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N Loop 1604 E 48 Acres of Commercial Land Offered at $12,000,000 in San Antonio, TX 78247

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PROPERTY FACTS

Price $12,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Apartment Units
  • Retail Warehouse
  • Strip Center
  • Warehouse
Total Lot Size 48.00 AC
Zoning I-1 - General Industrial Distrct

1 LOT AVAILABLE

Lot

Price $12,000,000
Price Per AC $250,000.00
Lot Size 48.00 AC

48 acres. 4 acres in flood plain running throw the middle of property after CLOMAR is completed. CLOMAR approved plans approved and available. Also, cost available. .SEE BELOW FOR DETAILS AND OTHER CLOMAR DOCUMENTS BY PAPE DAWSON

DESCRIPTION

This 48 acre property, due to its location and unique size for such a high profile location, is suitable for a corporate headquarters, regional campus or research center – manufacturing, distribution or industrial complex - office or flex-office complex - multi-family or home rental development - and those many other unique needs for a large property with easy access and visibility within the San Antonio-Austin corridor. The property’s difficult to obtain I-1 zoning is normally easy to modify to fit these and other similar uses. All utilities of sewer, water, electricity, gas and internet are accessed from the front and west side, with a water commitment of over 250 EDU’s. With numerous access points, in addition to Loop 1604 and it’s 60 foot wide pole lot to FM 2252, there are three access paths for entry through the Mall property on the east, two of which have easements. The property is serene in its undeveloped state with scattered trees and high plateaus on the east side with the balance of the property sloping slightly to a drainage path created by rainwater runoff from the property south of 1604. A CLOMAR is nearing completion to permit construction of a drainage channel to control and reduce the drainage into a flood zone of about 4 acres. The great location of this 48 Acre tract on NE Loop 1604 and Nacogdoches Road (FM 2252) cannot be emphasized enough between the Rolling Oaks Mall on the east and the indoor Nardis Gun Club and Union Pacific rail line on the west. It’s a rare large parcel on San Antonio’s feeder Loop into the San Antonio-Austin corridor, which is defined by Interstate 35 two miles to the east. From the south, I-35 connects Laredo, the nation’s largest truck freight port of entry, with San Antonio, Austin, Dallas and points beyond to the north. The Texas Demographic Center projects that the San Antonio–Austin sector of this corridor will double in population from 4.5 million in 2020 to over 9 million in 2060. The Texas Department of Transportation is investing billions in expansion of the key arteries around and through San Antonio. The freeway intersections of Loop 1604 with both I-10 and I-35 are being re-built, as is Loop 1604 between, and an upper deck with 6 lanes is being added above the I-35 corridor toward Austin. FM 2252, which runs northward parallel to I-35, was recently widened to take traffic off I-35. This property is in the prime location to participate in this explosive growth.

  • Listing ID: 21957543

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: N Loop 1604 E, San Antonio, TX 78247

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