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3.25± AC Multifamily Development Parcel Within South Texas Medical Center - Availability Details

8830 Cinnamon Creek Drive, San Antonio, TX 78240

  • For Sale Subject to Offer
  • City San Antonio
  • Neighborhood Near Northwest San Antonio
  • Zip Code 78240
  • Market San Antonio
  • Property Type Other
  • Property Size 143,504 Sqft
  • Lot Size 3.25 Acre
  • Date Updated 29 May, 2021
Located in thriving San Antonio, this property is an ideal site for multifamily development. The property benefits from MF-33 grandfathered zoning, which allows from multifamily development up to 33 units per acres without any rezoning necessary. As one of the fastest-growing cities in the United States, San Antonio has continued to expand with an estimated population growth of 7.81% within one mile of the property over the next five years alone. The South Texas Medical Center, the only medical research and care provider in the South Texas region, and four Fortune 500 companies have headquarters within the city. According to Data USA, the largest industries in San Antonio are healthcare and social assistance, which well positions this property to ideally support this flourishing employment center being surrounded by numerous hospitals, medical centers and educational facilities. In addition to being an industrious city, San Antonio is a popular tourist destination, featuring The Alamo and downtown’s “River Walk,” which connects various parks, museums, theaters, shops, restaurants and even Mission Espada, a UNESCO World Heritage Site. Whether as a commercial or residential property, this development opportunity is perfectly situated for an investor/developer to take advantage of the city’s existing stability and continual growth. Hilco Real Estate, LLC in cooperation with Urban Country Realty LLC, Stuart Page, TX Broker, Lic. #710593.
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Location

  • City San Antonio, TX
  • Neighborhood Near Northwest San Antonio
  • Zip Code 78240
  • Market San Antonio

Contacts

broker

Jiovanny Restrepo

Hilco Real Estate

(847) 386-2282

Highlights

  • Located in an area of strong population growth (7.81% increase within 1-mile radius estimated 2020-2025)
  • Situated nearby the Bright Ideas Children’s Enrichment Center, Healthsouth Rehabilitation Institute of San Antonio (Riosa), Robert F. McDermott Elementary School, San Antonio Medical Center, South Texas Medical Center, USAA Headquarters & other hospitals/medical centers
  • Surrounding national retailers include Chase Bank, Chick-fil-A, Courtyard by Marriott, Domino’s Pizza, IBC Bank, KFC, Sonic Drive-In, Whataburger & close to Fredericksburg North Shopping Center

Attachments

Contact Listing Broker

broker

Jiovanny Restrepo

Hilco Real Estate

(847) 386-2282

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