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Commercial Land With Development Plans
For Sale
$2,490,000

702 S Washington St, Fredericksburg, TX 78624

Commercial Sale, Fredericksburg, TX

Property SizeContact for details
Lot Size1.95 Acres
Days on Market206

Property Features for 702 S Washington St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Elementary school district Fredericksburg
Middle school district Fredericksburg
High school district Fredericksburg
Standard status Active
Lot size 1.95 Acres

Taxes and HOA fees

Tax Annual Amount 16677
Listing Agency: Reata Ranch Realty, LLC
Listed By: Michele Smith · License #TX9002241
Added: Mar 23 Changed: Oct 14 Last Checked: Oct 14 at 12:06PM
MLS# 104003

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.

Investment Insights

Based on property information with market context.

This 1.95-acre commercial land parcel includes existing buildings that are being sold as-is. Partially approved plans for a strip center convey with the property, providing an existing development concept for consideration. The site is zoned C-2, with zoning and permitted uses subject to buyer verification.

Located at 702 S. Washington Street in Fredericksburg, the property fronts State Highway 87 and sits minutes from Main Street and the central business district. The corridor serves local residential areas and visitor activity, with estimated traffic of 7,000 to 10,000 vehicles per day based on TxDOT data. U.S. Highway 290 provides regional connectivity between Austin, San Antonio, and the Texas Hill Country. The surrounding area includes residential neighborhoods, lodging properties, and local businesses.

Key Highlights

  • 1.95‑acre commercial land parcel in Fredericksburg
  • C‑2 zoning with buyer verification of permitted uses
  • Partially approved strip‑center plans convey with the sale

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Home Appliance Store Daycare Center Florist Tanning Salon

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

Lease Details

10,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

782
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
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Frequently Asked Questions

What type of property is this?
Commercial land - C-2-zoned commercial land with partially approved strip-center plans and direct placement along a primary local highway corridor.
Where is this commercial land located?
The property is located at 702 S Washington St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: 1.95‑acre commercial land parcel in Fredericksburg; C‑2 zoning with buyer verification of permitted uses; Partially approved strip‑center plans convey with the sale
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