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Prime Corner Lot Opportunity
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16874 Lookout Rd, Schertz, TX 78154

6-acre corner lot suitable for mixed-use development.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market412

Property Features for 16874 Lookout Rd

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype Land
Zoning OCL — approved for Commercial/MF/Retail/Hospitality
Investment Type Value Add
Listing Agency: P31 Venture
Listed By: Sarah Loredo · License #759775
Source: Crexi
Added: Jul 8, 2025 Changed: Aug 23 Last Checked: Aug 22 at 11:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of P31 Venture

Investment Insights

Based on property information with market context.

This property, situated on just under 6 acres at the intersection of Lookout and Evans Road, benefits from high traffic and rapid growth in the area. City utilities are available on site. The location is a few blocks south of the upcoming University Baptist Hospital, with plans for a luxury multi-family and retail complex across the street. The property currently includes a house previously utilized as a residential rental. To the north on Lookout Road, there are industrial and flex spaces leading to retail on FM 3009. Zoned OCL for Bexar County, the City of Selma city council has approved the site for multi-family, retail, and mixed-use developments. Approval for industrial, flex space, and hospitality uses is also possible. A 500-year flood plain is present on the property, consistent with the rest of the development along Evans Road. Seller financing options are available.

Key Highlights

  • Prime location at the hard corner of Lookout & Evans Rd in a high‑traffic, rapidly growing area.
  • City utilities are already on site, simplifying development.
  • Approved for multiple uses by the City of Selma, including MF, retail, mixed‑use, industrial, flex space, and hospitality.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Pharmacy Storage Facility Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 78154, TX

41,533
Population
15,688
Households
2.6
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
32.9 sq mi
ZIP Area
1,262
Density / Sq Mi
$97,465
Median Household Income
$47,552
Median Earnings
$1,664
Median Rent
$296,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 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 $499,000.
What are key features of this property?
This property features: Prime location at the hard corner of Lookout & Evans Rd in a high‑traffic, rapidly growing area.; City utilities are already on site, simplifying development.; Approved for multiple uses by the City of Selma, including MF, retail, mixed‑use, industrial, flex space, and hospitality.
More about this property
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