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Property profile & analytics
OFF-MARKET
Commercial real estate

176 Riverview Rd Kerrville, TX 78028-9444

1,996 SF 6.9 ac lot Built 1997
Entity Owned 2-yr Hold Free & Clear
Property ID
US83-2615171
Property summary
AI-generated overview

This exceptional Kerrville, TX property boasts nearly 7.62 acres of prime Guadalupe River frontage, offering a unique blend of natural beauty and lucrative income potential. The established RV park features 34 full hookup RV pads (water, sewer, electricity) and 17 electricity-only pads, all situated amidst meticulously maintained grounds with mature trees and stunning river views. A central island provides ample space for restrooms and is ideally suited for hosting various events such as car shows, concerts, or reunions. The property also includes a substantial 7,000 sq. ft. restaurant complete with a large outdoor patio, perfectly positioned to cater to both RV park guests and the local community. Adding to the property's versatility is a 1,996 sq. ft. house with a carport, offering potential for private residence or Airbnb rental. A large metal shed provides extensive storage, additional carport space, and flexibility for maintenance or workshop use. Direct river access enhances the property's appeal, providing opportunities for fishing, kayaking, and relaxation. This turnkey operation presents a rare opportunity to acquire a multi-faceted income-generating property with significant upside potential in a desirable Texas location. The property is priced at $5,900,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Total area 1,996 SF
Lot 6.9 ac (300,564 SF)
APN 15812
UPID US83-2615171
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hunter Kelsey III LLC · 2 yrs held
Hunter Kelsey III LLC
since 2024
Last sale
$15,890
1 recorded transaction
2024
$15,890
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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