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220 TX-173 8.26 Acres of Commercial Land Offered at $1,500,000 in Bandera, TX 78003

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INVESTMENT HIGHLIGHTS

  • Bandera City Limits Commercial Land
  • Excellent Visibility
  • High Traffic Counts along State Highway 173
  • City Sewer & Water to Site
  • Walking Distance to Downtown Bandera

EXECUTIVE SUMMARY

Spectacular City Lot with City Water & Sewer and unobstructed views of the Medina River area. Shared ingress/egress with Tractor Supply in-place and alternate ingress/egress off of paved Old Hondo Highway. With very little available in the City of Bandera, this development tract is highly suitable for National Credit Tenant/Developer seeking a location within the City Limits and one that enjoys excellent visibility from State Highway 173.
Site offers a level building area of approximately 4-acres out of the 100-year and 500-year floodplain. Sloping area leads down to the edge of the Medina River and the City of Bandera recreational park. With high traffic counts along State Highway 173 and within walking distance of downtown Bandera, this site offers a developer an excellent opportunity to capitalize on the draw that Bandera has as a bedroom community to San Antonio, Boerne and Helotes.
Owner has developed a preliminary site plan that would incorporate an Auto-Parts (or similar) along with Fast-food, Lube Center, etc. This site plan extends an existing ingress/egress to that of a newly created 45-foot enhanced shared roadway with excellent visibility. This property and the proposed sites represent the only viable visible commercial tracts in the Bandera area. Talks have begun with National Credit Tenants and Franchise participants. The unique nature/location/utility availability makes this property a highly desirable development property.

PROPERTY FACTS

Price $1,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Bowling Alley
  • Carwash
  • Community Center
  • Department Store
  • Distribution
  • Fast Food
  • Garden Center
  • General Freestanding
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Lodge or Meeting Hall
  • Lumberyard
  • Medical
  • Motel
  • Movie Theater
  • Outlet Center
  • Refrigeration or Cold Storage
  • Rehabilitation Center
  • Restaurant
  • Retail Warehouse
  • Specialty, Festival or Entertainment
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 8.26 AC
Zoning B-3 - General Business District

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $181,598.06
Lot Size 8.26 AC

Superior Development Lot with sloping terrain and large building envelope, perfect for Multi-Family, Mixed-Use, Hotel, Retail, Fast Food or other commercial. Seller has designated a possible partition plan.

DESCRIPTION

Tractor Supply Surplus Land with excellent building envelope, City of Bandera Water & Sewer and superior views of the Medina River. The site offers level and sloping terrain and enjoys a shared access with Tractor Supply from State Highway 173. Additional paved frontage to the site is located along Old Hondo Highway and the site itself is within walking distance to downtown Bandera. The possibilities for this site are endless and offer a Developer/Investor/Owner with many options for ingress/egress, site layout and parking. Coupled with assisted traffic from Tractor Supply, the location is perfect for Hospitality, Multi-Family, Retail or other Commercial businesses/trades.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
191121
Land Assessment
$92,970
Improvements Assessment
$0
Total Assessment
$92,970
  • Listing ID: 24182402

  • Date on Market: 9/28/2021

  • Last Updated:

  • Address: 220 TX-173, Bandera, TX 78003

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