Restaurant/Brewery/Retail Opportunity on Ranch
For Sale
Contact for pricing
Pending
16920 Ranch Rd 12, Wimberley, TX 78676
Turn-key restaurant/brewery/retail space on 1.87 acres near Wimberley.
Property Size2,152 SF
Lot Size1.87 Acres
Days on Market280
Property Features for 16920 Ranch Rd 12
General Information
Standard status
Pending
Size
2,152 SF
Class
C
Lot size
1.87 Acres
Property subtype
Retail
Lease Type
NNN
Building Details
Year Built
1983
Year Renovated
2014
Buildings
1
Stories
1
Listing Agency:
KW Commercial Austin SW
Listed By:
Joaquin Lopez · License #TX 0657845
(512) 567-6429
Source:
Crexi
Added: Jan 27
Changed: Oct 25
Last Checked: Nov 1 at 3:05AM
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 KW Commercial Austin SW
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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.
Located on Ranch Road 12, this property features 2,152 square feet of space on 1.87 wooded acres. The property is suitable for a restaurant, brewery, distillery, or retail operation. Situated 3 miles north of downtown Wimberley and near Dripping Springs, the location offers high visibility and a ready-made atmosphere.
Key Highlights
- 1.87 wooded acres on Ranch Road 12
- Turn‑key restaurant, brewery/distillery, or retail opportunity
- High visibility location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,600
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,000
$812.0K
Cap Rate 7%
$580,000
$580.0K
Cap Rate 9%
$451,111
$451.1K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$56.0K $26.04/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$54.1K $25.15/SF
− OpEx
−$13.5K −$6.29/SF
NOI
$40.6K $18.87/SF
Area
Hays County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,000
Cap Rate 7%
$580,000
Cap Rate 9%
$451,111
Alternative Uses
Best Use
Specialty Retail
$580.0K
$507.5K – $676.7K
NOI $40,600 @ 7.0% cap · market cap 3.69%
Second Best
Retail
$541.3K
$473.7K – $631.6K
NOI $37,893 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$899.6K
$787.1K – $1.05M
NOI $62,971 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78676, TX
14,713
Population
7,487
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
93%
High-School Grad
167.8 sq mi
ZIP Area
88
Density / Sq Mi
$86,819
Median Household Income
$44,745
Median Earnings
$1,432
Median Rent
$476,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - Turn-key restaurant/brewery/retail space on 1.87 acres near Wimberley.
Where is this restaurant located?
The property is located at 16920 Ranch Rd 12 Wimberley, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1.87 wooded acres on Ranch Road 12; Turn‑key restaurant, brewery/distillery, or retail opportunity; High visibility location
