Current Use by Public Records
- Industrial properties
Property Details for 584 U Hwy
- Year built
- 2024
- Lot size
- 8.36 lot acres
- Property type
- Industrial properties
Description
This exceptional 8.36-acre industrial property in Lampasas, Texas, offers unparalleled potential. Strategically located at the intersection of Highway 183, this high-visibility site boasts excellent accessibility. The property comprises two parcels totaling 8.36 acres, sold together. The larger 6.36-acre parcel features a 28-foot county-approved highway entrance, ensuring convenient access for future development. The smaller 2-acre parcel shares an entrance with an adjacent business. Both parcels have readily available electric service, and water is accessible through the City of Lampasas or Corix Coop water. A septic system will be required. Importantly, a thorough professional engineering and soil evaluation has already been completed for the 6.36-acre parcel, providing valuable data for prospective developers. To further enhance the development opportunity, the owner of the adjacent 2-acre parcel is committed to removing all existing buildings and business materials before the sale, unless otherwise agreed upon in the purchase contract. This presents a clean slate for immediate development, perfectly positioned for high visibility and convenient access. The asking price for this remarkable opportunity is $1,199,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lampasas
- County
- Lampasas
- State
- Texas
- Longitude
- -98.191
- Latitude
- 31.0873
