Property Subtypes: Multi-Family, Office, Retail, Self StorageGross Land Area: 1 - 8.93 AcresSale Price: See AgentSale Terms: UndisclosedCap Rate: UndisclosedLast Updated: 6/26/2020Overview / Comments: Monterrey Village is a premier mixed-use master planned development located on the southwest quadrant of NW Loop 410 & State Highway 151 in San Antonio, Texas 78245. The Property consists of ± 8.93 remaining acres and is divisible to retail pad sites as small as ± 1 acre(s). The majority of the tracts lie within a master Planned Community Development (MPCD). This zoning gives Monterrey Village various entitlements including development of up to 2,200 units of multifamily. Most other uses would fall under San Antonio’s C-3 zoning matrix, which is the highest level of commercial zoning. No on-site detention is required on the sites. There are no Edwards Aquifer Recharge Zone issues to deal with on these tracts.Additional Details: Nearest MSA: San Antonio-New BraunfelsCounty: BexarTax ID/APN: 1245886Zoning: MPCD – GC2 & C3Area Description: Monterrey Village is strategically located on the southern boundary of the Westover Hills submarket. This area has become the hub for corporate campus and data center users in San Antonio. The west side of San Antonio also continues to be the fastest growing corridor in San Antonio from a commercial and single-family standpoint. Reasons for this continued trend include availability of utilities and technology infrastructure, lower development costs, moderately priced land and no applicable Edwards Aquifer Recharge Zone restrictions. A few of the large corporate campus and data center users located in this submarket include: Nationwide, National Security Agency (NSA), Petco, Fred Loya Insurance, Wells Fargo, Takata, World Savings, Northwest Vista College, Southwest Foundation for Biomedical Research, Southwest Research Institute, Hyatt Hill Country, Microsoft, Sea World, Christus Santa Rosa Hospital, Lowes, Frost Bank, J.P. Morgan/Chase, Kohl’s, QVC, the Hartford, Chevron, Coventry Healthcare, Valero and the Capital Group.Zoning Description: MPCD – GC2 & C3: Master Planned Community District with commercial zoning allowing a variety of uses including, but not limited to: retail, office, medical, multifamily, senior living, hotel, self-storage, charter school and more.
