Current Use by Public Records
- Land
Property Details for 0 Ih-35 & Evans Rd
- Lot size
- 5.07 lot acres
- Property type
- Land
Description
This exceptional 5.07-acre commercial land parcel presents a rare investment opportunity in Selma, Texas, boasting 977 feet of frontage along IH-35. Strategically located between the Comfort Inn & Suites and Evans Road, this property benefits from over 200,000 vehicles passing daily. The site features a rear-entry exit via Evans Road, enhanced by hard corner traffic lights, ensuring excellent accessibility. Situated in Bexar County, near the tri-county line (a survey is available), the property is zoned C-1 Commercial, making it ideal for a variety of uses, particularly hotel/hospitality development. Its prime location offers proximity to major retail destinations including the Forum Shopping Center (a 1.5 million square foot center housing numerous national retailers and restaurants), Ikea, Rooms to Go, Costco, Academy Sports, Wells Fargo Bank, Cheddar's, Rudy's BBQ, Holiday Inn Express, North Park Audi, and Retama Park. Furthermore, the property's advantageous position is complemented by a new hotel and university hospital currently under construction nearby, and its convenient access to Randolph Brooks AFB. The asking price is $5,500,000, with a land value of $25 per square foot. This property offers significant potential for substantial returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Bexar
- State
- Texas
- Longitude
- -98.3059
- Latitude
- 29.5845
