606 E Main St Fredericksburg, TX 78624
For Sale
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This exceptional 2.6-acre commercial land parcel presents a rare investment opportunity in the heart of historic Fredericksburg, Texas. Located on East Main Street, this property boasts prime visibility and high traffic counts, offering significant potential for a variety of commercial ventures. The C-2 zoning allows for diverse uses, including restaurants, wineries, unique lodging establishments, retail spaces, and more. The expansive lot provides ample space for a single large development or a compound of businesses. A key advantage is the property's frontage on Highway 290, ensuring excellent accessibility and exposure. Further enhancing its appeal is the picturesque Town Creek running along the rear of the property, offering scenic views. The location is unparalleled, with established businesses such as Natural Grocers and McDonald's in close proximity. This is a truly unique opportunity to acquire a substantial commercial land holding in one of Texas' most desirable and thriving towns. No other comparable land opportunities exist within this coveted stretch of Main Street. The property is owned by Patel, Mahesh G Etal and is offered at $2,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.