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22231668
22231669

19780 FM 2252, Garden Ridge, TX 78266

JS
TX TX 0531005
Marcus & Millichap - San Antonio
Listed by Marcus & Millichap - San Antonio
$2,580,000
450 days on market
Updated 15 days ago

Development Opportunity in Garden Ridge, TX

Details
APN 16972
Property Type Land
Sub Type Commercial
Acreage 15.210
Zoning B1 & B2
Ownership Fee simple

Land | 15.21 acres | Seller Financing

Marketing description

Marcus & Millichap is pleased to offer for sale the development tract located at 19780 FM 2252 in Garden Ridge, Texas, with seller financing available for qualified buyers. This property spans 15.21 acres and is zoned for both B1 and B2 uses, making it well-positioned in one of the region’s most supply-constrained commercial markets. It is located just off FM 3009, which handles over 21,000 vehicles per day, and 1.5 miles from Interstate 35, a major transportation route with more than 180,000 vehicles per day. The property has easy access to utilities, with a 12-inch water line available on FM 2252 and a sewer line located approximately 700 feet away. Potential uses for the site include a flex office park, sports complex, or industrial development, although this would require rezoning. Build-to-rent single family could also be a possibility, but that would also require rezoning. Seller financing could be available for qualified buyers.

Garden Ridge is a small yet affluent suburban city in Comal County, approximately 20 miles northeast of downtown San Antonio. It is one of the most desirable communities in the San Antonio metropolitan area due to its strong economic base. The city is within commuting distance of major employers, including Randolph Air Force Base, which supports thousands of military and civilian jobs, contributing to the area’s economic stability. Additionally, nearby cities like New Braunfels and Schertz have experienced rapid business growth, particularly in the healthcare, logistics, and retail sectors. Market conditions in Garden Ridge are highly favorable for new commercial development, driven by extremely low vacancy rates. Currently, there is no vacancy for industrial or flex properties within the city, indicating a lack of available space for businesses. Office properties have a vacancy rate of only 0.7 %. In the broader five-mile radius, vacancy rates remain low at 8% for industrial, 3% for flex, and 2% for office space. This unmet demand underscores the need for additional commercial development to support business growth and economic expansion. Contact Broker for more details & pricing

Investment highlights

  • Seller Financing Available for Qualified Groups

  • A 15.21-Acre Development Tract Zoned B1 and B2, Offering Flexibility for Various Commercial Projects

  • Highest and Best Use is for Flex Office Park, Sports Complex, or Industrial

  • Strategically Positioned in a Supply-Constrained Market with No Current Vacancy for Industrial or Flex Properties

  • Located 1.5 Miles from Interstate 35 with Over 180,000 VPD and Adjacent to FM 3009 with Over 21,000 VPD

  • Utility Access Available with a 12-Inch Water Line on FM 2252 and a Sewer Line Approximately 700 Feet from the Site

Listing Contacts

JS
TX TX 0531005
Marcus & Millichap - San Antonio
Listed by Marcus & Millichap - San Antonio

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Additional Information

Name
James Stewart CCIM, CPM
License
TX 0531005
Title
Texas
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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