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3005 E Highway 190

7,200 SF Vacant Retail Building Lampasas, TX 76550 $2,578,993 CAD ($358 CAD/SF)

Investment Highlights

  • The property is 14,400 Sqft
  • 10-acre tract
  • Killeen Municipal Airport is a 36 min drive away
  • 6 bay doors
  • There are a lot of amenities near the Lampasas Auto Shop
  • The building was built in 2011 and only has had one owner

Executive Summary

PROPERTY OVERVIEW:
Calling all investors and entrepreneurs looking for a property with endless possibilities? Look no further than this 10-
acre commercial property with Highway 190 frontage! The 14,400 Sqft building is currently home to an active tire shop and
mechanic business - but the sky's the limit as to what you could do with this space.
There are no restrictions in place, so you could use it for whatever you like - retail, office space, storage – the options are
endless! The building is located just outside the city limits, you'll enjoy lower taxes and utility rates. Also, the equipment and other
assets are included in the value to the next buyer/operator (business and cash flow included). This is a rare opportunity to own a
truly versatile piece of property. Don't miss your chance - call today!
PROPERTY HIGHLIGHTS:
Building in Shell Condition
Retail
Auto Repair Shop
14,400 Sqft
10-acre tract
21 parking spaces
Frontage 284 Ft on East US Highway 190
Zoning Unrestricted area
High Road traffic area over 13,000 vehicles
pass the retail shop yearly.
Only has been one owner of the business for over 13 years.
50 X 100 inside bay cover
Kempner Water
Low Tax Rate 1.53
Equipment and other assets included at a high value to the next buyer/operator

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,200 SF
Building Class
C
Year Built
2011
Price
$2,578,993 CAD
Price Per SF
$358 CAD
Percent Leased
Vacant
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.02
Land Acres
10.00 AC
Zoning
UNRESTRICTED - Unrestricted
Parking
21 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
284 ft on East US Highway 190

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17481
Land Assessment
$202,522 CAD
Improvements Assessment
$463,254 CAD
Total Assessment
$665,776 CAD
  • Listing ID: 29842910

  • Date on Market: 2023-10-20

  • Last Updated:

  • Address: 3005 E Highway 190, Lampasas, TX 76550

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