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Specialty properties

114 8 Kerrville, TX 78028

Property ID
Property summary
AI-generated overview

This exceptional 54,014 square foot commercial lot, located at 114 Plaza Drive in Kerrville, Texas, presents a unique investment opportunity. Zoned C-2, this property offers a wide array of potential uses, including retail, medical facilities, indoor amusement centers, artisan workshops, auto leasing businesses, convenience stores, microbreweries, professional offices, and restaurants. The expansive lot size provides ample space for a variety of development projects, from a dynamic apartment complex to a signature retail establishment. Situated in Kerr County, Texas, with a Kerrville zip code of 78028, this property benefits from a strategic location that ensures high visibility and significant foot traffic, creating an ideal environment for a thriving business. The asking price for this remarkable property is $750,000. This is a rare chance to acquire a versatile commercial lot in a vibrant Texas community, allowing you to build the future you envision. Don't miss this opportunity to shape the landscape of your dreams and establish a successful venture in a bustling hub. The property is ready for your entrepreneurial vision.

Property profile
Verified
Property type Specialty properties
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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