1009 4Th StLampasas, TX 76550

  • Other commercial real estate
  • 32,422 SF
For Lease
$20/SF/YR View listing

Property Details for 1009 4Th St

Year built
1940
Lot size
0.50 AC
Property size (Sq ft)
32,422 SF
Property type
Other commercial real estate
APN
461
APU
461

Description

This exceptional Lampasas property at 1009 E Fourth St offers 15,000 square feet of versatile commercial space, ideal for a variety of businesses. The single-story building sits on a 0.49-acre lot and features two suites, with a minimum divisible space of 1,480 square feet and a maximum of 3,272 square feet. Currently, 4,752 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property's classification includes retail, office, and industrial uses, encompassing warehouse, flex, medical office, and traditional office subtypes. Its prime location on high-traffic East Fourth Street provides excellent visibility and accessibility. The building benefits from its proximity to downtown Lampasas, offering convenient access to local amenities and a strong customer base. Existing tenants include a fitness center, a beauty spa and salon, and a soon-to-open smoothie shop, creating a vibrant and established commercial environment. A tenant improvement allowance is available to assist with build-out costs. This is a rare opportunity to secure a well-located, adaptable commercial space in a thriving Texas community. The property is located in Lampasas, Texas, zip code 76550.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,617,383
    Hospitality
    $9,725,465
    Educational
    $8,091,473
    Medical
    $8,369,751
    Retail
    $12,586,736
1009 4Th St, Lampasas, Texas

Location Insight

City
Lampasas
County
Lampasas
State
Texas
Latitude
31.0658
Longitude
-98.1714
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,872
$31,150
$1,801,420
$1,832,570
-
$31,150
$1,801,420
$1,832,570

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