What is actually being built in San Antonio right now?
Two master-planned projects near the I-75 and SR 52 interchange, Double Branch and Abbey Crossings, plus a Target fulfillment center off I-75 and an Amazon Robotics site at Eagle Industrial Park on SR 52. Entitled square footage and delivered square footage are different numbers, and the gap between them is where the risk lives.
Is San Antonio a good place to buy commercial property?
It depends on your timeline and what you need the property to produce. The infrastructure investment is real and the entitlements are in place. Absorption is the open question. An owner-user with a 15-year horizon reads this market differently than an investor who needs the space leased in 12 months.
How did the SR 52 realignment change property here?
It moved the traffic. The new four-lane divided alignment runs south of San Antonio and St. Leo, and the former route through town carries County Road 52. Property that once sat on a state road now sits on a county road. Some of that ground lost pass-through traffic and some gained a quieter, more local character. Know which side of that line a property falls on before pricing it.
I own land near SR 52. Should I sell now or hold?
Holding costs money and so does selling at the wrong point in a cycle. The question is whether your parcel benefits from what's being built or competes with it. Land that supports a use the new development creates demand for is in a different position than land competing with 400,000 square feet of entitled retail. I work through that against your actual numbers and timeline.
What kinds of commercial property are in San Antonio?
Neighborhood commercial along the older streets, small office and service space, industrial and warehouse at and near the interchange, and development land in between. The mix is changing as the interchange projects deliver.
Does the new retail at the interchange help my property?
Sometimes. New anchors bring traffic and rooftops, and they also bring competing space. A service business near the interchange may gain. A retailer selling what a new anchor sells may not. The honest answer requires looking at the specific property and use.
What should an owner consider before selling commercial property in San Antonio?
What the property is worth today, what it could support under current zoning, and who the realistic buyer is. A San Antonio property draws a different buyer pool than a comparable property in Wesley Chapel or Tampa, so pricing and marketing should reflect that.