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Lampasas, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lampasas, Texas Market population: 7K. Compare commercial properties across all major asset classes with...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Lampasas TX Properties: 0.9900%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Lampasas TX

Common questions from investors exploring commercial real estate in Lampasas TX.

What's the overall investment potential of Lampasas, TX, considering its demographics and economy? +
Lampasas, TX, with a population of 7,291 and a median age of 40.4, presents a stable investment market, given its median household income of $44,375 and a relatively high poverty rate of 15.1%, which is somewhat mitigated by an employed population of 3,161 and a strong health insurance coverage rate of 86.2%.
How does the ethnic diversity and industry mix in Lampasas impact real estate demand? +
The city's ethnic diversity, led by White (83.1%), Hispanic or Latino (14.5%), and American Indian or Alaska Native (1.4%) populations, combined with top industries like Health Care & Social Assistance, Retail Trade, and Public Administration, suggests a diverse and somewhat stable demand for housing, potentially driven by the needs of workers in these sectors.
What are the implications of commute times and health insurance coverage for tenant quality and market stability in Lampasas? +
The average commute time of 24.4 minutes, with most residents driving alone or carpooling, indicates a manageable and potentially attractive living situation for renters, which, coupled with a high health insurance coverage rate of 86.2%, suggests a level of employment stability and quality of life that could support a stable rental market.
How do poverty rates, median property values, and homeownership rates interact to influence the real estate investment landscape in Lampasas? +
The poverty rate of 15.1% in Lampasas, while a consideration for investor risk, is set against a backdrop of median property values of $123,400 and a homeownership rate of 65.3%, which may indicate a balance between affordability and investment potential, particularly for strategies targeting the rental market or revitalization efforts.
In what ways do the GINI coefficient, foreign-born rate, and top industries in Lampasas inform decisions about real estate investment and development opportunities? +
The GINI coefficient of 0.423 suggests a moderate level of income inequality, which, considered alongside a foreign-born rate of 4.3% and the dominance of industries like Health Care & Social Assistance, may indicate opportunities for targeted development that caters to the needs of a diverse, albeit somewhat economically stratified, community, potentially including affordable housing initiatives or commercial developments serving the local workforce.

Lampasas TX Real Estate & City Facts

Key facts and real estate information about Lampasas TX.

What are some of the best neighborhoods to live in Lampasas? +
Some of the best neighborhoods to live in Lampasas include Badgers, a peaceful and rural neighborhood known for its charm and friendly atmosphere. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the south regions. Additionally, neighborhoods like Lometa are also worth considering, with a rating of 3 out of 5 on Niche.com.
What are some fun things to do in Lampasas? +
Lampasas has a variety of attractions and activities to enjoy, including hiking, biking, caving, swimming, fishing, birding, and wildlife viewing at places like Cooper Spring Nature Park and Colorado Bend State Park. Visitors can also explore the Historic Downtown Square, Hancock Springs Free Flow Pool, and Hanna Springs Pool. For those interested in wine, Texas Legato Winery is a great spot to visit.
What is the food scene like in Lampasas? +
The food scene in Lampasas is diverse and delicious, with restaurants like Giovannis Italian Restaurant offering great ambiance, exceptional service, and delicious Italian cuisine. Country Kitchen is another popular spot, serving up scratch-made pies and other homemade treats. For Mexican food, El Frias is a highly-recommended option, and Momma Jean's BBQ is a great place to try some soul food. There are also plenty of great food trucks and local eateries to discover.
What are the pros and cons of living in Lampasas? +
Living in Lampasas has its pros and cons. On the plus side, the city has a charming small-town atmosphere, a strong sense of community, and plenty of outdoor recreational opportunities. However, some drawbacks include limited job opportunities, a relatively high poverty rate, and a lack of diversity in the local economy. Additionally, the city's remote location may make it difficult for some residents to access certain amenities or services.
Is Lampasas a good place to live? +
Whether or not Lampasas is a good place to live depends on your individual priorities and preferences. If you value a close-knit community, outdoor recreation, and a relaxed pace of life, Lampasas may be an excellent choice. However, if you're looking for a more urban lifestyle, a diverse range of job opportunities, or a wider range of cultural amenities, you may want to consider other options. Ultimately, Lampasas is a great fit for those who appreciate its unique blend of small-town charm and natural beauty.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Lampasas TX Commercial Property: $44,375

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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