for potential businesses. Its strategic location on Highway 183 ensures high traffic volume, a key advantage for retail, dining, or service-oriented enterprises. The proximity to downtown Lampasas (just minutes away) offers convenience and access to local amenities. Furthermore, its location provides easy access to major Texas cities; it's approximately one hour north of Austin and two and a half hours from Dallas, making it an attractive location for both local and regional businesses. The asking price is $225,000. This versatile property offers a blend of commercial, residential, and recreational possibilities, making it an ideal investment for those seeking a diverse range of options in a rapidly growing area. The latitude and longitude coordinates are 31.049166191323735 and -98.17301005125047 respectively.

Property profile

Verified
Property type Land
Lot 0.42 ac (18,295 SF)

Cap rate & NOI

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

Location

2 Crk 4002 Lampasas, TX 76550
Lampasas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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