747 Brazos St Lockhart, TX 78644
This exceptional commercial property in Lockhart, Texas, presents a unique investment opportunity. The offering encompasses a 1.51-acre lot with significant frontage on Colorado Street, Lockhart's busiest thoroughfare. The property includes a 4,883 square foot warehouse and a 1,356 square foot house, ideal for office space or conversion. Its strategic location is just 1.5 blocks from H-E-B and 4.5 blocks from the courthouse, ensuring high visibility and accessibility. The property's proximity to Highway 183 further enhances its commercial appeal. The adjacent 0.75-acre lot featuring a 2,981 square foot classic home with a large basement offers versatile possibilities. This could be repurposed as a restaurant with outdoor seating, leveraging the scenic porch and shaded area. An additional 0.25-acre parcel provides ample space for expansion, potentially accommodating a larger parking lot or integration with a fueling station. The seller is actively seeking commercial offers from businesses recognizing the potential of this prime location within a thriving Texas community. Lockhart's strategic position, a mere 25-mile drive from Austin via a high-speed freeway, positions this property for significant growth and return on investment. The property's diverse components and prime location make it suitable for a wide range of commercial ventures.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.