Commerce St Lockhart, TX 78644
This exceptional 0.84-acre commercial lot presents a unique development opportunity in the thriving town of Lockhart, Texas. Situated at the bustling intersection of FM 20 and Commerce Street, this property boasts excellent visibility and high traffic flow due to its proximity to Highway 183. The lot is zoned Commercial Heavy Business, allowing for a wide range of commercial uses. City utilities are readily available along the roadway, simplifying the development process. This undeveloped corner lot represents a significant advantage for businesses seeking a prime location with strong potential for growth. The area is experiencing steady commercial and residential growth, making this an attractive investment for entrepreneurs looking to establish a new business or expand an existing one. The property's size and location offer significant flexibility for various commercial ventures, from retail spaces to offices or light industrial uses. The high traffic count ensures maximum exposure for any business operating from this location. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly developing Texas town. Don't miss out on this chance to build your business in a vibrant and growing community. The property is ready for immediate development, offering a streamlined path to establishing your commercial presence in Lockhart.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.