Commercial Land for Strip
For Sale
$2,650,000
702 S Washington St, Fredericksburg, TX 78624
Commercial Sale, Fredericksburg, TX
Property SizeContact for details
Lot Size1.95 Acres
Days on Market160
Property Features for 702 S Washington St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Elementary school district
Fredericksburg
Middle school district
Fredericksburg
High school district
Fredericksburg
Standard status
Active
Lot size
1.95 Acres
Taxes and HOA fees
Tax Annual Amount
16677
Listing Agency:
Reata Ranch Realty, LLC
(830) 992-3045
Listed By:
Michele Smith · License #TX9002241
(325) 347-4702
Added: Mar 23
Changed: Aug 19
Last Checked: Aug 29 at 9:06AM
MLS# 104003
Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a commercial land offering in C-2 zoning with partially-approved plans for a strip center that convey with the sale. The property is sold “as is.” The site is positioned along S. Washington Street (State Highway 87) and is described as having strong visibility and accessibility in a heavily traveled retail and visitor area.
TxDOT STARS II traffic count information is referenced, with estimated daily traffic volumes for the corridor of approximately 7,000 to 10,000 vehicles per day. Additional roadway volumes are provided in the remarks for a nearby collector route carrying approximately 2,000 to 7,000 vehicles per day. The property is described as minutes from Main Street within the Fredericksburg central business district, surrounded by a mix of residential neighborhoods, lodging options, and local businesses.
The seller notes buyer should verify zoning and use. The offering is presented as suitable for a range of commercial development concepts, including retail, office, and hospitality, consistent with the partially-approved strip center plans.
TxDOT STARS II traffic count information is referenced, with estimated daily traffic volumes for the corridor of approximately 7,000 to 10,000 vehicles per day. Additional roadway volumes are provided in the remarks for a nearby collector route carrying approximately 2,000 to 7,000 vehicles per day. The property is described as minutes from Main Street within the Fredericksburg central business district, surrounded by a mix of residential neighborhoods, lodging options, and local businesses.
The seller notes buyer should verify zoning and use. The offering is presented as suitable for a range of commercial development concepts, including retail, office, and hospitality, consistent with the partially-approved strip center plans.
Key Highlights
- Prime location on S. Washington Street (SH 87) with high visibility and strong daily traffic counts.
- Minutes from Main Street shopping, dining, and wineries.
- Flexible commercial potential suitable for retail, office, hospitality, or mixed‑use development.
Property Analytics
Property Profile
Current Use
Lease Details
10,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Explore this area
Business Placement
Demographics for 78624, TX
23,080
Population
12,421
Households
1.9
Avg Household Size
52
Median Age
37%
College-Educated
89%
High-School Grad
742.3 sq mi
ZIP Area
31
Density / Sq Mi
$67,987
Median Household Income
$37,047
Median Earnings
$1,347
Median Rent
$439,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in C-2 zoning with partially-approved strip center plans, sold as-is, along a high-traffic corridor.
Where is this commercial land located?
The property is located at 702 S Washington St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Prime location on S. Washington Street (SH 87) with high visibility and strong daily traffic counts.; Minutes from Main Street shopping, dining, and wineries.; Flexible commercial potential suitable for retail, office, hospitality, or mixed‑use development.
