Stonewall, TX 78671,42 AND 46 Ranch Road 1623
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Stonewall, TX 78671,42 AND 46 Ranch Road 1623
Stonewall, TX 78671,42 AND 46 Ranch Road 1623
Stonewall, TX 78671,42 AND 46 Ranch Road 1623
Stonewall, TX 78671,42 AND 46 Ranch Road 1623

$1,750,000

Est. payment /mo
Est.Price: ?

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42 AND 46 Ranch Road 1623 Stonewall, TX 78671

8,000 SqFt

SOLD DATE : 12/06/2024

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Sold

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $275

MLS Listing ID 1805562

Sold Date 12/06/24

Construction Status Wood,Stone,Metal

Year Built 1992

Annual Tax Amount $20,903

Property Sub-Type Commercial Improved Prop

Property Description

9% CAP RATE ON THE TEXAS WINE TRAIL! Invest in a premium commercial property located on the Texas 290 Wine Trail, boasting a 9% cap rate and over 8,000 sq ft of building space on 2.5 acres. The sale includes land, buildings, a leased food truck, and three NNN tenant leases in place. This high-traffic corner location offers exceptional visibility and draws a significant local and tourist crowd. Recently renovated (2022-2023) with a new commercial septic system, this property ensures modern standards and reliability. Tenants, all geared towards the restaurant and tourist industry, are securely in place, making this a solid investment with a 9% cap rate. Seize this self-sufficient investment opportunity today! Additional units and property are available to purchase to include an additional vacant pad site for future build/expansion as well as another rented structure with a warehouse and office/apartment. Additional site would be per

Location

State TX

County Gillespie

Area 3100

Zoning NONE

Direction S

Exterior

Garage Spaces 55.0

Utilities Available Electricity, Water, Septic

Roof Type Metal

Building

Foundation Slab

Construction Status Wood,Stone,Metal

Schools

School District Fredericksburg

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Melissa Staudt • Kuper Sotheby's Int'l Realty • (830) 992-8207
agent

Andrew Corder

Agent | License ID: 0746652

+1(830) 452-1300

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