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    802 Grayson And 1822 San Antonio, TX 78208

    For Sale
    Contact for pricing

    0.84 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.84-acre corner lot in San Antonio, Texas, presents a unique investment opportunity. Located at the intersection of East Grayson Street and North Olive Street, the property boasts significant frontage on both streets, offering excellent visibility and accessibility. The address encompasses 802 and 806 E. Grayson and 1822 N. Olive, within the 78208 zip code. Currently, the land includes a single-family home and a four-plex, providing immediate income potential or redevelopment options. The property is zoned for mixed-use development, specifically MF25 and RM5, allowing for a variety of uses. This versatile zoning allows for flexibility in development plans, catering to residential and commercial needs. The location offers unparalleled convenience, with close proximity to the vibrant Pearl District, Alamo Colleges Headquarters, the River North Museum Reach, and Fort Sam Houston Base. This prime location provides easy access to major transportation routes, amenities, and a thriving community. The three tracts comprising the 0.84 acres offer significant potential for investors seeking to capitalize on the area's growth and demand. This is a rare opportunity to acquire a substantial land parcel in a highly desirable San Antonio location. The existing structures offer immediate return while the zoning allows for future expansion and development.

    Property Features for 802 Grayson And 1822

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • Excellent location near the Pearl District, Alamo Colleges headquarters, River North Museum Reach, and Fort Sam Houston.
    • Prime location offering easy access to major employment centers and cultural attractions.
    • Strategic proximity to significant institutions and military base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.47146968
    Latitude
    29.44317082

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    FAQs

    What type of property is this?
    Land - 0.84 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 802 Grayson And 1822 San Antonio, TX.
    What are key features of this property?
    This property features: Excellent location near the Pearl District, Alamo Colleges headquarters, River North Museum Reach, and Fort Sam Houston.; Prime location offering easy access to major employment centers and cultural attractions.; Strategic proximity to significant institutions and military base.
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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
    802 Grayson And 1822 San Antonio, TX 78208
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