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W US Highway 90 - 15.41+/- Acre Development Site | San Antonio 15.41 Acres of Commercial Land Offered at $7,497,171 CAD in San Antonio, TX 78252
INVESTMENT HIGHLIGHTS
- The Site is strategically located along WT Montgomery Road and US Highway 90 offering rapid access to the greater San Antonio-New Braunfels Area.
- The SAT4 Amazon fulfillment center is located less than 2.5 miles east and employs approximately 2,500 people.
- The Site is part of a larger 90+/- acre mixed use development which includes 18 commercial/retail pads, a single-family subdivision, and self storage.
- Lackland Airforce Base is located approximately 7 miles east of the Site and serves over 46,500 people.
- There is currently a Utility Service Agreement in place which would allow for up to 400 units of multifamily to be developed per ownership.
EXECUTIVE SUMMARY
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers or users the opportunity to purchase a 15.41+/- acre multifamily development Site located at the southeast quadrant of WT Montgomery Road and Highway 90 in San Antonio, TX (the “Site”). The Site is part of a larger mixed-use development which will consist of single-family homes, retail, and a self storage facility.
The Site is accessible via WT Montgomery Road and US Highway 90 which is close to major employers including Amazon, Lackland Air Force Base, and Toyota. The Site has a Utility Service Agreement in place that currently allows for up to 400 units of multifamily to be developed. This Site is located outside the San Antonio city limits and per ownership, a variety of uses including commercial could also be developed.
This exceptionally well-located Site is a great opportunity to acquire a multifamily tract within a mixed-use development at an attractive price of $8.00 per square foot ($13,427 per unit). Ownership may also consider expanding the offering up to 24.23+/- acres if needed.
A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
The Site is accessible via WT Montgomery Road and US Highway 90 which is close to major employers including Amazon, Lackland Air Force Base, and Toyota. The Site has a Utility Service Agreement in place that currently allows for up to 400 units of multifamily to be developed. This Site is located outside the San Antonio city limits and per ownership, a variety of uses including commercial could also be developed.
This exceptionally well-located Site is a great opportunity to acquire a multifamily tract within a mixed-use development at an attractive price of $8.00 per square foot ($13,427 per unit). Ownership may also consider expanding the offering up to 24.23+/- acres if needed.
A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $7,497,171 CAD | Lot Size | 15.41 AC |
| Price Per AC | $486,513.37 CAD |
| Price | $7,497,171 CAD |
| Price Per AC | $486,513.37 CAD |
| Lot Size | 15.41 AC |
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CONTACTS
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Jordan Cortez -
Mason John -
Reid Pierce -
Haley Birmingham -
Will Droese -
Alex Johnson -
Justin Tidwell -
Tim Marron -
Vanguard Real Estate Advisors
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W US Highway 90 - 15.41+/- Acre Development Site | San Antonio
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