Jackson Keller Rd. Multifamily Land

Description:

PRIME 4-ACRE DEVELOPMENT OPPORTUNITY IN CASTLE HILL, SAN ANTONIO
This strategically positioned 4-acre parcel offers a rare multifamily development opportunity in San Antonio’s desirable Castle Hill neighborhood. Located adjacent to an established assisted living community and near Legacy (Lee) High School, this site is well-suited for a 55+ independent living development or a mixed-use residential project.

• Ideal Location: Situated near a thriving senior living facility, making it an attractive option for 55+ independent living developers. Additionally, proximity to top-rated schools supports a diverse tenant base.

• Zoned for Duplex & Low-Rise Multifamily: The site allows for a flexible residential development, accommodating a mix of independent senior living, duplexes, or traditional multifamily units.

• Proposed Multifamily Concept:
○ Hypothetical design supports 118 units, averaging 813 SF per unit (mix of 1BR & 2BR layouts).
○ 57,500 SF footprint with 33% lot coverage provides ample room for community spaces and amenities.
○ 177 parking spaces and common areas, including a pool, are factored into the concept.

• Flexible Development Strategies: The owner is open to various approaches, including:
○ Targeting 55+ independent living developers due to the site’s adjacency to assisted living.
○ Replatting to separate the duplex-zoned area for alternative development or sale.

• Existing Structures: Two buildings are slated for demolition, though a durable metal structure could potentially be repurposed to reduce costs and accelerate development.

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