Hwy 281 At TPC Parkway
San Antonio, TX 78258

"Absolute Auction – In-N-Out Burger Adjacent Parcel (the Land or Property) is ±1.67 acres of development land adjacent to an In-N-Out Burger restaurant in a Target anchored shopping center and located on the southeast corner of US Highway 281 and TPC Parkway in San Antonio, Texas. With a diverse mix of commercial uses and residential communities within the immediate area, this offering provides the opportunity to develop an extremely well-located asset within a dense retail corridor in an affluent regional submarket. The Land is located on the SEC of US Hwy 281 and TPC Parkway in San Antonio, Texas. The Property is situated in a retail corridor with numerous restaurants, national retailers in proximity to the Property. Other retail traffic drivers in the area include several single family and multifamily residential communities. The Property is in the north central submarket of San Antonio, a suburban community located just north of San Antonio’s outer loop and home to San Antonio International Airport as well as many corporate employment drivers. The average daily traffic at this Property is over 100,000 VPD. This Pad Development Site is located in a highly commercial corridor with multiple retail and restaurant businesses. The wider area is also an established residential area that has approximately ±157,984 individuals residing within a five-mile radius of the property and an average household income of ±$119,095. In 2018, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$1.83B. Nearby retailers include Target, Sam’s Club, H-E-B plus!, Chipotle, Petco, AT&T, Alamo Cinema, Pei Wei, In-N-Out Burger and numerous others. San Antonio is a major city in south-central Texas with a rich colonial heritage. San Antonio is the center of the San Antonio–New Braunfels metropolitan statistical area. Commonly called Greater San Antonio, the metro area has a population of 2,473,974 based on the 2017 U.S. census estimate, making it the 24th largest metropolitan area in the US and third-largest in Texas. Growth along the Interstate 35 and Interstate 10 corridors to the north, west and east make it likely that the metropolitan area will continue to expand. The North Central Submarket is directly north of the CBD and is home to San Antonio International Airport (SAT). The North Central Submarket offers easy access to the airport and is close to several of San Antonio’s most sought-after residential neighborhoods, including Alamo Heights and Terrell Hills. Medical, financial, and government tenants predominate here with medical tenants drawn by the nearby South Texas Medical Center, while government tenants spill over from the numerous military installations based in the metro. "