2515 Commerce Street
$849,900
76,338 / 1.75
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.
- Listed by Bob Clifton • TREC #0568465 • Keller Williams - Lake Travis • (830) 613-5215
Property Details for 2515 Commerce Street
Subdivision Name
Hi-Ridge Trails
WaterfrontNo
Waterfront DescriptionCreek
Water Access DescriptionCreek
ViewCreek/Stream
View YNYes
Parcel Number19593
Tax Lot9
LISTING UPDATED: 09/30/2024 01:26 PM
Property Details for 2515 Commerce Street
Status | Active |
---|---|
MLS # | 9749991 |
Days on Market | 124 |
Taxes | $12,717 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Unimproved Land |
Year Built | - |
Lot Size | 1.75 AC |
County | Burnet County |
Building Information for 2515 Commerce Street
Lot Size1.75 AC
Property Information for 2515 Commerce Street
Property History for 2515 Commerce Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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