1003 N Water St Burnet, TX 78611
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.