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Property profile & analytics
OFF-MARKET
Industrial properties

584 U Hwy Lampasas, TX 76550

8.36 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Year built 2024
Lot 8.36 ac (364,162 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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