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    OFF-MARKET
    Land

    401 10Th St, Floresville, TX 78114

    16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16-acre commercial land parcel presents a compelling investment opportunity in Floresville, Texas. Strategically located on US Highway 181 North, the property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. Its proximity to a Walmart and a hospital complex further enhances its desirability. Floresville is experiencing robust growth fueled by its convenient location near San Antonio and its position along a major route to the Texas coast. Recent development in the area includes new car dealerships, businesses, and substantial residential subdivisions established by national home builders, indicating a thriving and expanding market. The property's size and location make it ideally suited for a variety of commercial developments, including, but not limited to, an assisted living facility or medical offices. The seller is open to selling the entire parcel or subdividing it to accommodate specific buyer needs. The land is priced at $4,181,760, with a land value of $6.50 per square foot. This presents a rare chance to capitalize on the burgeoning growth of Floresville and secure a prime piece of commercial real estate in a dynamic Texas market. The property is owned by a Family LTD.

    Property profile
    Verified
    Property type Land
    Lot 16 ac (696,960 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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