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    FOR SALE
    Commercial real estate

    1213 Kott Rd, Fredericksburg, TX 78624

    4,550 SF 11.26 ac lot Built 1990
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US82-8811679
    Property summary
    AI-generated overview

    La Marguerite, a remarkable 25-acre property nestled in the Texas Hill Country, presents an exceptional investment opportunity just 8.8 miles from Fredericksburg. Currently operating as a thriving event venue, this expansive estate boasts unparalleled potential for redevelopment. Imagine transforming this idyllic setting into a luxurious boutique hotel or charming bed and breakfast, capitalizing on the tranquil one-acre pond, breathtaking panoramic views, and the picturesque rolling hills. Alternatively, envision a flourishing winery, leveraging the fertile land and stunning vistas to create a truly unforgettable experience. The existing 4,500 square foot barn, constructed using the reclaimed framing of a 200+ year-old Amish barn, offers a unique and captivating structure, perfect for a tasting room or other event space. This blend of traditional craftsmanship and modern design adds to the property's inherent charm and appeal. This exceptional property, with its natural beauty and strategic location, represents a rare chance to create a truly special and profitable venture in the heart of the Texas Hill Country. The existing infrastructure and stunning landscape provide a solid foundation for a variety of exciting possibilities. Serious investors seeking a unique and promising investment should not miss this opportunity. The asking price is $2,800,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1990
    Total area 4,550 SF
    Lot 11.26 ac (490,486 SF)
    APN 77085
    UPID US82-8811679
    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
    Current use
    Occupant on record · Public records
    • La Marguerite Wedding Service
    • High Gun Wines Brewery & Distillery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    LAZY 9 EXCHANGE PARTNERS
    LAZY 9 EXCHANGE PARTNERS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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