604 Carolina StSan Antonio, TX 78210

Property Details for 604 Carolina St

Year built

1961

Lot size

7.00 AC

Property size (Sq ft)

4,700 SF

Property type

Auto shops

APN

00678-030-0011

APU

6780300011

Description

This exceptional 7.708-acre commercial land parcel presents a remarkable development opportunity in San Antonio, Texas. Located at 604 Carolina St, in Bexar County, zip code 78210, this property boasts an advantageous Infill Development Zone (IDZ) designation, permitting up to 100 residential units per acre. Its prime location offers unparalleled access to major transportation arteries, including I-37 and proximity to I-10, ensuring seamless connectivity throughout the city. Situated less than half a mile south of the Alamodome and a mere five-minute drive from downtown San Antonio, this site also benefits from its close proximity to the Pearl District and the future San Antonio Missions Minor League Baseball Facility. The property is ideal for ground-up development or strategic land holding, capitalizing on the vibrant growth and increasing demand in this rapidly developing area of San Antonio. This is a rare chance to acquire a substantial tract of land in a highly desirable location with significant potential for future appreciation. The property's zoning and location combine to create a compelling investment opportunity for developers seeking to capitalize on the burgeoning San Antonio real estate market. This is a truly exceptional opportunity to acquire a significant piece of San Antonio's future.

• CAP approach

  CAP return

  Valuation

  6%

  $1,366,166

  6.5%

  $1,261,077

  7%

  $1,171,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,691,786

  Geo Method

  $2,691,786

• Alternative Use

  Use

  Valuation

  Residential

  $1,063,765

  Hospitality

  $974,403

  Educational

  $810,692

  Medical

  $838,573

  Retail

  $1,261,077

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4045

Longitude

-98.4773

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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