Financial
Distress signals
Property profile

228 Washington St Kerrville, TX 78028

FOR LEASE
Other commercial real estate
Property ID
US83-2605876
6,000 SF 0.25 ac lot Built 1952
Last sale Mar 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This downtown Kerrville, Texas office suite is located within the Central Business District on a 0.25-acre lot and provides 507 square feet of interior space. The suite is positioned near City Hall and the Courthouse, with surrounding access to restaurants and coffee shops. The space is configured for professional use, including client meetings, and is designed as a quiet workspace with facility maintenance not included as a tenant responsibility. The offering is characterized by a flexible

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$263k
Assessed land$73k
Assessed improvement$190k
Effective rate1.86%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKERR

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home6.9
Travel Agency7.3
Assisted Living Facility6.9

Location

228 Washington St Kerrville, TX 78028
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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