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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10219 Highway St Fredericksburg, TX 78624

18,270 SF 26.9 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 26.9-acre estate in the Texas Hill Country Wine Corridor presents a unique investment opportunity. The property boasts 1,118 feet of frontage on Hwy 290 and 1,125 feet on Grape Creek. The expansive land includes approximately 15 acres dedicated to agriculture, featuring a planted acre of grape varietals and an irrigation system. 19.62 acres are currently ag-exempt. Water resources include two wells (a 200 GPM permitted public water supply well and a 45 GPM well), along with four septic systems (two are permitted commercial systems). The property features multiple buildings totaling 18,270 square feet, including a 5,981-square-foot winery, tasting room, and bistro (Inwood Estates), a 2,400-square-foot renovated tasting room, and a 3,196-square-foot luxury venue (Mendelbaum Cellars). Accommodation options comprise six short-term rental cabins, two short-term rental apartments, a 2,149-square-foot two-story rental unit, and a manufactured home. Additional amenities include warehouse storage, 50 parking spaces, fenced pastures, a stock tank, and two billboards on Hwy 290. The property is offered in its entirety for $5,995,000, or in smaller parcels. The sale includes the real estate only

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 18,270 SF
Lot 26.9 ac (1,171,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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