Property summary
This exceptional 5.62-acre lot presents a remarkable multifamily development opportunity in San Antonio's desirable Castle Hill neighborhood. Located on Jackson Keller Rd, in Bexar County, zip code 78213, this commercially zoned (Commercial-MF) property boasts a strategic location near Legacy (Lee) High School and adjacent to a senior living facility, ensuring high demand from a diverse resident base, including families and retirees. The lot allows for a versatile design, perfect for a mixed-use residential project, such as duplexes and low-rise apartments. With a 33% lot coverage cap, developers can create a balanced mix of structures and green spaces, enhancing the resident experience. The property currently includes two existing buildings, one of which is a durable metal structure that could potentially be repurposed to reduce development costs and expedite the timeline. This property offers significant potential for creating a thriving community in a sought-after area of San Antonio. The asking price is $2,200,000. This is a rare opportunity to capitalize on the strong demand for housing in this established neighborhood. The property's proximity to top-rated schools and senior living facilities guarantees a built-in market for the development. Don't miss this chance to build a successful multifamily project in a prime San Antonio location.
Property profile
VerifiedCap rate & NOI
Current use
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Nursing Home Retirement Community
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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