674 Loop 230 Smithville, TX 78957
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.