Vineyard and Winery
1213 Kott Road Unit 1 Fredericksburg, TX 78624
New
1213 Kott Road Unit 1, Fredericksburg, TX, 78624
$3,500,000
For Sale
$3,500,000
Texas Hill Country property with a pond and an approximately 4,500 SF barn suited for a tasting room concept.
Property Size4,550 SF
Price / SF$769.23
Days on Market2
Property Features for 1213 Kott Road Unit 1
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing agency
Phyllis Browning Company (2108247878)
(210) 232-7381
Listed by
Brian Stamness · License #0700794
(210) 232-7381
Source
Phyllisbrowning
Added: Jul 21 Updated: Jul 22 at 4:40AM Checked: Jul 22 at 4:40AM
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 Phyllis Browning Company (2108247878)
Investment Insights
Based on property information with market context.
La Marguerite is a versatile Texas Hill Country property offered for sale as a redevelopment canvas. The site features approximately 60+/- acres of rolling landscape and an existing one-acre pond. A 4,500 SF barn built using the framing of a 200+ year old Amish barn is on site and can be positioned as a tasting room for a winery concept.
The property is located about 12 miles from Fredericksburg off Highway 16 south, providing a rural hospitality and destination setting.
While the offering highlights wine and tasting room possibilities, the improvements and landscape are also presented as a fit for a boutique hotel or bed-and-breakfast redevelopment plan.
The property is located about 12 miles from Fredericksburg off Highway 16 south, providing a rural hospitality and destination setting.
While the offering highlights wine and tasting room possibilities, the improvements and landscape are also presented as a fit for a boutique hotel or bed-and-breakfast redevelopment plan.
Key Highlights
- Texas Hill Country property with a pond and approximately 60 +/- acres
- About 4,500 SF barn built in 1990, suited for a tasting room concept
- Barn built using the framing of a 200+ year old Amish barn
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $546.0k | $120.00 |
| − Vacancy | −$38.2k | −$8.40 |
| EGI | $507.8k | $111.60 |
| − OpEx | −$266.6k | −$58.59 |
| NOI | $241.2k | $53.01 |
4,550 SF · lease $120.00/SF/yr · vacancy 7.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$3.45M
$3.01M – $4.02M
NOI $241,196 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
La Marguerite
Wedding Service
High Gun Wines
Brewery & Distillery
Similar For Sale Nearby
FAQs
What type of property is this?
Bed & breakfast - Texas Hill Country property with a pond and an approximately 4,500 SF barn suited for a tasting room concept.
Where is this bed & breakfast located?
The property is located at 1213 Kott Road Unit 1 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Texas Hill Country property with a pond and approximately 60 +/- acres; About 4,500 SF barn built in 1990, suited for a tasting room concept; Barn built using the framing of a 200+ year old Amish barn
