1709 N Llano St, Fredericksburg, TX 78624
sale
$1,599,000
|
Other
Courtesy Of Keller Willis San Antonio Inc
Prime Investment Opportunity - Highway 16 North Frontage, 3.55 Acres Positioned on Fredericksburg's growth corridor along Highway 16 North, this 3.55-acre property delivers a rare combination for investors: immediate highway frontage, three TxDOT-approved entrances, and diversified income from day one, all within the flexibility of the ETJ's minimal restrictions. The property currently generates revenue from three distinct sources - 66 non-climate-controlled 10x10 storage units, a 2-bedroom, 2-bathroom residential home with a long-term tenant in place, and a leased commercial storefront suited to a range of retail or business uses. Beyond current income, the site offers meaningful upside. The wooded, mature post oak acreage leaves room to expand the storage operation, pursue new commercial development, or explore alternative highest-and-best-use strategies as Fredericksburg's wine and tourism corridor continues to grow. The highway frontage and multiple approved entrances also make this a strong candidate for higher-traffic uses, including a potential park-and-ride serving the area's expanding visitor base. For an investor seeking an established multi-income asset with room to grow in one of the most sought-after growth corridors in the Texas Hill Country.
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Property Features
- Building Units: 66
- MLSID: 104674
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