0 Hwy. 281 & Hwy 46 Bulverde, TX 78163
This exceptional 2.1-acre commercial land parcel, located at the intersection of Hwy. 281 and Hwy. 46 in Bulverde, Texas (zip code 78163), presents a remarkable investment opportunity. Boasting a C-2 zoning designation, this platted retail pad site (Lot 4) allows for a high density of commercial uses, making it ideal for a variety of developments. The property offers excellent visibility and stunning Hill Country views, situated directly across from a high school. Its strategic location benefits from the proximity to numerous national and regional tenants, including Starbucks, AutoZone, Walmart Supercenter, H-E-B, and Tractor Supply, ensuring high traffic and visibility. The lot's size is approximately 2.193 acres, providing ample space for development, including sufficient land for a septic drip field. The property is part of a 100% leased Bulverde retail center. Potential uses include fast-food restaurants, retail stores, hotels, medical offices, or storage units. The seller will consider a land lease with a build-to-suit option. The asking price is $1,372,139, with a land value of $15 per square foot. This is a rare opportunity to acquire a prime commercial property in a thriving Texas market.
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
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