20623 Stone Oak Parkway - Residential LAND FOR SALE


San Antonio, TX 78258 751,846 SF
$12,000,000 USD
214-556-1951
20623 Stone Oak Parkway, San Antonio, TX for Sale
$12,000,000 USD
Residential LAND - FOR SALE
1/3
751,846 SF

20623 Stone Oak Parkway
San Antonio, TX 78258


HIGHLIGHTS

  • The 17.26+/- acre Site is strategically located along Stone Oak Parkway, less than a mile west of U.S. Route 281.
  • The Site has proximity to major employers including the JP Morgan Chase San Antonio Corporate Center.
  • The Site falls within the highly acclaimed North East Independent School District (NEISD), which boasts an A-ranking on Niche.com.
  • The property is zoned MF-25, MLOD, ERZD, which permits the development of up to 25 units per acre.
  • San Antonio’s population reached 2,703,999 by the end of 2023, a 5.27% increase from 2020, as reported by the U.S. Census Bureau.
  • Within a three-mile radius of the Site, the median household income averages $111,154, according to Esri.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 17.26+/- acre zoned multifamily development Site located along Stone Oak Parkway in San Antonio, TX. The Site is accessible via Stone Oak Parkway, less than a mile west of U.S. Route 281 and approximately 3-miles north of Loop 1604. The Seller has a conceptual layout reflecting 420 units. The Site is close to major retailers such as H-E-B, and major employers such as JP Morgan Chase. This exceptionally well-located Site is a great opportunity to acquire a property where development quickly can commence at an attractive price of only $28,571 per developable unit. A 1% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third-party broker must formally register their client upon initial contact with VREA.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/ACRE

$695,249/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

17.26+/- Acre Multifamily Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

17.26 AC

LAND SF

751,846 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

MF-25 MLOD ERZD

APN/PARCEL ID

19218-000-0222

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.