17.26+/- Acre Multifamily Development Site | San Antonio, TX
Land | 17.26 acres
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 17.26+/- acre zoned multifamily development Site located along Stone Oak Parkway in San Antonio, TX. The Site is accessible via Stone Oak Parkway, less than a mile west of U.S. Route 281 and approximately 3-miles north of Loop 1604. The Seller has a conceptual layout reflecting 420 units. The Site is close to major retailers such as H-E-B, and major employers such as JP Morgan Chase. This exceptionally well-located Site is a great opportunity to acquire a property where development quickly can commence at an attractive price of only $28,571 per developable unit.
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Due Diligence Vault |17.26+/- Acre Multifamily Development Site | San Antonio, TX
A 1% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third-party broker must formally register their client upon initial contact with VREA.
Investment highlights
Strategic Location
The 17.26+/- acre Site is strategically located along Stone Oak Parkway, less than a mile west of U.S. Route 281 and just three miles north of Loop 1604.
The Site has proximity to major employers including the JP Morgan Chase San Antonio Corporate Center, which employs over 1,900.
The Site falls within the highly acclaimed North East Independent School District (NEISD), which boasts an A-ranking on Niche.com.
Zoning
The property is zoned MF-25, MLOD, ERZD, which permits the development of up to 25 units per acre.
Purchasers are advised to perform their own due diligence regarding zoning regulations and potential unit counts.
Population and Demographics
San Antonio’s population reached 2,703,999 by the end of 2023, a 5.27% increase from 2020, as reported by the U.S. Census Bureau.
Within a three-mile radius of the Site, the median household income averages $111,154, according to Esri.
As one of the fastest-growing cities in the United States, San Antonio benefits from a culturally rich and economically diverse population, supporting sustained investment and continual demand.
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