8.7 Acre Eckhardt Rd Retail Development 4 biens | À vendre | 4 913 201 € | Schertz, TX

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).