4112 State Highway 16 Bandera, TX 78003
- Commercial real estate
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4112 State Highway 16
- Year built
- 1996
- Lot size
- 5.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5-acre commercial property in Bandera, Texas, presents a lucrative investment opportunity. Strategically located just off Highway 16, the property boasts a diversified income stream anchored by a thriving self-storage facility. The existing self-storage units generate consistent rental income, complemented by additional revenue from a currently leased residential unit suitable for an on-site manager, and a separate shop/office space. The property is fully fenced and secured with a gated entrance, ensuring both safety and peace of mind. Beyond the existing structures, significant potential exists for expansion and diversification. The unimproved portion of the land offers ample space for various uses, including additional industrial space, RV parking, residential housing units, or further expansion of the self-storage facility. This versatile property is ideally suited for investors seeking a strong cash flow with significant upside potential for future growth and development. The property's prime location and diverse income streams make it an attractive investment in the thriving Bandera market. The existing tenants provide immediate cash flow, while the undeveloped land offers considerable flexibility for future expansion and development to meet evolving market demands. This is a rare opportunity to acquire a well-established, income-producing property with substantial growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bandera
- County
- Bandera
- State
- Texas
- Longitude
- -99.019
- Latitude
- 29.7445