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20623 Stone Oak Parkway - 17.26+/- Acre Multifamily Development Site 17.26 Acres of Residential Land Offered at $16,387,560 CAD in San Antonio, TX 78258
Investment Highlights
- The 17.26+/- acre Site is strategically located along Stone Oak Parkway, less than a mile west of U.S. Route 281 and three miles north of Loop 1604
- 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.
- The Site has proximity to major employers including the JP Morgan Chase San Antonio Corporate Center, which employs over 1,900.
- The property is zoned MF-25, MLOD, ERZD, which permits the development of up to 25 units per acre.
- Within a three-mile radius of the Site, the median household income averages $111,154, according to Esri.
Property Facts
| Price | $16,387,560 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.26 AC |
| Property Type | Land | ||
| Zoning | MF-25 MLOD ERZD - Zoned for multifamily. | ||
| Price | $16,387,560 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 17.26 AC |
| Zoning | MF-25 MLOD ERZD - Zoned for multifamily. |
1 Lot Available
Lot
| Price | $16,387,560 CAD | Lot Size | 17.26 AC |
| Price Per AC | $949,453.09 CAD |
| Price | $16,387,560 CAD |
| Price Per AC | $949,453.09 CAD |
| Lot Size | 17.26 AC |
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. 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.
Contacts
-
Jordan Cortez -
Will Droese -
Mason John -
Haley Birmingham -
Reid Pierce -
Alex Johnson -
Justin Tidwell -
Vanguard Real Estate Advisors
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20623 Stone Oak Parkway - 17.26+/- Acre Multifamily Development Site
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