11 AC Land - Shovel Ready | Bulverde Office/Condo

Investment Overview

Overview: This 11-acre, Lot 3, shovel-ready development site is on Bulverde Rd in Comal County. The site is fully entitled under C2-PDD (Planned Development) zoning. Completed: City of Bulverde Development Approval w/Permit in hand, Bulverde Tree Mitigation fees paid, Texas Water Company water tap/meter w/7-LUE's paid and installed, TCEQ CZP permit, Septic engineering. Project: 11 office condominium buildings totaling 35,970 SF of NRA, averaging 3,270 SF per building. Full civil site plan and engineering is complete. Site: Reflects Hill Country-inspired architecture: standing seam metal roofs, rough limestone masonry, and large porches, consistent with the City of Bulverde's Article 14.10 design standards. 160 parking spaces are designed into the approved layout. Existing Improvements: A 1,792 SF existing structure sits on the site and is a renovation candidate. Opportunity: This is a land + entitlements sale, the buyer completes construction. Priced to reflect the entitlement work already done; contact broker for pricing.

Investment Highlights

• Shovel Ready 11-acre Office Condo Project
• C2-PDD zoned for 11 office condominium buildings totaling 35,970SF NRA
• Full civil site plan and engineering complete
• Water to site - 7-LUE's
• Village of Bulverde on North side of Bulverde Rd, just west of US Hwy 281 25 miles north of San Antonio
• Comal County office submarket vacancy of 3.5%, positive absorption
• Bulverde population 7,198± (2024), growing ~3.1%/yr Median household income $112,188 — well above regional average
• 160 parking spaces designed into approved site plan
• Future On-site food truck park amenity on Lot 2
• Existing 1,792 SF structure on-site, renovation candidate