4023 State Highway 29Burnet, TX 78611

  • Commercial real estate
  • 2,400 SF
For Sale
$649,000 View listing

Property Details for 4023 State Highway 29

Year built
2004
Lot size
2.00 AC
Property size (Sq ft)
2,400 SF
Property type
Commercial real estate
APN
71373
APU
71373

Description

This exceptional Burnet, TX commercial property, located on the highly trafficked State Highway 29, presents a unique investment opportunity. The 2,400 square foot building currently operates as a single unit but offers the potential for conversion into three separate units, each with its own entrance, maximizing rental income or accommodating multiple businesses. The expansive 2-acre lot provides ample space for expansion, outdoor displays, or extensive parking. A convenient loading bay situated at the rear of the building ensures streamlined operations. Adding to the property's versatility are two existing barns, ideal for storage or adaptable for use as workshops. This prime location on Highway 29 guarantees high visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. Whether you seek to establish a new business, develop a multi-tenant investment property, or expand your existing operations, this property offers significant potential for growth and profitability in a thriving commercial area. The property's adaptability and strategic location combine to create a compelling investment opportunity in a high-demand market. Don't miss this chance to acquire a versatile and highly visible commercial property in Burnet, Texas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $787,564
    Hospitality
    $721,404
    Educational
    $600,200
    Medical
    $620,842
    Retail
    $933,644

Location Insight

City
Burnet
County
Burnet
State
Texas
Latitude
30.7487
Longitude
-98.1687

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
2023
$4,229
$111,658
$210,945
$322,603
-
$111,658
$210,945
$322,603

FAQs

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