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    16874 Lookout Rd Schertz, TX 78154

    For Sale
    $2,000,000

    LAND - Selma, TX

    Property size:
    1,520 SF
    Lot size:
    5.95 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 16874 Lookout Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OCL
    Size
    1,520 SF
    Lot size
    5.95 Acres

    Real Broker, LLC (214) 202-7615 [email protected]

    Listing agent Amanda Mercer (855) 450-0442

    Listing date Jul 21, 2025

    Copyright © 2025 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot in Selma

    This property, situated on just shy of 6 acres at the hard corner of Lookout and Evans Rd in Selma, TX, benefits from high traffic and rapid growth in the area. City utilities are available on site. The property is zoned OCL in Bexar County, and the City of Selma city council has approved its use for multi-family, retail, and mixed-use developments. Approval for industrial, flex space, and hospitality uses may also be possible. A house, previously used as a residential rental, is located on the property. A new University Baptist Hospital is under construction a few blocks south on Lookout, with plans for a luxury multi-family/retail complex across the street. Industrial and flex spaces are located just north on Lookout Rd, leading to retail on FM 3009. There is a 500-year flood plain on the property, consistent with the rest of the development along Evans Rd. Seller financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schertz
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.313291
    Latitude
    29.592636

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    FAQs

    What type of property is this?
    Commercial land - Nearly 6-acre corner lot suitable for mixed-use development.
    Where is this commercial land located?
    The property is located at 16874 Lookout Rd Schertz, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location at the hard corner of Lookout & Evans Rd with high traffic and rapid growth.; - City utilities are already on site.; - Approved for multiple uses by the City of Selma including multi-family, retail, and mixed-use.
    (855) 450-0442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16874 Lookout Rd Schertz, TX 78154
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