515 St St San Antonio, TX 78205
This exceptional 2.864-acre commercial land parcel presents a unique investment opportunity in the heart of San Antonio, Texas. Situated at the intersection of South St. Mary's Street and East Nueva Street, this property boasts a highly visible corner location with a signalized traffic light, ensuring excellent accessibility. The site features a two-story office building constructed in 1935, encompassing approximately 33,420 square feet. Most significantly, the property offers unparalleled access to the San Antonio River, with an impressive 453 feet of river frontage. This provides exceptional visibility and potential for various development projects. The location is advantageous, placing the property in close proximity to key landmarks such as the Bexar County Courthouse, the HEB Corporate Office, and the La Villita Historic District. Furthermore, its proximity to Caesar Chavez Boulevard ensures convenient access to major transportation routes. While slightly south of the main River Walk attraction area, this property represents the largest contiguous parcel available on the River Walk, presenting a rare opportunity for significant development or redevelopment. The existing building offers immediate income potential or the possibility for adaptive reuse. This is a truly remarkable opportunity to acquire a substantial piece of San Antonio's vibrant downtown landscape. The property's size, location, and river frontage make it an ideal candidate for a variety of commercial ventures.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.