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OFF-MARKET
Investment properties

17839 State Highway 16 Medina, TX 78055

9,000 SF 7 ac lot Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 7-acre property, located at 17839 N State Hwy 16 in Medina, Texas, presents a rare investment opportunity. Situated just four miles north of Medina and a convenient 20-mile drive from Kerrville, this expansive tract offers unparalleled versatility. The property encompasses a substantial 9,000 square foot building, previously utilized as a manufacturing facility. This existing structure provides a solid foundation for a variety of commercial ventures or could be repurposed to suit individual needs. Beyond the building, the land itself is a significant asset. Mature trees provide established landscaping, while the classic Texas Hill Country views create a picturesque setting. The property's location on Highway 16 ensures high visibility and accessibility, making it ideal for a business seeking strong exposure. The possibilities are extensive, ranging from continuing its use as a manufacturing facility to developing a new commercial enterprise or even creating a unique residential estate, potentially combining both commercial and residential uses. The asking price for this remarkable property is $369,000. This presents a compelling opportunity to acquire a substantial piece of land with existing infrastructure in a desirable location. Don't miss this chance to own a piece of the Texas Hill Country.

Property profile
Verified
Property type Investment properties
Year built 2006
Total area 9,000 SF
Lot 7 ac (304,920 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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