Property profile

21901 Frontage Rd Schertz, TX 78108

OFF-MARKET
Land
6.5 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering encompasses approximately 6.5 acres of prime real estate situated in Schertz, Texas, at 21901 N Interstate 35 Frontage Rd, Comal County, zip code 78108. The property is zoned General Business II (GB-2) and is comprised of two separate parcels totaling approximately 6.5 acres. Parcel one consists of approximately 3 acres and Parcel two consists of approximately 3.49 acres. Both parcels are currently available for purchase individually or together. The land is situated near the intersection of IH 35 and Hubertus Road, providing excellent access to major regional thoroughfares and convenient connectivity throughout the New Braunfels MSA. The land was previously associated with a convenience store and has specific use restrictions. These restrictions prohibit the sale of food and beverages (excluding vending machines and sit-down restaurants), convenience store operations, gasoline or motor fuels, electronic cigarettes and tobacco, beer and wine for off-premises consumption, food trucks, lottery tickets, car washes, and national discount variety stores (such as Dollar General, Dollar Tree, 99 Cents Only, or Family Dollar), along with any ancillary uses supporting these restricted activities. The land value is priced between $6.49 and $7.87 per square foot, with Parcel one priced at approximately $850,000 and Parcel two at approximately $1,200,000. This presents a unique opportunity for investors seeking a strategically located commercial property with significant development potential, subject to the outlined use restrictions.

Property profile

Verified
Property type Land
Lot 6.5 ac (283,140 SF)

Cap rate & NOI

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

Location

21901 Frontage Rd Schertz, TX 78108
Schertz metro
Google Maps

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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