Current Use by Public Records
- Retail properties & Spaces
Property Details for 3005 Hwy
- Property type
- Retail properties & Spaces
Description
This exceptional 10-acre commercial property, located at 3005 E Hwy 190 in Lampasas, Texas, presents a unique investment opportunity. The 14,400 square foot building, constructed in 2011 and boasting 6 bay doors and 21 parking spaces, currently operates as a thriving auto repair shop. However, the unrestricted zoning allows for a multitude of uses, including retail, office space, or storage. Situated on a 10-acre tract with 284 feet of frontage on Highway 190, this property benefits from high visibility and significant road traffic, exceeding 13,000 vehicles annually. The sale includes existing equipment and assets, excluding back-office furniture and personal tools. The property enjoys a low tax rate of 1.53 and utilizes Kempner Water. Its location offers convenient access to Lampasas, Copperas Cove, and Killeen, with the Killeen Municipal Airport a 36-minute drive away. This single-tenancy, NNN-lease property is offered at $1,836,000 and represents a rare chance to acquire a versatile commercial asset with significant potential. The building features a 50 x 100 inside bay cover. This property has only had one owner in its thirteen-year history.
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
- -98.2651
- Latitude
- 31.1345
