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    1604 & Byrd Universal City, TX 78148

    For Sale
    Contact for pricing

    29 Acres, Retail & Multifamily Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional 29-acre commercial land opportunity in Universal City, Texas, strategically located at the intersection of 1604 and Byrd. This property presents a unique investment prospect, offering both retail and multifamily development potential. The site is divisible, allowing for flexible development plans to suit various needs. Priced at $3.95 to $5.95 per square foot, depending on the designated use, this land boasts a flat topography, ensuring ease of construction. Essential utilities, including water, are readily available on-site. The location provides convenient access to major thoroughfares like I-35 and Highway 1604, ensuring high visibility and accessibility. Benefit from the area's robust growth, fueled by the expansion of Randolph Air Force Base and Amazon's presence, leading to a burgeoning population and increased demand for commercial and residential spaces. This prime location offers significant potential for substantial returns on investment. The property's proximity to these major employers makes it an ideal location for retail development, catering to the growing workforce and surrounding community. Don't miss this chance to acquire a substantial parcel of land in a thriving Texas market. The zoning and specific development possibilities should be verified independently.

    Property Features for 0 1604 & Byrd

    General Information

    Property type
    Land
    Lot Size
    1,263,240 SF

    HighLights

    • 9‑acre retail and 20‑acre multifamily development site.
    • Subdividable parcel.
    • Excellent location near Amazon and Randolph AFB.
    • Convenient access to Loop 1604.
    • Close proximity to the I‑35 and Loop 1604 interchange.
    • Level topography.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Universal City
    County
    Bexar
    State
    Texas
    Longitude
    -98.3059983
    Latitude
    29.5395837

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    FAQs

    What type of property is this?
    Land - 29 Acres, Retail & Multifamily Potential
    Where is this land located?
    The property is located at 1604 & Byrd Universal City, TX.
    What are key features of this property?
    This property features: 9-acre retail and 20-acre multifamily development site.; Subdividable parcel.; Excellent location near Amazon and Randolph AFB.
    (210) 428-0204
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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
    1604 & Byrd Universal City, TX 78148
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