Commercial Kitchen Flex
For Sale
$1,500,000
2421 Usener Rd, Fredericksburg, TX 78624
Land, Fredericksburg, TX
Property Size13,376 SF
Lot Size19.03 Acres
Price / SF$112.14
Days on Market97
Property Features for 2421 Usener Rd
General Information
Property type
Land
Property subtype
Other
Zoning
OCL
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
CALL DISTRICT
Middle school district
CALL DISTRICT
High school district
CALL DISTRICT
Subdivision
3100
Standard status
Active
Size
13,376 SF
Lot size
19.03 Acres
Taxes and HOA fees
Tax Annual Amount
8291
Amenities
commercial kitchen
wood-fired pizza oven
executive office areas
storage
open gathering spaces
Listing Agency:
Uriah Real Estate Organization
(830) 600-5263
Listed By:
Uri Uriah · License #9002555
(210) 315-8885
Added: Jul 29
Changed: Sep 24
Last Checked: Nov 2 at 12:06AM
MLS# 2003827
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 19.03-acre property includes 13,376 square feet of improvements configured for flexible commercial use. The primary structure contains a commercial kitchen with a wood-fired pizza oven, executive office areas, extensive storage, and open gathering spaces. The property was formerly operated as a boutique winery, and the existing layout also includes features suited to agricultural or lifestyle-oriented use.
Located 9 miles west of Fredericksburg with access to U.S. Highway 290, the property is positioned near the 290 Wine Trail. Zoning is OCL, and the surrounding acreage provides room for outdoor activities, agricultural pursuits, or additional improvements. The combination of substantial interior space and acreage supports a range of operational configurations within the Texas Hill Country setting.
Located 9 miles west of Fredericksburg with access to U.S. Highway 290, the property is positioned near the 290 Wine Trail. Zoning is OCL, and the surrounding acreage provides room for outdoor activities, agricultural pursuits, or additional improvements. The combination of substantial interior space and acreage supports a range of operational configurations within the Texas Hill Country setting.
Key Highlights
- 19.03 acres with 13,376 square feet of improvements
- Commercial kitchen with wood‑fired pizza oven
- Executive office areas, expansive storage, and open gathering spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,787
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,195,740
$2.2M
Cap Rate 7%
$1,568,386
$1.6M
Cap Rate 9%
$1,219,856
$1.2M
Market Conditions
NOI Build-Up for 13,376 SF
Gross rent
$196.6K $14.70/SF
− Vacancy
−$27.7K −$2.07/SF
EGI
$168.9K $12.63/SF
− OpEx
−$59.1K −$4.42/SF
NOI
$109.8K $8.21/SF
Area
Gillespie County, TX
Vacancy
14.10%
Lease Rate
$14.70 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,195,740
Cap Rate 7%
$1,568,386
Cap Rate 9%
$1,219,856
Alternative Uses
Best Use
Flex RnD
$1.57M
$1.37M – $1.83M
NOI $109,787 @ 7.0% cap · market cap 7.32%
Second Best
Industrial
$984.0K
$861.0K – $1.15M
NOI $68,881 @ 7.0% cap · market cap 4.59%
Theoretical Best
Hotel Hospitality
$10.13M
$8.86M – $11.82M
NOI $709,062 @ 7.0% cap · market cap 47.27%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile improvements include a commercial kitchen, executive offices, storage, and open gathering areas.
Where is this flex space located?
The property is located at 2421 Usener Rd Fredericksburg, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 19.03 acres with 13,376 square feet of improvements; Commercial kitchen with wood‑fired pizza oven; Executive office areas, expansive storage, and open gathering spaces
