17839 State Highway 16 Medina, TX 78055
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.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.