2140 Old Fm 689 Kerrville, TX 78028
This exceptional 6.369-acre commercial land parcel presents a unique investment opportunity in desirable Kerrville, Texas. Boasting prime River Trail frontage, the property offers direct access to the scenic Guadalupe River and is conveniently located steps from Kerrville-Schreiner Park. The site's strategic location provides unparalleled visibility and accessibility. Currently generating income from five RV spaces, each connected to city water and sewer, this property offers immediate revenue potential. The expansive lot size of 277,433.64 square feet provides ample space for a variety of development possibilities, catering to diverse commercial ventures. The asking price is $2,250,000. All provided data, including lot size, acreage, and income figures, are approximate and should be independently verified by the prospective buyer before contract execution. This property is being offered as-is. This is a rare chance to acquire a highly desirable commercial property with existing income and significant development potential in a thriving Texas Hill Country community. Don't miss this opportunity to secure a piece of Kerrville's vibrant landscape.
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
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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.