Technical
Financial
Distress signals
Property profile

2387 Highway St Fredericksburg, TX 78624

OFF-MARKET
Land
5.76 ac lot
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Property summary

AI-generated overview

This exceptional 5.76-acre commercial land parcel presents a compelling investment opportunity just two miles from the thriving city of Fredericksburg, Texas. Located at 2387 W Hwy 290, this property boasts convenient access to Highway 290 West, offering excellent visibility and accessibility. The site features multiple points of ingress and egress, enhancing its versatility and development potential. Currently generating cash flow (details available upon request), this land is ideally suited for a variety of commercial uses, including a mobile home park or RV park. Engineering plans are available for review. While existing mobile homes are present, their condition is unknown and requires verification by the prospective buyer. Situated in Gillespie County, Texas, zip code 78624, this property offers significant upside potential for investors seeking a prime location in a rapidly growing area. The property's strategic location and substantial acreage make it an attractive proposition for those seeking a strong return on investment. This is a rare opportunity to acquire a well-positioned commercial land parcel with existing income and substantial future development possibilities. Contact us today to learn more.

Property profile

Verified
Property type Land
Lot 5.76 ac (250,906 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2387 Highway St Fredericksburg, TX 78624
Fredericksburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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