Brick Retail
112 orange, Fredericksburg, TX 78624
For Sale
$998,500
The 2004 building sits one block from Main Street in Fredericksburg.
Property Size3,500 SF
Price / SF$285.29
Days on Market30
Property Features for 112 orange
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Construction
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 9
Changed: Nov 6
Last Checked: Nov 6 at 2:59PM
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 PIONEER REALTY PARTNERS, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500-square-foot retail property in Fredericksburg was built in 2004. Brick construction and a metal roof define the building’s exterior.
The property is located one block from Main Street at 112 Orange in Fredericksburg, Texas.
The property is located one block from Main Street at 112 Orange in Fredericksburg, Texas.
Key Highlights
- 3,500‑square‑foot retail property
- Brick construction with a metal roof
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,956
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,120
$1.0M
Cap Rate 7%
$742,229
$742.2K
Cap Rate 9%
$577,289
$577.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$79.0K $22.56/SF
− Vacancy
−$4.7K −$1.35/SF
EGI
$74.2K $21.21/SF
− OpEx
−$22.3K −$6.36/SF
NOI
$52.0K $14.84/SF
Area
Gillespie County, TX
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,120
Cap Rate 7%
$742,229
Cap Rate 9%
$577,289
Alternative Uses
Best Use
Retail
$742.2K
$649.5K – $865.9K
NOI $51,956 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.65M
$2.32M – $3.09M
NOI $185,535 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,185
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Gillespie County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The 2004 building sits one block from Main Street in Fredericksburg.
Where is this retail space located?
The property is located at 112 orange Fredericksburg, TX.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: 3,500‑square‑foot retail property; Brick construction with a metal roof; Built in 2004
