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OFF-MARKET
Specialty properties

714 Mustang St Fredericksburg, TX 78624

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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
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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