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OFF-MARKET
Specialty properties

9658 Hwy 181 San Antonio, TX 78223

Property ID
Property summary
AI-generated overview

This exceptional 57.38-acre property boasts approximately 465 feet of frontage on US Highway 181 North, just outside Loop 1604 in Bexar County, Texas, zip code 78223. Located in San Antonio, this vacant land presents a remarkable development opportunity, ideally suited for those seeking to capitalize on the city's growth extending to secondary markets like Floresville, Pleasanton, and La Vernia. The site offers convenient access to San Antonio (within 15 minutes) and benefits from high visibility due to its highway frontage, with traffic counts reaching 22,951 vehicles per day. A sales office is available for purchase across the highway, making this an even more attractive proposition. The property includes access to water and electricity provided by Floresville utility providers. Two lakes are situated within a 10-minute radius. This is a highest and best use opportunity for residential single-family development. A video showcasing the property is available online. The asking price is $1,995,000.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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