Thursday, December 9, 2010

San Antonio, TX, $298K, 10+ ac, 1K+ front, 80% owner 1st, 7% BBC


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Land For Sale


$298K, 10+ ac, 1K+ front, 80% owner 1st, 7% BBC
8351 Braun Road, San Antonio, TX 78254
8351 Braun Road, San Antonio, TX 78254

8351 Braun Road, San Antonio, TX 78254

Price:$297,195
Lot Size:10.74 AC
Property Type:Land
Property Sub-type:Residential (land)
Additional Sub-types:Multifamily (land)
Office (land)
Retail (land)
Tax ID / APN #:685676
Zoning Description:“R-5“ Residential Single-Family District (Sec. 35-310.05)
Features:
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane
  • Last Verified 12/9/2010
    Listing ID 16930503





    1 Lot Available



     
    Lot 1

     Price:$297,195 
     Lot Size:10.74 AC 
     Price/AC:$27,671.79 
     Lot Type:Residential (land) 
     Commission Split:7% 
     Irregular. 10.74 total acres with 4.36 est. net usable acres. 1,062' est. net usable frontage. $59,439 down. $1,703 monthly P&I. 





    Map of 8351 Braun Road, San Antonio, TX 78254 (Bexar County)


    Find out more about 8351 Braun Road, San Antonio





    Highlights
    10+ ac 1,200+' Braunfrontage, 4.3 usable acres nicely wooded and zoned R-5 (minimum 5K SF residential lots, church, nursery or school)
    Census tract outperform all Benchmarks with highest %: (a) $100K+ households, (b) $1M+ household net worth, and (c) at least Master' s degree
    Compared to San Antonio, Bexa & TX, zip has: (a) hig-est % owner occ homes, (b) lowest vacancy rates & (c) lowest % tenant occupied
    1-mile radius vs City: (a) 84% higher % pop growth, (b) 47% higher after tax income, (c) 51% higher income and (d) 241% higher $100K families
    Excellent schools as all 3 have high GreatSchools ratings, the elementary TEA Exemplary school & middle & high schools TEA Recognized
    In the resilient San Antonio CBSA, one of the strongest US regional economies with a $50B+ economy and 2%+ annual population growth







    Description
    On Braun Road in the prestigious Oak Grove/Bandera area of north San Antonio area just inside Loop 1604 North and west of Bandera Road (Texas Highway 16).

    The Census Tract outperforms all Benchmarks* in most demographic and econometric key indicators. Extraordinary potential to meet unmet local retail demand: top 3 avg. $16M+ annual potential revenues, top 5 avg. $11M+, top 10 avg. $6.7M+ and top 5 each are at least $5M+.

    6 of the 7 offerings include 80% potential owner 1st financing and 7% buyer broker commission.

    The property is offered 7 ways.

    This offering is for 8351 Braun Road (all 3 tracts). $297,195. 10.74 total acres with 4.36 est. net usable acres. 1,062' est. net usable frontage. $59,439 down. $1,703 monthly P&I.

    *All net usable acreages, net usable frontages and monthly P&I monthly payment estimates are by Coldwell Banker Commercial Southwest Partners.

    TWO OWNERS ARE REAL ESTATE BROKERS

    Two owners are Texas licensed real estate brokers. They are NOT representing themselves and they are NOT receiving any commissions payable under the listing agreement.
    (50) In the San Antonio CBSA. The San Antonio CBSA is a $50B+ economy. The population is projected to increase by 2.04% per year.

    (51) Easy access to and from Loop 1604 N. It is just 1.8 miles (3 min.) to Loop 1604 North at the Braun Road interchange and 2.5 mi. (4 min.) from the Bandera road in-terchange.

    (52) Extremely dense area. In very dense areas, we normally limit this analysis to a 1-mile radius and the specific zip code of the property. With a density of 4,444 per square mile at a 1-mile radius compared to 1,131 in the 78524 zip code and 1,261 in Bexar County, for this market, we consider the immediate area extremely dense .

    (53) Excellent proximity to major highways. 7.7 mi. to I 10 & N Loop 1604, 8.6 mi. to I 10 & I 410 W, 11.2 mi. to I 10 & TX 15, 18.2 mi. to I 35 N & I 410 W, 22.9 mi. to I 10 & I 410 E, 25.3 mi. to I 35 & North Loop 1604 W, and 28.6 mi. to I 37 S & I 410 S.

    (54) Excellent access to downtown and the airport. 14.2 mi. to the San Antonio International Airport and 16.2 mi. to downtown.






    Debt & Equity Information
    Debt Type Proposed 
    Loan Amount $237,756 
    Interest Rate 6% 
    Amortized Over 20 
    Due In
    Annual Debt Service $20,440 
    Down Payment $59,439 
    Loan Description

    DOQ based on $297,195 price, owner may provide a $237,756 owner 1st @ 6% 20-yr amort & 5-year balloon. $1,703 P&I . $201,854 balloon.




    Additional Photos

    2-Offering table

    2-Offering table


    3-view west on Braun

    3-view west on Braun


    4-view east on Braun

    4-view east on Braun


    5-nice home site

    5-nice home site


    6-Braun Forest

    6-Braun Forest


    7-Meadow framed with trees

    7-Meadow framed with trees


    10-entire offering composite

    10-entire offering composite


    11-entire offering table

    11-entire offering table


    20-satellite

    20-satellite


    21-hybrid

    21-hybrid


    22-satellite neighborhood

    22-satellite neighborhood


    23-satellite half-mile radius

    23-satellite half-mile radius


    24-satellite one-mile radius

    24-satellite one-mile radius


    30-sample site plans

    30-sample site plans


    31-easement and net acreage estimates

    31-easement and net acreage estimates


    32-flood plain map NONE of net usable acres are in flood plain

    32-flood plain map NONE of net usable acres are in flood plain


    33-1, 3 & 5-mi radius map

    33-1, 3 & 5-mi radius map


    34-San Antonio map

    34-San Antonio map


    35-map from I10 & 1604 North Loop

    35-map from I10 & 1604 North Loop


    36-Map from I410 and US87

    36-Map from I410 and US87


    37-map TX16 & TX151

    37-map TX16 & TX151


    38-miles to key San Antonio distances

    38-miles to key San Antonio distances


    40-retail gap top 10 by total $ table

    40-retail gap top 10 by total $ table


    41-retail gap top 10 by total $ chart

    41-retail gap top 10 by total $ chart


    42-retail gap avg top 3, 5 & 10 by total $ chart

    42-retail gap avg top 3, 5 & 10 by total $ chart


    43-retail gap top 10 by household $ table

    43-retail gap top 10 by household $ table


    44-retail gap top 10 by household $ chart

    44-retail gap top 10 by household $ chart


    45-retail gap avg top 3, 5 & 10 by household $ chart

    45-retail gap avg top 3, 5 & 10 by household $ chart


    46-retail gap top 10 by person $ table

    46-retail gap top 10 by person $ table


    47-retail gap top 10 by person $ chart

    47-retail gap top 10 by person $ chart


    48-retail gap avg top 3, 5 & 10 by person $ chart

    48-retail gap avg top 3, 5 & 10 by person $ chart


    50-total $ local economy

    50-total $ local economy


    51-unemployment

    51-unemployment


    52-median home values 2010 & 2015

    52-median home values 2010 & 2015


    53-% $250K-$499K household net worth

    53-% $250K-$499K household net worth


    53-% $500K-$999K household net worth

    53-% $500K-$999K household net worth


    55-% $1M+ household net worth

    55-% $1M+ household net worth


    56-median household net worth

    56-median household net worth


    60-avg household income

    60-avg household income


    61-avg disposable household income

    61-avg disposable household income


    62-% $100K+ household incomes

    62-% $100K+ household incomes


    63-% $500K+ household incomes

    63-% $500K+ household incomes


    64-avg household consumer spending

    64-avg household consumer spending


    70-avg rent with utilities

    70-avg rent with utilities


    71- avg morgage vs avg disposable household income

    71- avg morgage vs avg disposable household income


    72-median mortage vs median home value

    72-median mortage vs median home value


    73-% $1.5K-$1.99K monthly mortgage

    73-% $1.5K-$1.99K monthly mortgage


    74-% $2.0K-$2.49K monthly mortgage

    74-% $2.0K-$2.49K monthly mortgage


    75-% $2.5K-$2.99K monthly mortgage

    75-% $2.5K-$2.99K monthly mortgage


    76-% home values under $20K

    76-% home values under $20K


    77-% home values $200K-$299K

    77-% home values $200K-$299K


    78-% 20-49 unit multi-family homes

    78-% 20-49 unit multi-family homes


    79-% single family detached homes

    79-% single family detached homes


    80-% vacant homes in foreclosure, in legal dispute or abandoned

    80-% vacant homes in foreclosure, in legal dispute or abandoned


    92-% finance, insurance or real estate residents

    92-% finance, insurance or real estate residents


    94-% retail employed residents

    94-% retail employed residents


    95-% male population

    95-% male population


    96-% 18-34 years old

    96-% 18-34 years old


    97-% 35-64 years old

    97-% 35-64 years old


    98-% bachelors degree highest attained

    98-% bachelors degree highest attained


    99-% at least masters degree

    99-% at least masters degree


    100-QR code

    100-QR code



    Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
    The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


     
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