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    Property profile & analytics
    FOR SALE
    Commercial real estate

    600 Fm 3237, Wimberley, TX 78676

    6,111 SF 2.32 ac lot Built 1998
    Entity Owned 15-yr Hold Free & Clear
    Property ID
    US83-1741468
    Property summary
    AI-generated overview

    This exceptional investment property in the heart of Wimberley, Texas, presents a rare opportunity to acquire a thriving commercial complex. The property boasts two buildings totaling over 8,800 square feet, strategically situated on a 2.32-acre lot with excellent visibility off FM 3237, a major thoroughfare. One building is a fully leased and operational design/showroom, providing a stable income stream. The second building offers a versatile mix of commercial and residential space. The upper floor features two fully leased apartment units, generating additional rental income. The ground floor comprises two retail spaces, one currently available for lease, presenting potential for increased revenue. The property is zoned SC, a designation designed to maintain the aesthetic appeal of Wimberley's main roadways while permitting a variety of uses, including single-family residential, commercial, and community service businesses. This zoning ensures long-term viability and potential for future development. The property's prime location in the desirable Texas Hill Country, combined with its diverse income streams and flexible zoning, makes it an attractive investment for discerning buyers seeking strong returns and future growth potential. The asking price is $2,200,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1998
    Total area 6,111 SF
    Lot 2.32 ac (101,059 SF)
    APN R15757
    UPID US83-1741468
    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
    by Request
    Comparable Approach Comparable
    $721k
    Blend (final) Blend
    $770k
    Owner & transaction history
    Lauterwest LLC · 15 yrs held
    Lauterwest LLC
    since 2011
    3 recorded transactions
    2011
    2005
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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