Prime 4-Acre Development Parcel Near Downtown San Antonio - Exceptional Investment Opportunity! This prime piece of real estate offers tremendous potential for both residential and multifamily development, making it an ideal investment for developers looking to capitalize on one of San Antonio's fastest-growing areas. The Property Highlights an Unbeatable Location with easy access to downtown San Antonio, The Pearl District, and the world-renowned River Walk, with a wealth of cultural, dining, and entertainment options just minutes away. Strategically located near major highways and public transportation routes, ensuring seamless access to key locations throughout the city. All essential studies have been finalized, allowing for a smooth and efficient development process. The property can be subdivided into up to 30 residential lots, catering to the high demand for single-family housing in the area. Eligible for rezoning to MF-33, which allows for the construction of up to 135 multifamily units. This aligns perfectly with the growing need for rental properties in San Antonio's expanding urban core. With San Antonio's rapidly growing population, demand for new single-family homes is robust. This property presents an ideal opportunity to create a vibrant residential community or Building 135 multifamily units offers a significant return on investment through ongoing rental income. San Antonio's real estate market is on an upward trajectory, making this a promising opportunity for long-term appreciation and strong returns. Don't miss out on this opportunity!
Listing Details
Price
$988,000
Property Type
Lots and Land
Listing #
1827119
Status
Active
County
Bexar
Listing Type
For Sale
Exterior Features
Lot Size
4.01 acres
Courtesy of Jessica Soria, LPT Realty, LLC210-992-4669
Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 12/21/2024 8:52 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.