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Property profile & analytics
OFF-MARKET Estimated value $615,000
Commercial real estate

2262 Bandera Hwy Kerrville, TX 78028-6630

4,716 SF 0.91 ac lot Built 2013
Individually Owned 13-yr Hold Free & Clear
Property ID
US83-2618476
Property summary
AI-generated overview

This exceptional commercial property located at 2262 Bandera Hwy, Kerrville, TX presents a remarkable investment opportunity. The 4,716 square foot building sits on a substantial 0.91-acre lot featuring a large poured concrete surface, providing ample parking and significant room for expansion or future development. The property boasts two generously sized suites, each with its own private entrance and independent utility meters. Currently, one suite is occupied by a thriving restaurant, Brew Dawgz Grille and Ale, generating immediate income potential. The second suite is available for lease or build-out, offering flexibility for a variety of commercial uses. The property's strategic location in Kerrville, TX, combined with its versatile layout and substantial lot size, makes it an ideal investment for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. The substantial concrete lot offers significant advantages for loading, parking, and potential future construction. This property represents a rare chance to acquire a well-situated commercial building with strong income potential and significant upside. The asking price is $1,250,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2013
Total area 4,716 SF
Lot 0.91 ac (39,640 SF)
APN 16210
UPID US83-2618476
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Papa Johns Take-out & Catering
  • Brewdawgz Grille & Ale Bar & Pub Restaurant
  • Papa John's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$788k
Blend (final) Blend
$615k
Owner & transaction history
Louis Howard · 13 yrs held
Louis Howard
since 2012
2 recorded transactions
2012
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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