802 Grayson And 1822 San Antonio, TX 78208
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.