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    429 Jefferson St Kerrville, TX 78028

    For Lease
    $15 SF/Yr ($18,472 /Mo)

    Prime Downtown Kerrville Retail Building

    Lot size:
    14,778 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 14,778-square-foot retail property, located at 429 Jefferson Street in Kerrville, Texas, presents a unique investment opportunity. Built in 1988 and renovated in 2012, this single-tenant building sits on a 0.93-acre lot and is zoned DAC. The property boasts excellent visibility and accessibility in Kerrville's vibrant downtown arts and culture district, surrounded by thriving businesses. The spacious interior offers ample flexibility for various business needs, with over 14,500 square feet of adaptable office space. Convenient on-site parking is available for employees and visitors, supplemented by additional street parking. The building's practical design includes three grade-level overhead doors, enhanced by a truck well that facilitates efficient loading and unloading at dock height. This key feature is located directly in front of one of the overhead doors. The property's prime location, combined with its substantial size and functional features, makes it an ideal choice for a wide range of commercial enterprises seeking a prominent presence in the heart of Kerrville. The property's single-tenant occupancy provides a straightforward investment opportunity. This is a rare chance to acquire a well-maintained, versatile commercial space in a thriving Texas city. The zip code is 78028.

    Property Features for 429 Jefferson St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,778 SF
    Total Rate
    18472.5

    Building Details

    Year Built/Renovated
    1988/2012
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    14,778 SF
    Rate per SF
    $15

    HighLights

    • Prime Kerrville location.
    • High visibility and accessibility.
    • Ample onsite and street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kerrville Daily Times Publisher

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.1421129
    Latitude
    30.0504073

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown Kerrville Retail Building
    Where is this retail property located?
    The property is located at 429 Jefferson St Kerrville, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Prime Kerrville location.; High visibility and accessibility.; Ample onsite and street parking.
    Request Owner's contact information
    429 Jefferson St Kerrville, TX 78028
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    Kerrville, TX 78028
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    429 Jefferson St Kerrville, TX 78028
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