$840,000
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7,000 SqFt
SOLD DATE : 05/12/2021
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $117
Subdivision Mcdaniel Sub
MLS Listing ID 402938
Sold Date 05/12/21
HOA Y/N No
Year Built 2002
Lot Size 1.320 Acres
Acres 1.32
Property Description
Rare opportunity in Fredericksburg City Limits. 5,804 HVAC warehouse and 1,196 SF office. Improvements in very good condition. Grade level 20 foot wide semi loading dock. 18 foot roll up door. Zoned M-2. Current food production operation. 1.32 acre level lot. 4,592 Average Daily Two-Way Traffic Count. City Airport and County Fair Grounds in same block. Minutes to Hospital, Schools and Downtown Fredericksburg. Not in flood zone. Only one red light and 20 MI to I-10. Equipment separately for sale.
Investment Profile: M-2 Zoning identifies 20 approved uses. M-2 Zoning allows 85% impervious cover so potential for about 40,000 SF of additional improvements. M-2 Zoning allows minimum 10,000 SF lots with 100 foot frontage. Sample sight plan identifies potential to replat with 4 tracts and reselling 3 to reduce capital cost.
Location
State TX
County Gillespie
Zoning M-2
Interior
Heating Multiple Heating Units
Cooling Central Air, 3+ Units
Flooring Carpet, Concrete
Fireplace No
Exterior
Exterior Feature Lighting, Propane Tank - Leased
Garage Parking Space(s)
Utilities Available Electricity Available, Propane, Phone Available, Trash Collection Public
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Metal
Accessibility None
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Fredericksburg Isd
Others
Tax ID 83832
Security Features Security Lights
Financing Cash
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Bought with NON-MEMBER AGENT • Non Member Office