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For Sale

$3,147,000

512 Friendship Lane
Fredericksburg, TX 78624

This premium 6.569 acre tract is located at the hard corner of Hwy 87 and Friendship Lane in the city limits of Fredericksburg. Approximately 300' of frontage on 87 and 600' fronting Friendship Lane. Currently the largest C-2 tract available in the city limits. C-2 zoning is suitable for a wide range of commercial or multi-family uses, presently with 60 permitted uses, and an additional 8 by conditional use permit. City water and 8" sewer line in Friendship Lane, and CTEC electricity is on the property. High traffic counts make this the ideal location for virtually any commercial venture. Read More

Market Status
Sale Pending
Last Updated
September 21, 2021

Property Type
Commercial Property
Taxes
9857.03
Property Type
Commercial; Commercial Sale

Local Market Conditions

There are currently 196 properties for sale in the Fredericksburg, TX area with the average listing price of $1,011,861. This represents an increase of +3.1% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +7.2% increase. To learn more about the Fredericksburg, TX area, contact a local expert!

Market Snapshot for Fredericksburg, TX

Avg. Listing Price

$1,011,861

Wk ending Sep 4

$+30,287

+3.1%

w-o-w

196

1416

540

96

24

12

Average Listing Price for Fredericksburg, TX
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $1,011,861 +3.1% $981,574 $989,161 $999,820
1 bedroom1 BR $565,800 -23.8% $742,334 $561,000 $819,667
2 bedrooms2 BR $816,553 +7.2% $761,977 $756,861 $803,693
3 bedrooms3 BR $898,997 +1.1% $889,610 $888,706 $870,021
4 bedrooms4 BR $1,288,829 +1.2% $1,273,829 $1,327,410 $1,376,513

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Listing Provided By:

Jim Warren

Texas Land and Luxury, LLC

Phone
This $3,147,000 Commercial Property at 512 Friendship Lane in Fredericksburg, TX is presented by Jim Warren. This $3,147,000 Commercial Property, located in the 78624 zip code, has the following property features: Taxes, Property Type. This 512 Friendship Lane Commercial Property is listed under MLS listing number 80584 and has a listing price of $3,147,000. You can find more Fredericksburg homes for sale here.

Data Provided by Central Hill Country Board of Realtors

More Information for this listing