2105 S Water St Local commercial 2 082 m² 100 % Loué À vendre Burnet, TX 78611 2 895 542 € (1 390,47 €/m²) Taux de capitalisation 8,80 %

2105 S Water St in Burnet, Texas, is a fully leased 22,415-square-foot retail property situated on approximately 4.02 acres along the major US-281 commercial corridor. Offered at $3,400,000 with a price of $151.68 per square foot, the asset delivers an attractive 8.80% cap rate supported by a reported net operating income of $299,200. The site benefits from more than 428 feet of highway frontage and exceptional visibility, reinforced by a TxDOT 2024 traffic count of 29,548 vehicles, and it sits within a designated Opportunity Zone, providing investors potential tax advantages. Originally built in 1980 and renovated in 2022, the building is classified as a Class B retail/auto-service property and remains 100% leased with long-term tenants in place. The parcel, identified as #56937, carries a total 2025 assessment of $2,785,433, divided nearly evenly between land and improvements. Beyond the strong property fundamentals, its location on US-281 places it in a growing trade area with increasing regional commercial activity, making it well suited for continued income production and long-term investment upside.