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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

674 Loop 230 Smithville, TX 78957

1,602 SF Built 1910
Property ID
US82-5155296
Property summary
AI-generated overview

This exceptional 1,602 square foot commercial property, located at 674 N W Loop 230 in Smithville, Texas, presents a unique investment opportunity. Built in 1910, this single-story building boasts a charming, historic character, featuring a large front porch ideal for creating curb appeal. The property is currently vacant and offers a single tenancy, providing flexibility for a variety of uses. Potential tenants could include a gift shop, bakery, small restaurant, or beer garden, among other possibilities. The property sits on a sizable lot with 15 total parking spaces, ensuring convenient access for customers and employees. The building's location within the Smithville submarket of Bastrop County (zip code 78957) offers excellent visibility and accessibility. While a garage is present on the property, it is not included in the lease. The driveway is conveniently located on the north side of the building, adjacent to the mailbox. This property is zoned for commercial use and offers a rare chance to own a piece of Smithville's history while capitalizing on its vibrant commercial landscape. The property is situated in the Bastrop, La Grange, Smithville submarket cluster.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1910
Total area 1,602 SF
UPID US82-5155296
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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