Land For Sale • 7.67 AC
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers, builders, and investors the opportunity to purchase a 7.67+/- acre residential development Site located at 6903 Border Brook in San Antonio, TX (the “Site”) less than a mile east of Interstate 410. Approximately half of the Site is zoned MF-33 (multifamily) with the remainder being R-6 (single-family). Given the Site's zoning, a potential Buyer could purchase with the intent to rezone the property entirely for multifamily or single-family. The Site is located near Ingram Mall in addition to various national retailers. This is a great opportunity to acquire a property at a very low price of only $2.54 per square foot. In the event you are or are utilizing a third party broker, a 2.5% 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 identify and register their client upon initial contact with VREA.
The property is zoned partially MF-33 (maximum of 33 units per acre) and partially R-6 (min. 6,000 SF lots). |
Located within the highly acclaimed Northside Independent School District, (B+ ranking on Niche.com). |
Per Costar, asking multifamily rents are achieving up to $1.86 PSF in this property’s submarket for Class A deal as of December 2024. |
Within a three-mile radius of the Site there is a strong local market, the median household income averages $63,017, according to Esri. |
Adjacent to the property is the Leon Creek Greenway, a trail system containing 20+ miles of trails. |
Approximately 4 miles south of the South Texas Medical Center, the Site is near one of the city’s largest employment hubs which employs around 30,000. |
Airport | Drive | Walk | Distance |
---|---|---|---|
San Antonio International | 16 min | - | 11.3 mi |