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    Hwy. 281 & Hwy 46 Bulverde, TX 78163

    For Sale
    $1,372,139

    Prime 2.1-acre retail pad, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.1-acre commercial land parcel, located at the intersection of Hwy. 281 and Hwy. 46 in Bulverde, Texas (zip code 78163), presents a remarkable investment opportunity. Boasting a C-2 zoning designation, this platted retail pad site (Lot 4) allows for a high density of commercial uses, making it ideal for a variety of developments. The property offers excellent visibility and stunning Hill Country views, situated directly across from a high school. Its strategic location benefits from the proximity to numerous national and regional tenants, including Starbucks, AutoZone, Walmart Supercenter, H-E-B, and Tractor Supply, ensuring high traffic and visibility. The lot's size is approximately 2.193 acres, providing ample space for development, including sufficient land for a septic drip field. The property is part of a 100% leased Bulverde retail center. Potential uses include fast-food restaurants, retail stores, hotels, medical offices, or storage units. The seller will consider a land lease with a build-to-suit option. The asking price is $1,372,139, with a land value of $15 per square foot. This is a rare opportunity to acquire a prime commercial property in a thriving Texas market.

    Property Features for 0 Hwy. 281 & Hwy 46

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • $1,372,139 asking price for 2.1 acres of commercial land.
    • C‑2 zoning allows for high‑density commercial uses.
    • 2.193‑acre platted retail pad site.
    • Excellent visibility and Hill Country views; adjacent to national retailers including Starbucks, AutoZone, Walmart, H‑E‑B, and Tractor Supply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bulverde
    County
    Boone
    State
    Texas
    Longitude
    -98.5062007
    Latitude
    29.7695092

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    FAQs

    What type of property is this?
    Land - Prime 2.1-acre retail pad, C-2 zoning.
    Where is this land located?
    The property is located at Hwy. 281 & Hwy 46 Bulverde, TX.
    What is the asking price?
    The asking price for this property is $1,372,139.
    What are key features of this property?
    This property features: $1,372,139 asking price for 2.1 acres of commercial land.; C-2 zoning allows for high-density commercial uses.; 2.193-acre platted retail pad site.
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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. 281 & Hwy 46 Bulverde, TX 78163
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