Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 2.77-acre land parcel located in San Antonio, Texas. The parcel is zoned C-2, commercial district zoning, with water, gas, sewer, and telephone utilities available at the property. Electric is available with connection at Old Pearsall Road. The property has frontage on War Cloud with approximately 6,500 average daily traffic count, in addition to being visible from Old Pearsall Road with approximately 34,507 vehicle per day. The parcel is inside Loop Interstate 410, and is surrounded by retail and established single-family households. In addition, there are over 550 multifamily units under construction in the immediate market area. The population within a one-mile radius of the parcel is 19,400 and has increased by 20 percent since 2000. Households within a one-mile radius include 5,213 and increased 25 percent since 2000. San Antonio serves as a major gateway between the United States and Mexico and is one of the fastest-growing cities in the United States. Trader’s Village Flea Market, approximately two miles south of the subject parcel, hosts over 1,000 vendors and attracts over one million attendees annually. The subject property is a few miles south of the 1,900-acre Joint Base San Antonio Kelly Annex which employs over 35,000 employees. The Tech Port Center and Arena, a high-tech concert venue and e-sports center, opened on the Kelly Annex in May 2022 bringing a $2.3 million investment to the area. The Frontera Logistics Supersite, a 188-acre project which when finished will contain almost 2.8 million square feet of manufacturing and warehouse space, is situated a couple of miles northeast of this parcel. Additional major employers near the property are Zachry Construction with 20,000 employees and Boeing Company with over 4,000 employees. The development site includes plans for a 419-unit, Class A, self-storage facility, encompassing a total of 55,525 net rentable square feet across seven buildings. The facility is proposed as a single-story structure. The average unit size for non-climate-controlled units is 144 square feet, while climate-controlled units have an average size of 116 square feet. The proposed project is 36 percent climate-controlled units and 64 percent non-climate-controlled units. With its convenient location and attractive unit sizes, the 2.77-acre development opportunity presents an investor a variety of development strategies in the growing Southwest San Antonio. All drawings, surveys and plans are included with the sale of the 2.77-acre parcel.