Wimberley Restaurant with Redevelopment
For Sale
Contact for pricing
500 FM 2325, Wimberley, TX 78676
Second-generation restaurant on a large lot with redevelopment potential.
Property Size2,244 SF
Price / SF$307.49
Days on Market538
Property Features for 500 FM 2325
General Information
Standard status
Active
Size
2,244 SF
Total Parking Spaces
20
Property subtype
Hospitality, Retail
Zoning
CS-1
Building Details
Year Built
1945
Buildings
3
Listing Agency:
JB Goodwin
Listed By:
David Ashby · License #TX 668161
Source:
Crexi
Added: Apr 18, 2025
Changed: Sep 19
Last Checked: Oct 5 at 3:18PM
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 JB Goodwin
Investment Insights
Based on property information with market context.
This second-generation restaurant offers major potential due to its excellent location on a large lot with frontage on a major thoroughfare, providing great visibility and traffic. Situated less than 2 miles from downtown, the property is in the heart of the explosive growth in Wimberley, with new developments and businesses coming online nearby. The site has the potential to become a thriving restaurant or be redeveloped into a variety of concepts to serve the surrounding community. Potential business uses include a cafe or coffee shop, entertainment venue with live music, retail space, office space, or veterinarian and pet boarding. The property is sold with all existing appliances, including a walk-in freezer. Also included is a 437 square foot building near FM 2325, as well as a garage or storage building behind the restaurant. There is a fenced space for a garden behind the restaurant, and the owners have installed a 30-year shingle commercial-grade roof. The spacious property features natural scenery, including lush oak trees that provide shade for outdoor music entertainment and social events. There is potential to increase parking and expand the existing concept or completely redevelop the 2244 square foot property. The location, land, and existing utilities create a unique opportunity.
Key Highlights
- Excellent location on a large lot with frontage on a major thoroughfare, providing great visibility and traffic.
- Located less than 2 miles from downtown Wimberley, in the heart of explosive growth with new developments nearby.
- Versatile property suitable for a thriving restaurant or redevelopment into various concepts.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,335
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,700
$846.7K
Cap Rate 7%
$604,786
$604.8K
Cap Rate 9%
$470,389
$470.4K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$58.4K $26.04/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$56.4K $25.15/SF
− OpEx
−$14.1K −$6.29/SF
NOI
$42.3K $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%
$846,700
Cap Rate 7%
$604,786
Cap Rate 9%
$470,389
Alternative Uses
Best Use
Specialty Retail
$604.8K
$529.2K – $705.6K
NOI $42,335 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$938.0K
$820.8K – $1.09M
NOI $65,663 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
106k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 31%
Home Improvements & Furnishings 19%
Dining 5%
H-E-B
Groceries
39,667 visits/mo
0.2 miles
Wimberley Ace Hardware
Home Improvements & Furnishings
17,262 visits/mo
0.3 miles
H-E-B Fuel
Shops & Services
14,439 visits/mo
0.3 miles
Exxon
Shops & Services
10,021 visits/mo
0.1 miles
Brookshire Brothers
Groceries
8,173 visits/mo
0.5 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant on a large lot with redevelopment potential.
Where is this conventional restaurant located?
The property is located at 500 FM 2325 Wimberley, TX.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Excellent location on a large lot with frontage on a major thoroughfare, providing great visibility and traffic.; Located less than 2 miles from downtown Wimberley, in the heart of explosive growth with new developments nearby.; Versatile property suitable for a thriving restaurant or redevelopment into various concepts.
