This exceptional 2.92-acre commercial land parcel, located at 5501 Larkdale Dr in San Antonio, Texas, presents a remarkable development opportunity. Situated in Bexar County, zip code 78233, this flat, cleared lot is zoned MF33, allowing for multi-family development. The property's prime corner location at the intersection of O'Connor Road and Larkdale Drive offers excellent visibility and accessibility. With approximately 2.92 acres of usable land, the site is ready for immediate development. The surrounding area boasts a thriving community, with a population of 16,146 residents within a one-mile radius, indicating strong potential for rental demand. This presents a unique chance to capitalize on the growing San Antonio market and create a successful multi-family project. The property's size and zoning provide flexibility for various development options, making it an attractive investment for developers seeking a prime location with significant upside potential. The asking price for this exceptional property is $695,000.

Property type Land

Lot 2.92 ac (127,195 SF)

UPID US83-3992622

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

5501 Larkdale Dr San Antonio, TX 78233

San Antonio metro

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6 recent transactions · within 1.5 mi

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