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    377 5 St Lakehills, TX 78063

    For Lease
    $0.99 SF/Yr

    Prime Texas land, ideal for development.

    Lot size:
    32,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.75-acre commercial land ground lease in Lakehills, Texas, presents a unique investment opportunity. Located at 377 5th St E, 78063, this 32,670 square foot parcel boasts convenient access to Park Road 37, a major artery connecting to Helotes and Medina Lake. Its strategic position, just 1.2 miles from the high-traffic intersection of FM 1283 (providing access to Bandera, Alamo Ranch, Mico, and Castroville), ensures high visibility and accessibility. The property is zoned Commercial, offering flexibility for various industrial, warehouse, or flex space developments. The surrounding area demonstrates significant growth, with a 25% population increase within a 10-mile radius since 2010 and an average daily traffic count of approximately 6,000 vehicles. This thriving community features a diverse mix of retail, restaurant, and industrial businesses, creating a robust and dynamic market. The site's size and location make it an attractive proposition for businesses seeking to capitalize on the area's continued expansion and strong consumer base. This is a rare opportunity to acquire a well-situated parcel in a rapidly growing Texas market.

    Property Features for 377 5 St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,670 SF

    Unit(s) available at that property

    Space
    Available Spaces 1-3
    Size
    32,670 SF
    Rate per SF
    $0.99

    HighLights

    • 0.75‑acre commercial land ground lease in Lakehills, TX (78063) at 377 5th St E.
    • 32,670 square foot parcel with convenient access to Park Road 37 and FM 1283, offering high visibility and accessibility.
    • Located on the northwest perimeter of San Antonio, the 3rd fastest‑growing MSA in the US.
    • Rapidly developing Lakehills market with numerous residential and commercial projects underway.
    • 15‑minute commute to FM 471, providing access to numerous national retail, restaurant, and industrial tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Lakehills
    County
    Bandera
    State
    Texas
    Longitude
    -98.9431600789
    Latitude
    29.596098274189

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Flex space - Prime Texas land, ideal for development.
    Where is this flex space located?
    The property is located at 377 5 St Lakehills, TX.
    What is the lease rate?
    The lease rate is $0.99 SF/Yr.
    What are key features of this property?
    This property features: 0.75-acre commercial land ground lease in Lakehills, TX (78063) at 377 5th St E.; 32,670 square foot parcel with convenient access to Park Road 37 and FM 1283, offering high visibility and accessibility.; Located on the northwest perimeter of San Antonio, the 3rd fastest-growing MSA in the US.
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    377 5 St Lakehills, TX 78063
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    Lakehills, TX 78063
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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
    377 5 St Lakehills, TX 78063
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