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Property profile

117 S Main St Elgin, TX 78621

FOR LEASE
Other commercial real estate
Property ID
US82-6110786
2,728 SF 0.15 ac lot Built 1974
Last sale Jan 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
117 S Main St, Elgin, TX 78621 For Lease
$2,500/Mo 2,100 SF available
117 S Main St, Elgin, TX 78621
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Property summary

AI-generated overview

The property at 117 S Main St is a downtown mixed-use site that includes approximately 1,500 SF of white-box retail space and three separate storage units sized at about 10 ft by 20 ft each. The storage units are complemented by a large fenced side yard intended to provide flexibility for outdoor use, with space along the front side of the fence described as accommodating a food truck. The property is located within Elgin’s Downtown Historical Main Street District and is associated with a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$287k
Assessed land$44k
Assessed improvement$243k

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$4k
Operating expenses−$9k
NOI · 697.88% cap applied$17k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
697.88%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBASTROP

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Plumbing Service9.3
Tailor Shop9.2

Location

117 S Main St Elgin, TX 78621
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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