Mixed-Use
60 Acre Transit Oriented Development Opportunity
5137 Old Pearsall Rd, San Antonio, TX 78242
Listing Price: $7,000,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the 60-acre transit-oriented development opportunity located at 5137 Old Pearsall Road in San Antonio, Texas. This property is one of only two approved Transit-Oriented Developments (TOD) in the city. A TOD is designed to offer a mix of residential, commercial, and recreational spaces that promote a compact, walkable, and pedestrian-friendly community centered around high-quality transit access. The property is approved for 2,200 multifamily and townhome residential units and over one million square feet of commercial space.
Located in south-central Texas, San Antonio is a dynamic city with a population of approximately 1.5 million residents. San Antonio is one of the fastest-growing cities in the United States, with a population that continues to expand due to its favorable cost of living, robust job market, and high quality of life. With a current shortage of 77,618 rental homes in the city, this TOD is well-positioned to meet the rising demand for multifamily housing. The 2,200 planned residential units are well positioned to meet this demand, offering a variety of multifamily and townhome options that cater to different income levels and lifestyle preferences. Living in a TOD promotes a sustainable lifestyle by creating a dense, walkable community that reduces the need for driving, thereby lowering energy consumption and greenhouse gas emissions. San Antonio benefits from a well-developed transportation network, including major highways, public transit, and proximity to the San Antonio International Airport. The TOD’s location is strategically positioned to leverage this connectivity, providing easy access to key areas within the city and beyond. San Antonio has a diverse economy with key industries that include healthcare, military, tourism, and manufacturing. Major employers in the area include the United Services Automobile Association (USAA), Valero Energy, H-E-B, and several military installations. The TOD is located just minutes from Port San Antonio and Lackland Air Force Base, two of the largest employers in the region. It is also situated directly across from Pearsall Park, part of the Greenway Trails system covering 100 miles of interconnected parks and trails, which offers easy access to recreational amenities, enhancing its appeal to potential residents and businesses.
Investment Highlights
- A 60-Acre Transit-Oriented Development Approved for 2,200 Multi-Family and Townhome Residential Units, and One Million Square Feet of Commercial Space
- Walkable Community Leveraging the Local Transporation Network to Reduce Reliance on Cars
- Growing Consumer Preferences for Environmentally Conscious Living Options
- Proximity to Military Installations Ensures Demand for Housing from Personnel
- Strategic Location and Approved Development Offers Substantial Opportunity to Capitalize on Rental Shortage
Exclusively Listed By
Mixed-Use
60 Acre Transit Oriented Development Opportunity
Listing Price: $7,000,000
Investment Highlights
- A 60-Acre Transit-Oriented Development Approved for 2,200 Multi-Family and Townhome Residential Units, and One Million Square Feet of Commercial Space
- Walkable Community Leveraging the Local Transporation Network to Reduce Reliance on Cars
- Growing Consumer Preferences for Environmentally Conscious Living Options
- Proximity to Military Installations Ensures Demand for Housing from Personnel
- Strategic Location and Approved Development Offers Substantial Opportunity to Capitalize on Rental Shortage
Investment Overview
Marcus & Millichap is pleased to offer for sale the 60-acre transit-oriented development opportunity located at 5137 Old Pearsall Road in San Antonio, Texas. This property is one of only two approved Transit-Oriented Developments (TOD) in the city. A TOD is designed to offer a mix of residential, commercial, and recreational spaces that promote a compact, walkable, and pedestrian-friendly community centered around high-quality transit access. The property is approved for 2,200 multifamily and townhome residential units and over one million square feet of commercial space. Located in south-central Texas, San Antonio is a dynamic city with a population of approximately 1.5 million residents. San Antonio is one of the fastest-growing cities in the United States, with a population that continues to expand due to its favorable cost of living, robust job market, and high quality of life. With a current shortage of 77,618 rental homes in the city, this TOD is well-positioned to meet the rising demand for multifamily housing. The 2,200 planned residential units are well positioned to meet this demand, offering a variety of multifamily and townhome options that cater to different income levels and lifestyle preferences. Living in a TOD promotes a sustainable lifestyle by creating a dense, walkable community that reduces the need for driving, thereby lowering energy consumption and greenhouse gas emissions. San Antonio benefits from a well-developed transportation network, including major highways, public transit, and proximity to the San Antonio International Airport. The TOD’s location is strategically positioned to leverage this connectivity, providing easy access to key areas within the city and beyond. San Antonio has a diverse economy with key industries that include healthcare, military, tourism, and manufacturing. Major employers in the area include the United Services Automobile Association (USAA), Valero Energy, H-E-B, and several military installations. The TOD is located just minutes from Port San Antonio and Lackland Air Force Base, two of the largest employers in the region. It is also situated directly across from Pearsall Park, part of the Greenway Trails system covering 100 miles of interconnected parks and trails, which offers easy access to recreational amenities, enhancing its appeal to potential residents and businesses.