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11696 State Highway 16 S - Palace Way Development Land 28 Acres of Commercial Land Offered at $3,800,000 in San Antonio, TX 78224
Executive Summary
28+ Acre Light Industrial Development Site – Shovel-Ready
PRIME COMMERCIAL OPPORTUNITY with Approved Plat
This shovel-ready, 28+ acre development site is fully zoned for Light Industrial use and features an approved plat.
Located on a high-traffic Highway 16 South access road, the property sits directly in the path of progress surrounded by rapid industrial growth.
APPROVED INDUSTRIAL SUBDIVISION LAYOUT:
15 One-Acre Lots: Ideal for individual industrial flex spaces or warehouses.1 Two-Acre Lot: Perfect for a larger anchor facility or commercial storefront.
3.5-Acre Detention Area: Pre-planned engineered stormwater management zone.
SITE DETAILS & INFRASTRUCTURE: Utilities available to the site.
WASTE MANAGEMENT: Approved for individual septic tank systems.
CLEAN SLATE: All previous structures, stalls, ponds, and sulfur water wells shown on older surveys have been completely removed and cleared.
DEVELOPMENT POTENTIAL:The high-visibility highway frontage makes this an excellent location for a mixed-use commercial development, such as a retail strip center facing Highway 16 with an industrial park situated behind it. The layout and zoning also offer an exceptional opportunity for a self-storage facility.
CONTACT INFORMATION:For full details, site plans, or to discuss development options, contact Jim at 210-413-7230.
PROPERTY IS IN A OPPORTUNITY ZONE.
PRIME COMMERCIAL OPPORTUNITY with Approved Plat
This shovel-ready, 28+ acre development site is fully zoned for Light Industrial use and features an approved plat.
Located on a high-traffic Highway 16 South access road, the property sits directly in the path of progress surrounded by rapid industrial growth.
APPROVED INDUSTRIAL SUBDIVISION LAYOUT:
15 One-Acre Lots: Ideal for individual industrial flex spaces or warehouses.1 Two-Acre Lot: Perfect for a larger anchor facility or commercial storefront.
3.5-Acre Detention Area: Pre-planned engineered stormwater management zone.
SITE DETAILS & INFRASTRUCTURE: Utilities available to the site.
WASTE MANAGEMENT: Approved for individual septic tank systems.
CLEAN SLATE: All previous structures, stalls, ponds, and sulfur water wells shown on older surveys have been completely removed and cleared.
DEVELOPMENT POTENTIAL:The high-visibility highway frontage makes this an excellent location for a mixed-use commercial development, such as a retail strip center facing Highway 16 with an industrial park situated behind it. The layout and zoning also offer an exceptional opportunity for a self-storage facility.
CONTACT INFORMATION:For full details, site plans, or to discuss development options, contact Jim at 210-413-7230.
PROPERTY IS IN A OPPORTUNITY ZONE.
Property Facts
| Price | $3,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Industrial Park |
| No. Lots | 1 | Total Lot Size | 28.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MI-1 - MI-1 Mixed use Light Industrial | ||
| Price | $3,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial Park |
| Total Lot Size | 28.00 AC |
| Opportunity Zone |
Yes |
| Zoning | MI-1 - MI-1 Mixed use Light Industrial |
1 Lot Available
Lot
| Price | $3,800,000 | Lot Size | 28.00 AC |
| Price Per AC | $135,714.29 |
| Price | $3,800,000 |
| Price Per AC | $135,714.29 |
| Lot Size | 28.00 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 04005-000-0105 | Improvements Assessment | $0 |
| Land Assessment | $1,024,700 | Total Assessment | $1,024,700 |
Property Taxes
Parcel Number
04005-000-0105
Land Assessment
$1,024,700
Improvements Assessment
$0
Total Assessment
$1,024,700
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Palace Way Management LLC
11696 State Highway 16 S - Palace Way Development Land
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