119 Bufkin Lane — Sale in Lockhart, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Lockhart, TX 78644
  • Year built: 2012

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property is a vacant 2,100-square-foot auto repair shop situated on 0.57 acres of land. This auto repair shop is an ideal opportunity for owner use, with its metal construction and three automotive bays providing ample space for a variety of automotive services. The shop also features office space, allowing for administrative tasks to be performed on site. Additionally, the property has three-phase heavy power, making it suitable for a range of equipment and machinery. With 12 parking spaces, there is ample room for customers and employees to park. The property's development potential is also a significant advantage, with an 8 percent building coverage ratio creating opportunities for expansion or redevelopment. The property's location along South Colorado Street (U.S. Route 183) provides easy access to downtown Lockhart. The property's location is a significant advantage, with its proximity to a strong retail growth corridor. The area is home to a number of major retailers, including McCoy's Building Supply, Walmart, H-E-B, Walgreens, Dollar Tree, and McDonald's. This corridor is experiencing significant growth and development, making it an attractive location for businesses. The property's visibility and accessibility make it an ideal location for a business looking to attract customers. The nearby businesses and services also provide a range of amenities and resources for employees and customers. The property's location along a major highway also provides easy access to other areas of the city. The area's growth and development make it an exciting opportunity for businesses. Investment Highlights: • Vacant 2,100-Square-Foot Auto Repair Shop Situated on 0.57 Acres • Featuring Metal Construction, Three Automotive Bays, Office Space, Three-Phase Heavy Power, & 12 Parking Spaces • Ideal for Owner Use | 8% Building Coverage Ratio Creates Development Opportunity • Located Along S. Colorado St. (U.S. 183) in Close Proximity to Downtown Lockhart • Strong Retail Grow

Market Context

This industrial in Lockhart, TX is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2012. It has been on the market for 86 days. Compare it against other industrial listings for sale in Lockhart, TX — view the full market.

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