815 & 819 Quitman St.
Government Hills neighborhood and in San Antonio TIF #11
Marketing description
The subject property is a 0.241 acre, or 10,498 square foot, vacant tract of land located along the north side of Quitman Street, between Spofford Avenue and Pierce Avenue, in the Government Hill Historic District neighborhood in the central sector of San Antonio. The site is rectangular in shape with generally level topography and is not located within the 100-year flood plain per FEMA Flood Maps. Furthermore, all public utilities are available to the site. Site improvements are limited to wrought iron perimeter fencing along the street frontage and a combination of chain link and wood privacy fencing along the east, west, and north property lines.
Investment highlights
Uses along Quitman Street in the vicinity of the subject are widely mixed. Recognized uses in the immediate area of the subject include Fort Sam Houston, The Residences at Grayson Heights (under construction), office/retail, etc. The density of uses in the area is relatively high with few vacant parcels available. A drive of the neighborhood reveals that occupancies in the area are relatively high. The area was developed many years ago but has maintained a reasonable level of demand.
The property benefits from its proximity to new commercial and residential developments along in the immediate neighborhood as well as its proximity to development along Broadway Street to the west and the neighborhood’s close association and proximity to the Pearl development. The outlook for the neighborhood is considered positive.
Property located in a San Antonio TIF #11
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