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7905 Old San Antonio Rd
Fredericksburg, TX 78624
Retail Property For Sale
PROPERTY FACTS
About 7905 Old San Antonio Rd , Fredericksburg, TX 78624
Description Distillery, Winery, Wedding/Event Center, BNB, Mixed Use Retail. Bankersmith Store: 2,320 SF, 770 SF Decks, 256 SF Covered Patio. In 2013 added 4,704 SF Event Center, 1,228 SF of Decks. 582 feet frontage. No flood plain. Tangible and intangible assets convey. 8 MI to US 290, Texas Wine Trail. 10 MI to Fredericksburg, 14 MI to I-10 at Comfort. Compared to Fredericksburg, area has 300% higher property value trend, 39% higher population growth. 4 Unmet retail gap opportunities exceed $4M annually. Potential owner terms Terms are based on a sale or lease at list price. Minimum terms dependent on qualifications, credit worthiness, personal guarantees, business plan and experience in business proposed. Buyer to pay $2,500 toward legal fees and filing expenses. Selection of legal advisor at Sellers exclusive discretion. OWNER FIRST LOAN 85% of sale price maximum loan 5% APR minimum interest rate 5 year maximum fixed term and then becomes due and payable 30 year maximum amortization OWNER SECOND LOAN 15% of sale price maximum loan 6% APR minimum interest rate 3 year maximum fixed term and then becomes due and payable 10 year maximum amortization Unmet retail opportunities (Retail Gap) Top 4 opportunities to meet unmet LOCAL annual retail demand within a 10 minute drive-time. This is unmet LOCAL and does NOT include travel, tourist, transient or other non local demand. Based on services that are a match with property. For example, we excluded motor vehicle dealer with $2,167,000 unmet local demand. Gillespie Central Appraisal District data Owner: BSBG RANCH LLC Legal: Property ID: 24313 Geographic ID: A0721-0186-000000-00 Legal description: ABS A0721 A H WOOD #186, 1.61 ACRES Improvements: Main Area (Original Store) Year Built Unknown: 2,320 SF Original Store Wood Deck: 770 SF Original Store Rear Covered Patio: 256 SF New Building Completed in 2013: 4,704 SF New Building Wood Deck: 1,228 SF Storage Building: 144 SF Lot size*: 1.61 acres | 70,131.6 SF | 6515.44 m2 | 0.65 hectares *Hectares and m2 estimates by SWPRE Land category: Type: RN2 Definition: Native Pasture 2 2017 taxes: $3,550.30 Tax rate: 1.5534 Exemptions: None PERSONAL ITEMS CONVEYING: Owner: BSBG RANCH LLC Legal: Property ID: 107177 Geographic ID: None Legal description: FE, SUP Description: Details: Detailed list upon request Tangible assets: Includes all tangible items on site at date of contract unless excluded in writing by all Parties to the contract Intangible assets: Includes all related convey Fredericksburg real estate for the greater good SWPRE Philanthropy gifts 10% of SWPRE revenues to any SWPRE Preferred Nonprofit. SWPREs philanthropic focus is disruption in life sciences, bio-tech, bio-pharma, medical education and health care to improve quality of care, community health and reduce costs. SWPRE Philanthropy designates entities in SWPRE target markets demonstrating leadership in these segments as SWPRE Preferred Nonprofits. SWPRE Preferred Nonprofits include: Medical Schools Nonprofit Incubators/Accelerators University Health Science Centers Schools of Public Health List of all SWPRE Preferred Nonprofits. If you want your nonprofit to be designated a SWPRE Preferred Nonprofit, please contact us.
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PROPERTY TAXES
Parcel Number | 24313 | Improvements Assessment | $505,530 |
Land Assessment | $123,300 | Total Assessment | $628,830 |
PROPERTY TAXES
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Listing ID: 11022611
Date on Market: 12/19/2017
Last Updated:
Address: 7905 Old San Antonio Rd, Fredericksburg, TX 78624