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Property profile

606 E Main St Fredericksburg, TX 78624

FOR SALE
Commercial real estate
Property ID
US82-5552809
2.6 ac lot
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Property summary

AI-generated overview

This exceptional 2.6-acre commercial land parcel presents a rare investment opportunity in the heart of historic Fredericksburg, Texas. Located on East Main Street, this property boasts prime visibility and high traffic counts, offering significant potential for a variety of commercial ventures. The C-2 zoning allows for diverse uses, including restaurants, wineries, unique lodging establishments, retail spaces, and more. The expansive lot provides ample space for a single large development or a compound of businesses. A key advantage is the property's frontage on Highway 290, ensuring excellent accessibility and exposure. Further enhancing its appeal is the picturesque Town Creek running along the rear of the property, offering scenic views. The location is unparalleled, with established businesses such as Natural Grocers and McDonald's in close proximity. This is a truly unique opportunity to acquire a substantial commercial land holding in one of Texas' most desirable and thriving towns. No other comparable land opportunities exist within this coveted stretch of Main Street. The property is owned by Patel, Mahesh G Etal and is offered at $2,900,000.

Property profile

Verified
Property type Commercial real estate
Lot 2.6 ac (113,256 SF)
UPID US82-5552809

Cap rate & NOI

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

Location

606 E Main St Fredericksburg, TX 78624
Fredericksburg metro
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Value estimations

Realmo proprietary · 4 methods
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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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