8.7 Acre Eckhardt Rd Retail Development FOR SALE


Schertz, TX
$5,690,000 USD
726-238-3014
, Schertz, TX for Sale
$5,690,000 USD
FOR SALE
1/18
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8.7 Acre Eckhardt Rd Retail Development
Schertz, TX


OVERVIEW

Exceptional 8.7-Acre Retail/Office Development Opportunity! The 8.7 acres are fully platted into four (4) commercial lots, with Lot 1 approved by the City of Schertz to begin construction immediately. Lot 1 – 5.778 Acres Lot 2 – 1.161 Acres Lot 3 – 0.881 Acres Lot 4 – 0.870 Acres City of Schertz–Approved Site Plans for Lot 1 (5.778 Acres) Retail Buildings • Building #1: 29,651 SF • Building #2: 10,068 SF Total Retail Construction: 39,719 SF Garden Office Buildings • Office #1: 5,082 SF • Office #2: 5,070 SF • Office #3: 5,104 SF Total Garden Office Construction: 15,256 SF Total Approved Construction on Lot 1: 54,975 SF Prime location for retail, office, or mixed-use development in a rapidly growing corridor with strong demographics and traffic counts. Price: $5,690,000 (˜ $15/SF) Additional Upside The three remaining lots total approximately 126,847 SF and can be sold, held, or developed. At an average sales price of $23/SF, the 3 lots could generate approximately $2.9M, with estimated Seller Net proceeds of $2.7M, reducing your effective land cost basis on Lot 1 to roughly $3M (˜ $11.90/SF).

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John NotzonKeller Williams Realty, IH-10 Market CenterMore Info
726-238-3014

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John NotzonKeller Williams Realty, IH-10 Market CenterMore Info
726-238-3014

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.