2515 Commerce Street

Marble Falls, TX 78654

$849,900
Price
76,338 / 1.75
Lot Size / Acres

Description

This is an excellent opportunity to own an income-producing commercial property with a strong lessee and long-term occupancy and payment history! This great property is being sold with a 'triple net' lease from current tenant, which has been in the building since 2002. The current lease renewal began in 11/22 and is for a period of five (5) years. The tenant has an option for two (2) more renewal periods of five years, with approximately 5% lease increases for these renewal periods. Approximately...This is an excellent opportunity to own an income-producing commercial property with a strong lessee and long-term occupancy and payment history! This great property is being sold with a 'triple net' lease from current tenant, which has been in the building since 2002. The current lease renewal began in 11/22 and is for a period of five (5) years. The tenant has an option for two (2) more renewal periods of five years, with approximately 5% lease increases for these renewal periods. Approximately 1.75 acres total with Whitman Branch creek running through the undeveloped back half.
  1. Listed by Bob Clifton • TREC #0568465 • Keller Williams - Lake Travis • (830) 613-5215

Property Details for 2515 Commerce Street

Subdivision Name
Hi-Ridge Trails
Waterfront
No
Waterfront Description
Creek
Water Access Description
Creek
View
Creek/Stream
View YN
Yes
Parcel Number
19593
Tax Lot
9
LISTING UPDATED: 09/30/2024 01:26 PM

Property Details for 2515 Commerce Street

StatusActive
MLS #9749991
Days on Market124
Taxes$12,717 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.75 AC
CountyBurnet County

Building Information for 2515 Commerce Street

Lot Size1.75 AC

Property Information for 2515 Commerce Street

General Information
Interior
Exterior
  • New Construction: No
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: Partial
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $711,465
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.79%
Showing Information
Showing Information
  • Directions: On Commerce Street in Marble Falls. Easiest route is to turn on Nature Heights off Highway 281 north across from Walmart, right on Commerce, property on right.

Property History for 2515 Commerce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2515 Commerce Street

Taxable ValueLand$293,134Additions$418,331Total$711,465
Tax Record2024$12,855 ($1,071 / month)
Home Facts
Total Finished SqFt9,840 SqFtAbove Grade Finished SqFt9,840 SqFtLot Size76,339 SqFtStyleMiscellaneous IndustrialYear Built1982CountyBURNETAPN19593

Schools near 2515 Commerce Street

This home is within Marble Falls Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Colt Elementary School
PublicPK to 5

Marble Falls Middle School
Public6 to 8

Marble Falls High School
Public9 to 12

Falls Career High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2515 Commerce Street is a 1.75 ac of land for sale in Marble Falls, TX 78654. This property was listed for sale on August 20, 2024 by Keller Williams - Lake Travis, it's currently listed at $849,900. This listing's school district is Marble Falls Independent School District. Nearby schools include Colt Elementary School, Marble Falls Middle School and Marble Falls High School. 2515 Commerce Street is a 0-bed, 0-bath, 1.75 ac of land on a 76,338 sq. ft. / 1.75 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams - Lake Travis, Bob Clifton, TREC #0568465

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.