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    606 Main St Fredericksburg, TX 78624

    For Sale
    $2,900,000

    2.6 acres, Main St, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    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.

    Property Features for 606 Main St

    General Information

    Property type
    Land
    Lot Size
    113,256 SF

    HighLights

    • High‑visibility Main Street location in desirable Fredericksburg, TX.
    • Excellent Hwy 290 frontage.
    • Attractive creek frontage.
    • Unique opportunity; no comparable land available on this section of Main Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.863665038038
    Latitude
    30.268909677769

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    FAQs

    What type of property is this?
    Land - 2.6 acres, Main St, C-2 Zoning
    Where is this land located?
    The property is located at 606 Main St Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: High-visibility Main Street location in desirable Fredericksburg, TX.; Excellent Hwy 290 frontage.; Attractive creek frontage.
    Request Owner's contact information
    606 Main St Fredericksburg, TX 78624
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    Fredericksburg, TX 78624
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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
    606 Main St Fredericksburg, TX 78624
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