12025 Tx-16 San Antonio, TX 78224
- Land
- 99.95 lot acres
Current Use by Public Records
- Land
Property Details for 12025 Tx-16
- Lot size
- 99.95 lot acres
- Property type
- Land
Description
This exceptional 99.95-acre commercial land parcel presents a significant investment opportunity in San Antonio, Texas. Strategically located at 12025 TX-16, Bexar County, zip code 78224, the property boasts approximately 1,215 feet of frontage along the west side of Highway 16 South's access road, providing excellent visibility and accessibility. The land is zoned MI-1 and offers significant development potential. Currently generating approximately $98,600 in annual gross income from month-to-month tenants, this property presents a compelling blend of immediate income and long-term growth prospects. Note that a portion of the property falls within the 100-year floodplain along Leon Creek and is subject to a Texas Commission on Environmental Quality (TCEQ) remediation plan currently underway. The asking price is $4,950,000, translating to a land value of $1.14 per square foot. Furthermore, a portion of this expansive tract is situated within the Far South Opportunity Zone, potentially offering attractive tax advantages for qualified investors. The property's APN is 189251. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of San Antonio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5571
- Latitude
- 29.2992
