Property profile

9988 Highway Dr San Antonio, TX 78211

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 34-acre agricultural property in San Antonio, Texas, presents a unique investment opportunity. Located at 9988 S. U.S. Highway 81, Bexar County, zip code 78211, this level land boasts approximately 1,069 feet of frontage along New Laredo Highway and a depth of 1,643 feet. The property features Leon Creek, which meanders through the land, creating a natural haven for native flora and wildlife. The total lot size is 1,481,040 square feet. Currently unimproved, the land is characterized by mature oak trees and native vegetation. The property is zoned NP-10 and sits within the 100% floodplain of Leon Creek. Daily traffic counts on New Laredo Highway reach 5,515 vehicles. Utilities are not currently available. Given its size, location, and natural beauty, this property is well-suited for a variety of uses, including potential participation in the Texas Farm and Ranch Land Conservation Program (TFRLCP) or development as a public park. The asking price is $1,950,000, making it an attractive prospect for investors seeking a 1031 exchange. The property is owned by TJL-MLWL Trust.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9988 Highway Dr San Antonio, TX 78211
San Antonio metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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