INVESTMENT OPPORTUNITY in Fredericksburg located on the edge of town in the ETJ with very minimal restrictions. This 3.5-acre property presents exceptional development opportunities with three TxDOT-approved entrances and immediate Hwy 16 N frontage, making it a prime candidate for a park-and-ride operation serving Fredericksburg's booming wine tour industry. The property currently includes 66 (10x10) non-climate-controlled storage units, with ample room on the property to add additional units or expand into new development; a 2-bedroom, 2-bathroom residential house currently leased to a long-term tenant; and a commercial storefront currently leased and adaptable for diverse retail or commercial uses, further contributing to the property's strong and versatile income potential. City sewer services are available and there is ample room for expansion on the wooded, mature post oak-studded acreage.