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Commercial Land with Triple Highway Access
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1709 Llano Street, Fredericksburg, TX 78624

Commercial land featuring three TxDOT-approved entrances, direct Highway 16 North frontage, and city sewer service on-site.

Property Size9,726 SF
Price / SF$164.40
Days on Market62

Property Features for 1709 Llano Street

General Information

Standard status Active
Size 9,726 SF
Property subtype Mixed Use, Land, Self Storage

Building Details

Year Built 1985
Listing Agency: Keller Williams Realty, Inc.
Listed By: Wynne-Smith Horton Real Estate Group · License #671660
Source: Crexi
Added: Jun 5 Changed: Jul 10 Last Checked: Aug 4 at 6:22AM

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 Keller Williams Realty, Inc.

Investment Insights

Based on property information with market context.

This commercial land parcel is configured for high accessibility, with three TxDOT-approved entrances providing level access for vehicles. The property is described as wooded acreage with mature post oak, offering flexibility for storage, parking, or phased development concepts based on the site layout.

Located at 1709 Llano Street in Fredericksburg, the property has direct frontage along Highway 16 North. The highway positioning is a key attribute for businesses seeking daily roadway visibility. The remarks also note the property’s placement within the ETJ, with minimal use restrictions, which can simplify redevelopment planning. City sewer service is available at the property.

From a tenant, operator, or developer perspective, the triple-entry, highway-facing configuration supports practical use cases that benefit from convenient ingress and egress. The property is presented as a natural fit for a park-and-ride operation, and the mature wooded acreage is described as room for additional storage units or other phased commercial improvements. With municipal sewer available, prospective buyers and value-add operators have an infrastructure-ready starting point for expansion or redevelopment planning.

Key Highlights

  • Commercial land with direct Highway 16 North frontage for high daily traffic exposure
  • Three TxDOT‑approved entrances provide multiple points of access to the property
  • City sewer service available at the property

Financial Insights For Warehouse

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 $78.2k $8.04
− Vacancy −$6.6k −$0.68
EGI $71.6k $7.36
− OpEx −$10.7k −$1.10
NOI $60.8k $6.25
9,726 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$868.8K
$760.2K – $1.01M (±1% cap)
NOI $60,818 @ 7.0% cap · market cap 3.80%
Second Best
Self Storage
$715.5K
$626.1K – $834.8K (±1% cap)
NOI $50,085 @ 7.0% cap · market cap 3.13%
Theoretical Best
Hotel Hospitality
$7.37M
$6.44M – $8.59M (±1% cap)
NOI $515,575 @ 7.0% cap · market cap 32.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Law Firm HVAC Service Gym & Fitness Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Commercial land featuring three TxDOT-approved entrances, direct Highway 16 North frontage, and city sewer service on-site.
Where is this self storage facility located?
The property is located at 1709 Llano Street Fredericksburg, TX.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Commercial land with direct Highway 16 North frontage for high daily traffic exposure; Three TxDOT‑approved entrances provide multiple points of access to the property; City sewer service available at the property
More about this property
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