714 Mustang St Fredericksburg, TX 78624
This exceptional commercial property presents a rare opportunity to acquire a 0.523-acre vacant lot in the thriving city of Fredericksburg, Texas. Located at 714 Mustang Street, this C-2 zoned property offers unparalleled versatility for a wide range of commercial uses. Its strategic position, just one block from South Washington Street and near the intersection with Highway Street, ensures high visibility and accessibility. The property benefits from its proximity to Fredericksburg's vibrant Main Street, boasting over 100 restaurants, bars, and shops, guaranteeing a robust customer base. City utilities are readily available, simplifying development plans. The lot's size is 22,781.88 square feet, providing ample space for various commercial ventures. An adjoining neighbor, Searchers Land Surveying, further enhances the property's appeal and potential for synergy. This is an exceptional investment opportunity in a rapidly growing Texas Hill Country town. The asking price for this remarkable property is $495,000. Don't miss this chance to secure a prime commercial location in the heart of Fredericksburg. The property is located in Gillespie County, Texas, with a zip code of 78624.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.