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    Martin Luther King Dr San Antonio, TX 78203

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    For Sale
    Contact for pricing

    10+ Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 10.435-acre commercial land parcel presents a unique investment opportunity in San Antonio, Texas. Strategically located on the south side of Martin Luther King Drive, between Walters Street to the west and IH-10 to the east, this property boasts a prime location with excellent visibility and accessibility. The C-2 Business District zoning allows for a wide range of commercial uses, providing flexibility for potential development. With an estimated daily traffic count of approximately 5,950 vehicles, this site offers significant exposure to a substantial customer base. Adding to its appeal, the property sits at the southeast corner of the entrance to a new mixed-use residential project, which will include both single-family and multi-family residences, creating a synergistic environment and potentially increasing demand for commercial services. The property's size and location make it ideal for a variety of commercial ventures, from retail and restaurants to office spaces and other business uses. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area of San Antonio, offering significant potential for long-term growth and return on investment. The property is situated in Bexar County, Texas, with a San Antonio zip code of 78203. The coordinates are 29.4133828 latitude and -98.4601289 longitude.

    Property Features for 0 Martin Luther King Dr

    General Information

    Property type
    Land
    Lot Size
    454,549 SF

    HighLights

    • ±10.435‑acre site.
    • South side of Martin Luther King Drive, between Walters Street and IH‑10.
    • C‑2 Business District zoning.
    • Approx. 5,950 vehicles per day (VPD).
    • Southeast corner of entrance to new mixed‑use residential development (single & multi‑family).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4601289
    Latitude
    29.4133828

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    FAQs

    What type of property is this?
    Land - 10+ Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at Martin Luther King Dr San Antonio, TX.
    What are key features of this property?
    This property features: ±10.435-acre site.; South side of Martin Luther King Drive, between Walters Street and IH-10.; C-2 Business District zoning.
    (210) 876-2237
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    Martin Luther King Dr San Antonio, TX 78203
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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
    Martin Luther King Dr San Antonio, TX 78203
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