Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    67 Tonkawa Trl Fredericksburg, TX 78624

    • Land
    • 10.09 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 67 Tonkawa Trl

    Lot size
    10.09 lot acres
    Property type
    Land

    Description

    This exceptional 10.09-acre commercial land parcel in Fredericksburg, Texas, presents a unique investment opportunity. Located at 67 Tonkawa Trail, 78624, this beautifully treed property boasts spectacular views and is enhanced by thoughtful site preparation. Two building sites have been cleared, maximizing the natural landscape and showcasing the stunning vistas. A significant feature is a large pond, partially situated on this tract and an adjacent one, along with a potentially spring-fed creek. The property benefits from an agricultural exemption. Adding significant value, the sale includes complete custom building plans designed by award-winning architects, Athens Designs. These plans encompass a 2,448 sq. ft. three-bedroom main house and a 947 sq. ft. two-bedroom cottage, both in a charming country style. This turnkey opportunity combines the allure of a prime location with the convenience of pre-approved architectural designs, making it ideal for immediate development or future investment. The property's Gillespie County location offers easy access to the vibrant Fredericksburg community and its surrounding attractions. This is a rare chance to acquire a substantial commercial tract with pre-planning already completed, saving time and resources for the discerning buyer. The asking price for this remarkable property is $399,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.9644
    Latitude
    30.2469

    Comparable in this City

    • Value Estimation by Request
      26.90 Acres

      10219 Highway St

      Restaurants • 18,270 SF
      10219 Highway St, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request

      3508 Us-290

      Distribution properties
      3508 Us-290, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      1.50 Acres

      1801 Llano St

      Land • 1.50 Acres
      1801 Llano St, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      2.60 Acres

      606 Main St

      Land • 2.60 Acres
      606 Main St, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      13.00 Acres

      10279 Us-290

      Restaurants • 8,381 SF
      10279 Us-290, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      1.00 Acre

      1594 Us-290

      Land • 1.00 Acre
      1594 Us-290, Fredericksburg, TX 78624
      View Details

    Similar Nearby for Sale

    • $5,288,000
      7,521 SF

      Main Street Fredericksburg Commercial Property

      Prime Commercial Land, High Visibility
      905-913 Main St, Fredericksburg, TX 78624
      View Details
    • $1,900,000

      Fredericksburg Commercial Land

      Prime TX investment opportunity: mobile home park.
      512-516 Silver Maple St, Fredericksburg, TX 78624
      View Details
    • $2,900,000
      2.60 Acres

      Prime Fredericksburg Commercial Land

      2.6 acres, Main St, C-2 Zoning
      606 Main St, Fredericksburg, TX 78624
      View Details
    • $950,000

      Mustang Mobile Home Park Investment

      Fredericksburg, TX Mobile Home Park - High ROI
      613 Mustang St, Fredericksburg, TX 78624
      View Details
    • $950,000

      Fredericksburg Mobile Home Park Investment

      1.5 Acres, 11 Tenant-Occupied Homes
      613 Mustang St, Fredericksburg, TX 78624
      View Details
    • $495,000

      Prime Fredericksburg Commercial Land

      Build Your Dream Business in Texas
      404 Live Oak St, Fredericksburg, TX 78624
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      182,952 SF

      Fredericksburg, TX Shared Office Space

      Newly completed, flexible shared office space with modern amenities for lease.
      97 -- Hitching Post, Fredericksburg, TX 78624
      View Details
    • $1,000 /Mo
      32,670 SF

      Updated Office Suite in Fredericksburg

      Professional office suite with shared conference rooms and kitchenettes.
      1121 S State Highway 16, Fredericksburg, TX 78624
      View Details
    • New
      $1,800 /Mo
      6,534 SF

      Fredericksburg Commercial Space For Lease

      Charming commercial space on a highly visible corner lot.
      112 N Edison St, Fredericksburg, TX 78624
      View Details
    • Contact for pricing
      5,500 SF

      Fredericksburg Office Space For Rent

      Office space available in Fredericksburg, Texas.
      805 W Main St, Fredericksburg, TX 78624
      View Details
    • Contact for pricing
      2,070 SF

      Retail Space in Fredericksburg, TX

      Retail space available within a vibrant mixed-use development.
      206 N Milam St, Fredericksburg, TX 78624
      View Details
    • $8,000 /Mo
      13,504 SF

      Fredericksburg Commercial Space on Main

      3200 sq ft retail/office space with high visibility.
      1603 E Main St, Fredericksburg, TX 78624
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    67 Tonkawa Trl
    Fredericksburg, TX 78624
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.