904 Key Ave Lampasas, TX 76550
- Commercial real estate
- 6,865 SF
- 1.67 lot acres
Current Use by Public Records
- El Frias / Mexican Restaurant
Property Details for 904 Key Ave
- Year built
- 2006
- Lot size
- 1.67 lot acres
- Property size
- 6,865 SF
- Property type
- Commercial real estate
- APN
- 20215
- APU
- 20215
Description
This exceptional commercial property, located at 904 S Key Ave in Lampasas, Texas, presents a remarkable investment opportunity. The 2,520 square foot building enjoys a highly visible position, benefiting from significant vehicle and pedestrian traffic due to its proximity to two major highways, Highway 183 and Highway 281. The property's layout is intelligently designed with two distinct lease spaces, each equipped with its own utility meters, offering flexibility for either a single large tenant or multiple smaller businesses. This setup provides significant operational independence and cost-effectiveness. The property is fully enclosed by a metal fence, ensuring security and privacy. Ample on-site parking is available for tenants and customers, enhancing convenience and accessibility. Adding to its practicality, a separate storage building is located at the rear of the main structure, providing additional space for inventory, equipment, or other storage needs. The 0.19-acre lot provides a comfortable footprint for the existing buildings and offers potential for future expansion or outdoor use. This turnkey commercial property is ready for immediate occupancy and represents a strong investment in a thriving Lampasas location. The asking price is $475,000.
Value Estimation
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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
- -98.187
- Latitude
- 31.0779
- CBSA code
- 28660
- CBSA name
- KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA
