This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

0 FM 1103

24.17 Acres of Commercial Land Offered at $3,000,000 in Cibolo, TX 78108

Investment Highlights

  • Completed Site Assessment & Development Feasibility Report Provides Summary of the property
  • Right-of-Way Dedication - FM 1103 widening in process and required
  • Drainage - 100% Floodplain, FEMA flood study required and possible CLOMR or development uses that can be in the floodplain like RV park or public park
  • Zoning - Frontage is C-3 & Rear is SF-2 & Platting - A subdivision plat required
  • Utilities - Available along FM 1103; City of Cibolo Water & Wastewater; GVEC for electric; Spectrum cable; AT&T telephone
  • Comal County Floodplain Development Code allows the foundation to be built 2 feet above the floodplain, so need this or a flood study

Executive Summary

My advice is $2,000,000 for the front 4.36 acres of developable property and $1,000,000 for the back 2.52 acres of developable property.
Site Assessment & Dev Feasibility Report - Provides lots of summaries/descriptions and her are the highlights:
Zoning - Frontage is C-3 & Rear is SF-2
Platting - A subdivision plat required
Right-of-Way Dedication - FM 1103 widening in process and required
Utilities - Available along FM 1103; City of Cibolo Water & Wastewater; GVEC for electric; Spectrum cable; AT&T telephone
Drainage - 100% Floodplain, FEMA flood study required and possible CLOMR or development uses that can be in the floodplain like RV park, public park, golf course, parking, etc.

Property Facts

Price $3,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Single Family Development
Total Lot Size 24.17 AC

1 Lot Available

Lot

Price $3,000,000
Price Per AC $124,121
Lot Size 24.17 AC

The 24.17 acres has 96% floodplain. There are two developable portions of the property despite the floodplain (see images): 4.36 acres which were recommending $2,000,000 2.52 acres which were recommending $1,000,000 17.29 acres floodplain/floodway

Description

Site Assessment & Dev Feasibility Report - Provides lots of summaries/descriptions and her are the highlights: Zoning - Frontage is C-3 & Rear is SF-2 Platting - A subdivision plat required Right-of-Way Dedication - FM 1103 widening in process and required Utilities - Available along FM 1103; City of Cibolo Water & Wastewater; GVEC for electric; Spectrum cable; AT&T telephone Drainage - 100% Floodplain, FEMA flood study required and possible CLOMR or development uses that can be in the floodplain like RV park, public park, golf course, parking, etc. Comal County Floodplain Development Code allows the foundation to be built 2 feet above the floodplain, so you would need a development that can do this, complete a a flood study to see how much property out of the floodplain you could recapture with adequate stormwater drainage improvements so you don't effect HEB your downstream neighbor or do a development like RV Park, Parking, Park, etc. that can be developed within the floodplain without substantial site improvements.

zoning

Zoning Code C3 & SF-2 (Frontage is C-3 & Rear is SF-2 See Attached City of Cibolo Zoning Guide Comal County allows foundations to be built 2ft above the floodplain)
C3 & SF-2 (Frontage is C-3 & Rear is SF-2 See Attached City of Cibolo Zoning Guide Comal County allows foundations to be built 2ft above the floodplain)
  • Listing ID: 24360291

  • Date on Market: 10/25/2021

  • Last Updated:

  • Address: 0 FM 1103, Cibolo, TX 78108

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}