8
8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with 3.2 usable acres. Rest is city drainage and utility easements. Reed Rd just widened to 3 lanes with city installed sidewalks bordering property. Property sides large apartment complex and backs to Carlos Coon Elementary School (Northside ISD). Perfect for developing apartments or other multi-family. 40x40 AT&T communication box on property that provides all communication needs. Flat, cleared and ready for developer! Water main and gas on frontage. This property is not located in a Aood zone. PROPERTY FEATURES Site zoned MF-25 5.25 acres with approximately 564' of frontage on Reed Rd All utilities available to the site including water, sewer & electricity Reed Rd just widened to 3 lanes Population of almost 293,000 within a 5 mile radius Average annual income exceeding $61,000 within a 1 mile radius Seller Financing or Joint Venture available SALE PRICE: $650,000 / $2.80 PSF PRICE PER ACRE: $123,810 LOT SIZE: 5.25 Acres 3.2 Net Usable Acres APN #: 688261 ZONING: MF-25 CROSS STREETS: Culebra Rd SINGH COMMERCIAL GROUP 210.696.9996 10999 IH-10 West, Ste. 175 San Antonio, TX 78230 www.singhcommercialgroup.com/ RAV SINGH, CCIM Director 210.849.2175 [email protected] TX #0560351 We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

  • Upload
    others

  • View
    8

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

PROPERTY OVERVIEWZoned MF-25. 5.25 acres with 3.2 usable acres. Rest is city drainage and

utility easements. Reed Rd just widened to 3 lanes with city installed

sidewalks bordering property. Property sides large apartment complex and

backs to Carlos Coon Elementary School (Northside ISD). Perfect for

developing apartments or other multi-family. 40x40 AT&T communication

box on property that provides all communication needs. Flat, cleared and

ready for developer! Water main and gas on frontage. This property is not

located in a Aood zone.

PROPERTY FEATURESSite zoned MF-25

5.25 acres with approximately 564' of frontage on Reed Rd

All utilities available to the site including water, sewer & electricity

Reed Rd just widened to 3 lanes

Population of almost 293,000 within a 5 mile radius

Average annual income exceeding $61,000 within a 1 mile radius

Seller Financing or Joint Venture available

SALE PRICE: $650,000 / $2.80 PSF

PRICE PER ACRE: $123,810

LOT SIZE:5.25 Acres

3.2 Net Usable Acres

APN #: 688261

ZONING: MF-25

CROSS STREETS: Culebra Rd

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

Page 2: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

Page 3: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

CONCEPTUAL DRAWING

Page 4: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

Page 5: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

Page 6: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

8401 Reed Road

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

Page 7: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

SINGH COMMERCIAL GROUP210.696.9996

10999 IH-10 West,

Ste. 175

San Antonio, TX 78230

www.singhcommercialgroup.com/

RAV SINGH, CCIMDirector

210.849.2175

[email protected]

TX #0560351

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

8401 Reed Road, San Antonio, TX 78251

5.25 ACRES LAND WITH MF-25 ZONING

LAND FOR SALE

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 60.4% 63.2% 64.3%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 64.0% 69.5% 72.0%

% BLACK 12.5% 9.1% 7.7%

% ASIAN 3.3% 2.6% 2.2%

% HAWAIIAN 0.2% 0.2% 0.2%

% INDIAN 0.1% 0.3% 0.5%

% OTHER 16.9% 15.3% 14.6%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 14,014 94,880 293,863

MEDIAN AGE 31.2 31.0 31.7

MEDIAN AGE (MALE) 30.7 30.7 30.7

MEDIAN AGE (FEMALE) 32.3 31.7 32.7

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 5,189 33,655 101,803

# OF PERSONS PER HH 2.7 2.8 2.9

AVERAGE HH INCOME $61,908 $59,397 $58,176

AVERAGE HOUSE VALUE $111,349 $104,528 $121,501

Page 8: 5.25 ACRES LAND WITH MF-25 ZONING - LoopNet · 8401 Reed Road, San Antonio, TX 78251 5.25 ACRES LAND WITH MF-25 ZONING LAND FOR SALE PROPERTY OVERVIEW Zoned MF-25. 5.25 acres with

� � � �

11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material informaƟon about the property or transacƟon received by the broker; • Answer the client’s quesƟons and present any oīer to or counter-oīer from the client; and • Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a diīerent license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

େ that the owner will accept a price less than the wriƩen asking price; େ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen oīer; and େ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Keller Williams Realty City View 547594 [email protected] 210.696.9996

Howard John Flournoy 127300 [email protected] 210.853.0753

Jim McClung 332864 [email protected] 210.696.9996

Rav Singh [email protected] 210.696.9996560351