10046 US-290, Fredericksburg, TX 78624
Income-producing commercial park on 5 acres in Texas Hill Country.
- Added:
- Mar 6, 2025
- Days on Market:
- 478
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 10046 US-290
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial, Mixed Use, Retail, Self Storage
Listing office Reata Ranch Realty, LLC (325) 347-4702
Listing date Mar 6, 2025
Source Crexi
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 Reata Ranch Realty, LLC
HighLights
- Prime location on the highly traveled US‑290 Wine Corridor in Texas Wine Country.
- Approximately 5 unrestricted acres with potential for expansion.
- Existing 20,000± square feet of building space with tenants in place, providing immediate income.
- Direct frontage and access from US‑290, offering high visibility and traffic exposure.
- Unrestricted zoning allows for flexible use and redevelopment opportunities.
- Well and septic systems are already in place.
Overview
Local Financial Insights For Retail
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 | $541.4k | $22.56 |
| − Vacancy | −$32.5k | −$1.35 |
| EGI | $509.0k | $21.21 |
| − OpEx | −$152.7k | −$6.36 |
| NOI | $356.3k | $14.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Gillespie
- State
- Texas
- Longitude
- -99.027328
- Latitude
- 30.296438