0 231 #100 Kerrville, TX 78028
This exceptional opportunity presents a 948 sq ft commercial condo (Condo 3-A) located in Kerrville's vibrant historic downtown district at 231 Earl Garrett, Suite 100. The property, built in 1905, sits on a 0.17-acre lot within the Earl Garrett Commercial Condominiums. It boasts a unique 250 sq ft covered street-facing balcony, ideal for tenant use and enjoying downtown events. The suite offers easy access, high foot and vehicle traffic, and convenient street parking. This versatile space is currently occupied by a tenant and is suitable for various commercial uses. Residential use is also permitted in this historic downtown location. Attractive seller financing is available, with 80%-90% financing options. The property is a single unit within a larger building. This presents a strong investment opportunity in a prime Kerrville location.
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.