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20003230
20003231

1206 E César E. Chávez Blvd, San Antonio, TX 78210

LO
TX 670935
Lockwood Realty Group
Listed by Lockwood Realty Group
Unpriced
630 days on market
Updated 48 days ago

SW block at Cesar Chavez & Cherry St Infill Development

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 3.530
Zoning IDZ-3

Attractive piece of assemblage, with ideal redevelopment zoning IDZ-3. 350 Units Mixed Use

Marketing description

3.53 Acres (153,636 SF) of well entitled land (“IDZ-3” ~ High Intensity Infill Development Zone). Located just south of the Alamo Dome across Cesar Chavez comprising nearly an entire city block. This site is ripe for development and has received preliminary approval for 350 MF Units and a mix of Commercial use as well. The site is comprised of two, non-contiguous tracts of land, divided by Iowa Street and is irregular in shape with generally level topography. The property is not located in a designated flood plain.

Attractive piece of assemblage, with ideal redevelopment zoning IDZ-3. Preliminarily approved for 350 MF units and around 7,000 SF of commercial space. Selling below appraised value by both third parties and the county of similarly entitled dirt by a healthy margin.

San Antonio secured funding (2.96M DOT, 740k City) to study ways to reduce the barrier created by I-37 between downtown and the East Side in September 2024, that study is expected to take 12 months at which time they will be looking to execute that plan. These efforts combined with tremendous momentum that key city players have generated around their proposed Sports and Entertainment Complex adjoining the Hemisfair Park and Alamodome areas that lands at the doorstep of this property. Should generate excitement about the possibilities of this infill development site.

Situated in the heart of the city of San Antonio, this area offers a rich tapestry of culture, with renowned attractions just moments away. Explore the nearby César E. Chávez Boulevard, offering a variety of dining, shopping, and entertainment venues. Immerse yourself in the local charm at the historic Market Square or experience the iconic River Walk just a short distance from the property. With its blend of modern amenities and cultural heritage.

Investment highlights

  • IDZ-3 Zoning with preliminary approval for 350 Units Mixed Use

  • Strategic location in San Antonio

  • Property appraised for $6.55M in January of 2022

  • Located just South of the proposed Sports and Entertainment District

  • Ideal for modern mixed-use projects

  • Prime positioning for future growth

Listing Contacts

LO
TX 670935
Lockwood Realty Group
Listed by Lockwood Realty Group

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