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    Palisades Dr Live Oak, TX 78148

    For Sale
    $982,713

    1.42 Acres, Prime Universal City Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.42-acre commercial land parcel presents a remarkable development opportunity in Universal City, Texas. Strategically located just off Loop 1604, this vacant property boasts excellent visibility and accessibility, ensuring high traffic flow. Its prime location near major retailers like IKEA and Costco guarantees a steady stream of potential customers, making it ideal for retail ventures. The property's proximity to Lackland Air Force Base further enhances its appeal, contributing to a diverse and consistent customer base. The address is on Palisades Drive, Universal City, Bexar County, Texas, zip code 78148. This site offers unparalleled connectivity and accessibility due to its proximity to major thoroughfares. The asking price for this exceptional property is $982,713. This is a rare chance to acquire a highly desirable commercial land parcel in a thriving area with significant growth potential. The property is classified as Industrial Land and is zoned for Commercial use.

    Property Features for 0 Palisades Dr

    General Information

    Property type
    Land

    HighLights

    • • Excellent visibility and accessibility off Loop 1604, ensuring high traffic flow.
    • • Prime location near IKEA and Costco, attracting substantial consumer traffic.
    • • Proximity to Lackland Air Force Base provides a diverse and consistent customer base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Live Oak
    County
    Bexar
    State
    Texas
    Longitude
    -98.319456136887
    Latitude
    29.555936045916

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    FAQs

    What type of property is this?
    Land - 1.42 Acres, Prime Universal City Location
    Where is this land located?
    The property is located at Palisades Dr Live Oak, TX.
    What is the asking price?
    The asking price for this property is $982,713.
    What are key features of this property?
    This property features: • Excellent visibility and accessibility off Loop 1604, ensuring high traffic flow.; • Prime location near IKEA and Costco, attracting substantial consumer traffic.; • Proximity to Lackland Air Force Base provides a diverse and consistent customer base.
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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
    Palisades Dr Live Oak, TX 78148
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