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246 W Josephine St
San Antonio, TX 78212
Land For Sale · 5.76 AC

Investment Highlights

  • Premier Infill Development Opportunity
  • Generational Scale and Visibility
  • Strong Demographics & Growth
  • Fully Entitled for Mixed-Use Development
  • Incoming Capital and Development

Executive Summary

Rockspring is pleased to present Josephine x Grayson, a ±5.76-acre mixed-use development opportunity located adjacent to the highly sought after Pearl District of San Antonio, Texas. This strategically assembled site spans multiple parcels and is fully entitled for high-density multifamily and retail development, offering a rare opportunity to deliver a large-scale project in the city’s most dynamic urban corridor.
Site is ideally positioned within walking distance to The Pearl, The Strip, the San Antonio Riverwalk, and Tobin Hill Neighborhood, placing future residents and tenants at the center of a vibrant live-work-play environment. The surrounding area is known for its strong demographics, walkability, and concentration of dining, entertainment, and cultural amenities.
Convenient access to U.S. HWY 281, I 35, and downtown San Antonio, providing connectivity to major employment centers and regional destinations. This is a unique opportunity to develop a premier mixed-use project in the city’s most desirable and rapidly growing urban submarkets.
Investment Highlights:
*Premier Infill Development Opportunity: ±5.76-acre assemblage within a 4-minute walk of San Antonio’s highly sought-after Pearl submarket and the Riverwalk, driving strong residential and retail demand.
* Fully Entitled for Mixed-Use Development: Largescale, shovel-ready site with prominent frontage along N. St. Mary’s, Josephine, and Grayson Streets, offering excellent visibility and proximity to key urban corridors. The property is fully demolished, surveyed, and zoned, with all testing and engineering completed for a streamlined development process.
*Generational Scale & Visibility: Multiple access points and onsite parking enhance ease of entry for tenants and visitors.
* Incoming Capital and Development: Over $1 billion in transformative development is underway in downtown San Antonio, including the new San Antonio Spurs arena, a new baseball stadium, 25+ acres of mixed use development, an event venue, and the completed Tower Park, all located just minutes from Josephine Grayson.
*Strong Demographics & Growth: Located in a high-income, high-growth submarket with increasing demand for urban infill development.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 5.76 AC

1 Lot Available

Lot

Lot Size 5.76 AC

±5.76-acre mixed-use development opportunity located adjacent to the highly sought after Pearl District of San Antonio, Texas

Description

±5.76 acres available for mixed-use development in a strategic location adjacent to San Antonio’s highly desirable Pearl District. The property offers convenient access to U.S. Highway 281, Interstate 35, and downtown San Antonio, providing direct connectivity to key employment hubs, entertainment destinations, and regional transportation corridors.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03027-002-0140
  • 03027-002-0131
  • 03028-001-0301
  • 03027-002-0220
  • 00002-000-0093
  • 03027-002-0141
  • 03027-002-0110
  • 03027-002-0170
  • 03027-002-0190
  • 03027-002-0100
  • 03027-002-0120
  • 03027-002-0020
  • 03027-002-0051
  • 00002-000-0083
  • 03027-002-0090
  • 03027-002-0071
Land Assessment
$13,579,125
Improvements Assessment
$316,395
Total Assessment
$13,867,708
  • Listing ID: 41963011

  • Date on Market: 9/1/2026

  • Last Updated:

  • Address: 246 W Josephine St, San Antonio, TX 78212

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