2387 Highway St Fredericksburg, TX 78624
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.
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.