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    Texas Hill Country Winery Destination Title is generated by Realmo AI

    2916 Upper Albert Rd, Stonewall, TX 78671

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    Claim this Listing
    For Sale
    $11,550,000

    COMMERCIAL - Stonewall, TX

    Lot size:
    63.00 Acres
    Added:
    May 27, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 2916 Upper Albert Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    63.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    27200

    We can help!

    Listing Contact
    Dennis Kusenberger
    Dennis Kusenberger

    Listing agent Dennis Kusenberger License #20628

    Listing office RE/MAX Town & Country 116 E Austin St, FREDERICKSBURG, TX

    Listing date May 27, 2026

    MLS# 104597

    Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established winery destination on the Highway 290 Wine Trail in the Texas Hill Country.
    • Panoramic views of the Pedernales River valley and surrounding vineyards.
    • Ideally suited for winery operations, hospitality expansion, private events, or destination development.
    • Strong regional traffic and established reputation within the Texas wine industry.
    • Two‑story production facility with crush pad, ample tank space, and barrel storage.
    • Located near thriving wineries, restaurants, and accommodations in Fredericksburg.

    Overview

    Located along Highway 290 Wine Trail, Pedernales Cellars is situated in the Texas Hill Country. This property combines hospitality, scenery, and wine country prestige. The estate offers views across the Pedernales River valley. Patios, gathering spaces, and floor-to-ceiling windows create an indoor-outdoor environment. The property is suited for winery operations, hospitality expansion, private events, or destination-driven development. The property's elevation and views make it positioned for weddings, corporate retreats, live entertainment, culinary events, and tourism ventures. Surrounded by wineries, restaurants, and accommodations in Fredericksburg, Pedernales Cellars benefits from regional traffic and a reputation within the Texas wine industry. The Hill Country wine region attracts visitors from Austin, San Antonio, Houston, and Dallas. The property consists of a two-story structure with a crush pad and room for stainless-steel tanks, barrels and storage. Pedernales Cellars represents a chance to acquire a Hill Country property with visibility and potential and conveys turnkey. The property is 63 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pedernales Cellars Brewery & Distillery

    Suggested Use

    Restaurant Hotel & Motel Wine and Liquor Store Bed & Breakfast Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stonewall
    County
    Gillespie
    State
    Texas
    Longitude
    -98.6551147
    Latitude
    30.2010079

    Nearby Similar for Sale

    • $3,420,000
      12,310 SF

      Stonewall, TX Commercial Property

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      View Details
    • $12,900,000
      19,100 SF

      Stonewall Winery on 146 Acres

      Established winery with production facility and hospitality space.
      2916 Upper Albert Rd, Stonewall, TX 78671
      View Details
    • $1,325,000
      6,000 SF

      Income-Producing Storage Facility Near Wine Trail

      6000 SF storage facility on 2.14 acres near wine trail.
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    FAQs

    What type of property is this?
    Vineyard - Iconic winery destination in the Texas Hill Country.
    Where is this vineyard located?
    The property is located at 2916 Upper Albert Rd Stonewall, TX.
    What is the asking price?
    The asking price for this property is $11,550,000.
    What are key features of this property?
    This property features: Established winery destination on the Highway 290 Wine Trail in the Texas Hill Country.; Panoramic views of the Pedernales River valley and surrounding vineyards.; Ideally suited for winery operations, hospitality expansion, private events, or destination development.
    (830) 456-6327
    We can help!
    Listing Contact
    Dennis Kusenberger
    Dennis Kusenberger
    Real Estate License ID: 20628
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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