1594 Us-290 Fredericksburg, TX 78624
This exceptional one-acre commercial property presents a rare redevelopment opportunity in the thriving city of Fredericksburg, Texas. Located at 1594 US-290, this parcel boasts an enviable location less than half a mile from Fredericksburg's Main Street, ensuring high visibility and convenient access. The property currently features five existing small buildings, offering flexibility for various development scenarios. The absence of zoning restrictions provides unparalleled freedom for creative and innovative projects. This prime location on Highway 290 offers excellent exposure to a high volume of traffic, making it ideal for a wide range of commercial ventures. The one-acre lot size provides ample space for expansion or the construction of new buildings. Given the scarcity of available land in this desirable area, this represents a truly unique investment opportunity in a rapidly growing Texas Hill Country town. The property's address is 1594 US-290, Fredericksburg, TX 78624, situated in Gillespie County. This is a chance to acquire a piece of Fredericksburg's vibrant commercial landscape with significant potential for future growth and profitability.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.