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    1418 Broadway St San Antonio, TX 78215

    Sponsored
    For Sale
    $1,000,000

    Prime Vacant Lot, Pearl District Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1418 Broadway Street property presents a unique investment opportunity in the heart of San Antonio, Texas. Priced at $1,000,000, this vacant commercial lot boasts an enviable location near the historic and vibrant Pearl District, offering unparalleled visibility and access. Its strategic position provides easy access to major highways I-35 and 281, significantly enhancing its value and potential. The existing billboard generates immediate revenue, offsetting initial investment costs. The property's prime location within Bexar County, specifically in the 78215 zip code, offers multiple development possibilities. Given the area's thriving community and high foot traffic due to its proximity to the Pearl Brewery and its market center, this lot is ideal for commercial or mixed-use development. Whether focusing on retail, hospitality, or another venture, the blend of historic charm and modern accessibility makes this a highly desirable location for investors seeking significant return. The property's potential extends beyond simple land value, encompassing the ongoing income stream from the billboard and the considerable development opportunities presented by its location in a rapidly growing area of San Antonio. This is a rare chance to acquire a highly visible and strategically located commercial lot in one of San Antonio's most sought-after neighborhoods.

    Property Features for 1418 Broadway St

    General Information

    Property type
    Land

    HighLights

    • $1,000,000 asking price.
    • Vacant commercial land in downtown San Antonio, TX.
    • Located near the Pearl District, offering high visibility from I‑35 and Hwy 281.
    • Existing billboard generates immediate revenue.
    • High development potential for commercial or mixed‑use projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.477524
    Latitude
    29.439795

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    FAQs

    What type of property is this?
    Land - Prime Vacant Lot, Pearl District Proximity
    Where is this land located?
    The property is located at 1418 Broadway St San Antonio, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price.; Vacant commercial land in downtown San Antonio, TX.; Located near the Pearl District, offering high visibility from I-35 and Hwy 281.
    (281) 662-8780
    Request Owner's contact information
    1418 Broadway St San Antonio, TX 78215
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    San Antonio, TX 78215
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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
    1418 Broadway St San Antonio, TX 78215
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