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- LoopNet Team
Somerset Road
San Antonio, TX 78211
I-35 and Somerset Road · Land For Sale
·
3.00 AC
Investment Highlights
- 3.00 acres
- Cleared and Level Topography
- All Utilities
- Rapidly growing industrial market
- Easy IH 35 and Somerset Road access
- I-1, C-3R zoning
Property Facts
| Property Type | Land | Proposed Use | Industrial |
| Property Subtype | Commercial | Total Lot Size | 3.00 AC |
| Zoning | I-1, C-3R - General Industrial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 3.00 AC |
| Zoning | I-1, C-3R - General Industrial |
Description
PARTNERS has been exclusively retained by the owner of an industrial parcel totaling 3.00 acres in Somerset Business Park on S IH- 35 in San Antonio. The parcel is located 4 miles north of South Loop 410 and 6 miles south of US Highway 90. Within the south part of the San Antonio MSA, this area of town is experiencing rapid expansion of industrial properties. With year over year industrial property inventory growth of 17%, the industrial section is still experiencing positive absorption while rents rise at 10% and vacancy rates hover at 2%. This property boasts level topography, no flood plain, and has easy access to all utilities. The property is zoned I-1 and C-3R.
Property Taxes
| Parcel Number | 11211-014-0160 | Improvements Assessment | $0 |
| Land Assessment | $875,000 | Total Assessment | $875,000 |
Property Taxes
