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Office Building with River Views
For Sale
$2,100,000

1001 Water St, Kerrville, TX 78028

Class A office property with private offices, collaborative workspace, executive facilities, and covered outdoor entry space.

Property Size12,140 SF
Price / SF$172.98
Days on Market14

Property Features for 1001 Water St

General Information

Standard status Active
Size 12,140 SF
Property subtype Office

Amenities

Central Air, Electric
3
Tile, Vinyl, Carpet
Metal
60 Parking Spaces.
1.51 Acres
River
River, Exterior Lighting. City Road, Paved Road, Open.

Building Details

Year Built 2003
Listing Agency: Sherman & Co
Listed By: Kelly Dooley & Ed Hamilton
Source: Xome
Added: Aug 10 Changed: Aug 22 Last Checked: Aug 23 at 3:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sherman & Co

Investment Insights

Based on property information with market context.

Built in 2003, this 12,140-square-foot office building features a Texas Hill Country limestone exterior, standing seam metal roof, and river views. The interior includes a senior executive office with private half bath, executive conference room, nine perimeter offices, a central open bullpen, separate men’s and women’s restrooms, break room, meeting room, and four additional offices in a separate wing. A 3,587-square-foot unfinished area includes two exterior entrances and may offer future owner-use flexibility subject to agreement between the tenant and landlord.

The property occupies 1.51 acres in Kerrville at 1001 Water St. Parking includes handicap spaces, with a level front lot at the building entrance and a lower rear lot adjoining the riverfront. Exterior features include a covered patio, lighting, and paved city-road access. The building has never flooded and is currently leased through 4/9/29, with annual rent increases.

Key Highlights

  • 12,140‑square‑foot office building on 1.51 acres
  • Texas Hill Country limestone exterior with standing seam metal roof
  • 3,587‑square‑foot unfinished area with two private exterior entrances

Property Analytics

Current Use

Methodist Physicians South ... Physician Hill Country Ranches Consultant Gregory Altemose Physician Javier Roman-Gonzalez, MD Physician Water Street Family ... Alternative Medicine Practice

Suggested Use

Top Pick Furniture & Home Goods Auto Parts Store Storage Facility Big Box & Wholesale Store Veterinary Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,635
Businesses Nearby

Demographics for 78028, TX

40,789
Population
19,285
Households
2.1
Avg Household Size
51
Median Age
32%
College-Educated
91%
High-School Grad
263.3 sq mi
ZIP Area
155
Density / Sq Mi
$65,486
Median Household Income
$35,884
Median Earnings
$1,097
Median Rent
$281,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Class A office property with private offices, collaborative workspace, executive facilities, and covered outdoor entry space.
Where is this office building located?
The property is located at 1001 Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 12,140‑square‑foot office building on 1.51 acres; Texas Hill Country limestone exterior with standing seam metal roof; 3,587‑square‑foot unfinished area with two private exterior entrances
More about this property
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