ALAMOHEIGHTS, TX, 78209, 78209

Set on a rare 0.41-acre lot in the heart of Alamo Heights, this four-unit property is first and foremost a land opportunity, with the existing occupied structure offering optional interim use or a potential teardown. Positioned between Broadway Street and Cambridge Oval, the location is exceptional-highly walkable to neighborhood favorites like Merit Coffee, Bird Bakery, and Paloma Blanca, with Central Market and H-E-B just minutes away. The true value lies in the size, zoning, and flexibility of the site. Zoned MFD, the 0.41-acre parcel presents a range of redevelopment possibilities, from a luxury multi-unit project or condominium development to a boutique residential enclave or even office/medical use, subject to city approval. Based on preliminary guidance, the City of Alamo Heights may allow increased density, potentially up to nine units, though all development potential, zoning, and restrictions should be independently verified. The existing four-unit building could be maintained for short-term income while plans are developed, or removed entirely to fully realize the highest and best use of the property. Offered as-is, this is a rare opportunity to acquire a sizable, well-located parcel in one of San Antonio's most desirable neighborhoods, where the land itself presents the greatest upside and long-term potential.