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1349 Essex st 1.49 Acres of Residential Land in San Antonio, TX 78210
INVESTMENT HIGHLIGHTS
- Seller Financing Available
- Shovel Ready
EXECUTIVE SUMMARY
Shovel-ready 30-unit development site in the Denver Heights neighborhood. The owner is open to flexible financing options. Approved plans call for a mix of multi-story, townhome-style residences offering two bedroom 2 bath and three bedroom 2.5 bath floor plans with the larger units offering a garage.
Market Highlights
Rental Market: Average rents in this trade area are approximately $900 per month (CoStar). The submarket has not seen new product
in the recent past which would make this prime for new development.(CoStar).
While this location is outside of the proposed plans of Project Marvel, it is within 2.5 miles from both the Alamo Dome and Frost Bank
Center which will increase demand for the market as these two project move forward. For-Sale Townhome Market: Over the past 24 months and current
inventory has an average price point in the mid $300,000 (LERA MLS).
Market Highlights
Rental Market: Average rents in this trade area are approximately $900 per month (CoStar). The submarket has not seen new product
in the recent past which would make this prime for new development.(CoStar).
While this location is outside of the proposed plans of Project Marvel, it is within 2.5 miles from both the Alamo Dome and Frost Bank
Center which will increase demand for the market as these two project move forward. For-Sale Townhome Market: Over the past 24 months and current
inventory has an average price point in the mid $300,000 (LERA MLS).
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 1.49 AC |
| Lot Size | 1.49 AC |
DESCRIPTION
This site gives a developer the option to bring in new product to a market who may find quick changes to the market as future development unfolds in this side of the city. This site would be a first mover in what could be one of the more impactful redevelopment periods of the City.
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PROPERTY TAXES
| Parcel Number | 02955-003-0131 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,134,851 CAD | Total Assessment | $1,134,851 CAD |
PROPERTY TAXES
Parcel Number
02955-003-0131
Land Assessment
$1,134,851 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,134,851 CAD
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1349 Essex st
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