Technical
Financial
Distress signals
Property profile

3044 Junction Hwy Ingram, TX 78025

FOR SALE
Commercial real estate
Property ID
US83-2595113
4,790 SF 0.46 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4-acre commercial property at 3044 Junction Hwy in Ingram, TX, presents a unique investment opportunity. Boasting 5,694 square feet of space, the property includes a 4,790 square foot metal building with a bonus loft featuring two offices and a large balcony. Two ADA-compliant restrooms and a commercial kitchen are also included. The building sits on a level lot with significant road frontage: approximately 450 feet on Junction Highway/State Highway 27 and 775 feet on Goat Creek Cutoff. This prime location offers unparalleled visibility and accessibility. The property's rich history as Neighbors Bar & Steak House adds to its character and potential. Its versatile layout and ample space make it suitable for a wide range of commercial uses, including restaurants, retail establishments, churches, equipment or rental supply businesses, banquet halls, event centers, wedding venues, grocery stores, or even a return to its honky-tonk roots. The property has been off the market for 22 years, making this a rare chance to acquire a substantial piece of Ingram's commercial landscape. A 24-hour showing notice is required, and legal representation must accompany all showings. Please refrain from contacting current tenants.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 4,790 SF
Lot 0.46 ac (20,038 SF)
APN 38409
UPID US83-2595113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3044 Junction Hwy Ingram, TX 78025
Ingram metro Census 960304 KERRVILLE, TX MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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