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Property profile & analytics
FOR SALE
Commercial land

1003 N Water St Burnet, TX 78611

0.89 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5580467
Property summary
AI-generated overview

This exceptional 0.89-acre commercial land parcel presents a unique investment opportunity in Burnet, Texas. Located at 1003 N Water St, the property boasts a highly desirable C-3 Highway Commercial zoning, allowing for a wide range of commercial uses. Its strategic location offers unparalleled visibility and accessibility, situated at a lighted intersection with convenient access from both Highway 281 and Graves Street. This prime corner lot provides excellent exposure to a substantial daily traffic volume. The property's proximity to Burnet Middle School and Burnet High School adds significant value, attracting potential businesses catering to the local community and student population. Furthermore, the availability of monument signage at this hard corner location provides an exceptional opportunity for branding and advertising. The lot size of 0.89 acres offers ample space for development, making it an ideal site for a variety of commercial ventures. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving Texas community. The property is zoned C-3 Highway Commercial and is ready for immediate development. Don't miss this chance to secure a prime piece of Burnet County real estate.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.89 ac (38,856 SF)
APN 52074
UPID US82-5580467
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
Proper Tea Holdings LLC · 4 yrs held
Proper Tea Holdings LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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