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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

719 Brazos St Lockhart, TX 78644

4,883 SF 0.26 ac lot Built 1984
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in downtown Lockhart, Texas, presents a unique investment opportunity. Located on Hwy 183, the 0.26-acre lot features a 4,883 square foot building, offering 4,663 square feet of net rentable space, priced at $239.61 per square foot. The property includes two units, perfect for a variety of uses, currently configured as a storefront and manufacturing space. Built in 1984, this single-story building sits on a commercially zoned lot and boasts convenient access via a driveway directly from Hwy 183. Ample parking is available at the rear. The building will be vacant upon purchase. While currently partially occupied, the rear portion offers significant potential for repurposing. The property is available for a 1031 exchange. This prime location on the main highway offers high visibility and accessibility, making it an ideal investment for entrepreneurs and businesses seeking a thriving downtown location. The property's versatility and central location make it a compelling opportunity for a wide range of commercial ventures. Occupancy is available September 30, 2024.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1984
Total area 4,883 SF
Lot 0.26 ac (11,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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