RES/COM/IND DEVELOPMENT TRACT

East TX Loop 1604 South / St. Hedwig City

$2,500,000

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Property Overview

This incredible, ready-to-develop property is strategically located on East TX Loop 1604 South within the southeast quadrant of Bexar County, Texas. It is further conveniently positioned between the growing interchange areas of Interstate 10 (3.9 miles to the north) and US Hwy 87 (4 miles to the south). The property rests upon the west side of the highway within the city limits of historic St. Hedwig. It is flanked to the north by nearby FM 1346 and adjacently to the south by South Abbot Road and La Vernia Road. Please see the property survey for specific dimensions and precise geographical location.

Map Location


Street Location

Although not currently assigned a street address, the property lies approximately within the 908-998 block of “East Charles William Anderson Loop” (East TX State Loop 1604 South). The local ZIP code is 78101.

GPS Coordinates

29.41755, -98.25894

Lot Size

30.80+/- acres

Road Frontage

Adjacent Property

There is only one directly-bordering property (which has ~2,250ft of shared property line). It is wholly owned by the East Central Independent School District and is believed to be within the initial planning phase of a new school.

Topography

The property is primarily cleared pasture which slightly slopes generally southeast toward South Abbot Road. There are no known drainage issues currently impacting the property.

Mineral Rights

100% of all seller-owned mineral rights will convey to the new owner with the contracted purchase of this property.

Flood Plain

Federal Emergency Management Agency maps do not show any 100-year flood plain on this property. See also the SARA Risk MAP Viewer.

Utilities

Electricity and water (initial connections) are available to the site. Please see the property survey for any additional details concerning electricity, gas, water, sewer, and Internet connectivity. Prospective buyers should retain an independent engineer to verify the location, accessibility, and capacity of all utilities.

Easements

Some utility and drainage easements are of record on the property. Please see the property survey for additional details.

Zoning

UPDATE: This property was granted a zoning upgrade in FEB 2020, going from Light Industrial just along the 1604 frontage portion (with the rest of the property zoned Residential only) to now being zoned Light Industrial for the entire 30.80-acre tract! Prospective buyers should verify the zoning and permitted uses for the property with the appropriate governing authority.

Deed Restrictions

Local subdivision restrictions and covenants generally permit commercial and residential development. Prospective buyers should verify any/all deed restrictions with the appropriate governing authority.

Ad Valorem Taxes

In accordance with Texas Property Tax Code and the Uniform Standards of Professional Appraisal Practices, property taxes are paid on an annual basis to the Bexar Appraisal District. The property is currently under agricultural exemption.

Traffic Analysis

The Texas Department of Transportation's "2015 San Antonio Urban Traffic Map" indicates the following Annual Average Daily Traffic (AADT) statistics neighboring the property:

Source: Urban Traffic Maps

Demographics

Emergency Services

Nearest Fire/Rescue:
Nearest Metropolitan Hospitals:
Local Law Enforcement Jurisdiction:

Potential Use

This property, with two (2) street corners and excellent highway & secondary-road exposure, lends itself to a variety of uses, to include residential, retail, office, health care, hospitality, business park, light industrial/manufacturing, and many others.

Comparable Properties

Depicted below are other comparable Loop 1604 commercial frontage tracts that are currently listed on LoopNet within 8 miles of this property. All have similar potential uses and are undeveloped, designated residential and/or commercial zoning, contain a minimum of 9 acres, and present a readily disclosed price:

Comments

This is one of the last remaining undeveloped properties of its size located directly off Loop 1604 in southeast Bexar County. It is also the LARGEST Loop 1604 property in St. Hedwig to be COMPLETELY zoned Light Industrial. Considering its larger dimensions, prime location, and entire commercial-friendly zoning, it is ideally situated to capitalize upon the local and regional areas' exponential growth trend. The property’s rare feature of having two street corners plus an exceptional amount of improved road frontage (almost 3,400ft) make it a standout above everything else in the area. The land is already almost entirely tree/brush cleared and is totally high & dry (i.e., completely outside of any known flood plain). Furthermore, the price/foot2 cost is well less than the average of nearby comparable tracts currently shown on LoopNet as depicted in the section above. Note also that the Texas Department of Transportation has indicated plans to ultimately expand Loop 1604 with a four-lane divided highway in front of the property (please see the TxDOT simulation video at the bottom of this page).

Nearby Points of Interest


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