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6550 State Hwy 16
Fredericksburg, TX 78624
MLS# 78064 ID: 58961648
$425,000
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Property Description
Commercial Sale - Fredericksburg, TX Ideal Commercial property conveniently located 6.5 miles south of Fredericksburg on your way to Kerrville. Property has 2 TX DOT approved entrances and ~680 feet of frontage off State Highway 16. Property currently has below market rent to owner and produces ~5% CAP rate after taxes, insurance, and utilities. Reasonable rent adjustments for new owner could produce a CAP rate of +6.3%. New owner could use property for their small business or continue to rent it as a cash flow generation. Great location, diversity of improvements, and adjustable income driving property make this a rare find!!
Property Features
Status
Last Updated October 15, 2019
Market Status Available
Description
Property Type Commercial
Approx. Lot Size 1.39 Acres
Building Features
Heating System Central Furnace
Roof Metal
Central Air
Heating Fuel Electric
Exterior Features
Parking Parking Lot
Dock
Legal/Financial
Taxes 4899
Listing Features
Property Type Commercial; Commercial Sale
Offered By:
Collier Jones
Jones Ranch Realty, LLC
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Fredericksburg Isd Preschool-k Public
Harper Isd Preschool-8 Public
Archdiocese Of San Antonio Preschool-8 Catholic
School District Grades Type
Fredericksburg Isd Preschool-k Public
Harper Isd Preschool-8 Public
Archdiocese Of San Antonio Preschool-8 Catholic
School District Grades Type
K-12 Private
Doss Consolidated Csd K-8 Public
Fredericksburg Isd 1-5 Public
Fredericksburg Isd Preschool-k Public
Harper Isd Preschool-8 Public
K-12 Private
Archdiocese Of San Antonio Preschool-8 Catholic
Fredericksburg Isd K-5 Public
School District Grades Type
K-12 Private
Doss Consolidated Csd K-8 Public
Fredericksburg Isd 6-8 Public
Harper Isd Preschool-8 Public
Harper Isd 6-8 Public
K-12 Private
Archdiocese Of San Antonio Preschool-8 Catholic
School District Grades Type
Fredericksburg Isd 10-12 Public
K-12 Private
Fredericksburg Isd 9-12 Public
Harper Isd 9-12 Public
K-12 Private
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 209 Creek, Fredericksburg, Tx 78624 2 $625,000
2 303 Elk, Fredericksburg, Tx 78624 1 $225,625
3 708 Ettie, Fredericksburg, Tx 78624 1 $436,500
4 807 Ettie, Fredericksburg, Tx 78624 1 $237,500
5 206 Elk, Fredericksburg, Tx 78624 1 $265,313
6 210 Schubert, Fredericksburg, Tx 78624 1 $494,531
7 112 Schubert, Fredericksburg, Tx 78624 1 $760,000
8 413 Schubert, Fredericksburg, Tx 78624 1 $488,125
9 308 Travis, Fredericksburg, Tx 78624 1 $605,438
10 903 Henrietta, Fredericksburg, Tx 78624 1 $315,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 22,592
Population Growth 23%
Population Density 32
Median Age 48.2
Median Income $52,963
Households 9,400
Weather
Jan Low 40.35
Jan High 60.38
July Low 74.64
July High 92.77
Annual Precipitation (in.) 41.98
Weather Risk Index* 45
*Index score (100 = National Average) that represents the total risk
Fredericksburg Demographics
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Fredericksburg Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Central Hill Country Board of Realtors

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