Commercial Land for Sale in Stonewall, Texas
42 And 46 Ranch Rd 1623 Stonewall, TX 78671
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$1,750,000
2.5 acres
Active sale agoEst $11,245/mo
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. 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!
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Sq feet
Property details
- County
- Gillespie County
- Elevation
- 1,463 feet
- MLS Number
- CHCBOR 91112
- Date Posted
Property taxes
- Year not provided
- $20,900
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Stone
- Roof
- Metal
- Cooling
- Central A/C
- Heating
- Central Furnace, Electric
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 2, 2024 | Back on market | $1,750,000 | — | CHCBOR |
June 21, 2024 | Under contract | $1,750,000 | — | CHCBOR |
June 17, 2024 | New listing | $1,750,000 | — | CHCBOR |
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