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    Hwy 46 & Riv Rd Boerne, TX 78006

    For Sale
    $3,020,000

    Prime Boerne development land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 16.1-acre commercial land parcel presents a compelling investment opportunity in the thriving city of Boerne, Texas. Located at the intersection of Highway 46 and River Road, this B1-zoned property boasts unparalleled visibility and accessibility. The asking price is $3,020,000, translating to $187,578 per acre, reflecting the significant value and potential of this strategically positioned site. Situated directly across from Samuel V. Champions High School, this location benefits from high daily traffic and a strong surrounding community. The property's location within Boerne's growth corridor ensures future appreciation and development potential. This is an ideal site for a variety of commercial ventures, capitalizing on the area's robust economic growth and desirable demographics. The 78006 zip code further underscores the property's prime location within a sought-after Texas community. With its excellent visibility on Highway 46 and its proximity to a major high school, this land offers a rare combination of location, zoning, and potential for significant return on investment. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity.

    Property Features for 0 Hwy 46 & Riv Rd

    General Information

    Property type
    Land
    Lot Size
    701,316 SF

    HighLights

    • Exceptional 16.1‑acre commercial land investment opportunity in Boerne, TX.
    • High visibility at Highway 46 and River Road intersection.
    • Located in Boerne's growth corridor, offering significant future appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Boerne
    County
    Martin
    State
    Texas
    Longitude
    -98.6987774
    Latitude
    29.79464

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    FAQs

    What type of property is this?
    Land - Prime Boerne development land, high visibility.
    Where is this land located?
    The property is located at Hwy 46 & Riv Rd Boerne, TX.
    What is the asking price?
    The asking price for this property is $3,020,000.
    What are key features of this property?
    This property features: Exceptional 16.1-acre commercial land investment opportunity in Boerne, TX.; High visibility at Highway 46 and River Road intersection.; Located in Boerne's growth corridor, offering significant future appreciation.
    Request Owner's contact information
    Hwy 46 & Riv Rd Boerne, TX 78006
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    Boerne, TX 78006
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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
    Hwy 46 & Riv Rd Boerne, TX 78006
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