Property Details for 0 Springvale Dr

Lot size

6.00 lot acres

Property size

300,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 14-acre development opportunity in San Antonio, Texas, presents a unique blend of retail, multifamily, and mixed-use potential. Located near Lackland Air Force Base, this property boasts a strategic position with high traffic counts and significant foot traffic, benefiting from the substantial population and economic activity associated with the base. The site's zoning allows for diverse development options, including C-1, C-2, C-3, R-6, and Multifamily 33 designations. Surrounding the property are established businesses and residential units, including well-known national chains such as Papa John's Pizza, Take 5 Oil Change, O'Reilly Auto Parts, Sonic Drive-In, HEB Grocery Store, McDonald's, Dollar Tree, Little Caesar's Pizza, and Taco Bell. The property's proximity to major thoroughfares like SE Loop 410 and Highway 90 ensures excellent accessibility. With a total square footage ranging from 300,000 to 999,000 square feet and an impressive 609,840 square feet of air rights, this land offers substantial development potential. The land itself is priced at $99,000 per acre, representing a compelling investment opportunity. The area's demographics are favorable, with a total of 19,573 households and 69,034 people within a three-mile radius, boasting an average household size of four and a median age of 28.3. The average home value within this radius is $103,110. Lackland Air Force Base, the sole location for U.S. Air Force Enlisted Basic Military Training, further enhances the property's long-term value and potential. This 100% ownership opportunity is priced at $1,300,000.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Longitude

-98.6386

Latitude

29.3825