Property profile

921 Main St Bastrop, TX 78602

OFF-MARKET
Commercial real estate
Property ID
US82-5696125
8,401 SF 0.14 ac lot Built 1886
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story office building, located at 921 Main Street in the heart of downtown Bastrop, Texas, offers 9,111 square feet of meticulously renovated space. Originally constructed in 1866 and completely modernized in 2021, this property boasts a blend of historic character and contemporary functionality. The building features a variety of office spaces, large rooms, and co-working areas, all with a brand-new, turnkey finish. Its prime location on the corner of Main and Chestnut Streets provides excellent visibility and accessibility. A significant advantage is the expansive patio on Main Street, ideal for hosting events or providing outdoor workspace. The property is situated within walking distance of numerous restaurants and shops, offering employees and clients convenient amenities. This multiple-tenancy building in Bastrop County (zip code 78602) presents a unique opportunity to acquire a high-quality, historically significant commercial property in a thriving Texas town. The building's 9,111 square feet are spread across two stories, offering flexibility for various business needs. This is a rare chance to own a piece of Bastrop's rich history while enjoying the benefits of a completely renovated, modern workspace.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1886
Total area 8,401 SF
Lot 0.14 ac (6,273 SF)
APN R33215
UPID US82-5696125

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

921 Main St Bastrop, TX 78602-3809
Bastrop metro Census 950401 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
$676k
Blend (final) Blend
$515k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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