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    1700 Broadway Kerrville, TX 78028

    For Sale
    $725,000

    Prime 1-acre lot, 350' frontage, high traffic.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.09-acre commercial property in Kerrville, Texas, presents a unique investment opportunity. Located on Junction Highway, it boasts an impressive 350 feet of road frontage, ensuring maximum visibility for any business. The property's strategic location, just one mile from downtown Kerrville, offers easy access to the city's amenities and a vibrant community. Its proximity to Schriener University and the Kerrville River Path adds to its appeal, attracting both local residents and visitors. The mixed-use zoning allows for a wide range of development possibilities, from retail spaces and office buildings to other commercial ventures. According to TxDot's 2022 report, the daily traffic count on Junction Highway exceeds 10,400 vehicles, guaranteeing significant exposure and potential for high customer traffic. This property is ideal for entrepreneurs seeking a prominent location in a thriving area with a strong local economy and a diverse population. The surrounding area features a variety of established businesses, restaurants, and coffee shops, creating a lively and attractive environment. This is a rare chance to acquire a highly visible and versatile commercial lot in a desirable Kerrville location. All information should be independently verified by the buyer.

    Property Features for 1700 Broadway

    General Information

    Property type
    Other commercial real estate
    Lot Size
    47,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.13458
    Latitude
    30.03579

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-acre lot, 350' frontage, high traffic.
    Where is this commercial real estate located?
    The property is located at 1700 Broadway Kerrville, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    (830) 257-4000
    Request Owner's contact information
    1700 Broadway Kerrville, TX 78028
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    Kerrville, TX 78028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1700 Broadway Kerrville, TX 78028
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