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12995 N Interstate 35 - I35 FRONTAGE IKEA AREA 4.21 Acres of Commercial Land Offered at $4,593,000 in Live Oak, TX 78233
Investment Highlights
- B-3 General Business zoning allowing medical office, office, retail, and restaurant uses
- Electricity and water on-site, supporting development readiness
- Frontage and visibility along Interstate 35 near the IH-35 / Loop 1604 interchange
- Existing 3,444 SF building offering flexibility for occupancy or redevelopment
Executive Summary
12995 N Interstate 35 is a highly visible commercial site positioned along one of the most heavily traveled corridors in Northeast San Antonio. Zoned B-3 (General Business), the property offers exceptional flexibility for a wide range of uses, including medical office, professional office, retail, or restaurant development.
The site features direct frontage on Interstate 35 with immediate access to Loop 1604, placing it within a dominant regional retail corridor anchored by IKEA, as well as nearby destinations including Target, Best Buy, Academy Sports + Outdoors, H-E-B, Lowe’s, and Costco at Live Oak Town Center and The Forum at Olympia Parkway. This dense concentration of national retailers and dining options provides strong traffic generation, visibility, and long-term demand drivers.
Utilities including electricity and water are on-site, supporting near-term development or repositioning. An existing 3,444 SF building provides immediate functionality with long-term redevelopment potential, making this an attractive opportunity for both owner-users and investors seeking exposure, access, and zoning versatility within a proven trade area.
The site features direct frontage on Interstate 35 with immediate access to Loop 1604, placing it within a dominant regional retail corridor anchored by IKEA, as well as nearby destinations including Target, Best Buy, Academy Sports + Outdoors, H-E-B, Lowe’s, and Costco at Live Oak Town Center and The Forum at Olympia Parkway. This dense concentration of national retailers and dining options provides strong traffic generation, visibility, and long-term demand drivers.
Utilities including electricity and water are on-site, supporting near-term development or repositioning. An existing 3,444 SF building provides immediate functionality with long-term redevelopment potential, making this an attractive opportunity for both owner-users and investors seeking exposure, access, and zoning versatility within a proven trade area.
Property Facts
| Price | $4,593,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.21 AC |
| Property Type | Land | ||
| Zoning | B-3 | ||
| Price | $4,593,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.21 AC |
| Zoning | B-3 |
1 Lot Available
Lot
| Price | $4,593,000 | Lot Size | 4.21 AC |
| Price Per AC | $1,090,973.87 |
| Price | $4,593,000 |
| Price Per AC | $1,090,973.87 |
| Lot Size | 4.21 AC |
Highly visible B-3 zoned site with I-35 frontage and immediate Loop 1604 access. Surrounded by major retailers, including IKEA, Target, Costco, and H-E-B. Utilities on-site with existing 3,444 SF building and strong redevelopment potential.
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Property Taxes
| Parcel Number | 05048-000-0124 | Improvements Assessment | $100 |
| Land Assessment | $2,599,900 | Total Assessment | $2,600,000 |
Property Taxes
Parcel Number
05048-000-0124
Land Assessment
$2,599,900
Improvements Assessment
$100
Total Assessment
$2,600,000
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12995 N Interstate 35 - I35 FRONTAGE IKEA AREA
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