600 Fm 3237, Wimberley, TX 78676
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.