$1,100,000
San Marcos, TX 78666
Description
A 10 acre tract of land conveniently located off of State Highway 21 is immediately ready for your next development. The property’s location outside of city limits make it an ideal candidate for a wide variety of uses including warehouse, contractors yard, self storage facility, RV park, or a mixed use development. The property features 5 buildings with 5 currently occupied units totalling $3,500 in monthly rental income. Units A&B are a combined commercial space that was previously rented to a church. Two of the buildings (units F & I) are in need of renovation. The property is in close proximity to several large-scale single family home developments, the San Marcos Regional Airport, Texas State University, the San Marcos River, and the ever growing I-35 corridor. Also benefiting this property is the incoming FM 110 Loop around San Marcos which will provide new transportation avenues and additional commercial growth to the area. TXDOT is currently upgrading State Highway 21 in the immediate vicinity of the property which will facilitate increased traffic flow across the site's approximately 297 feet of road frontage. Investment/development strategies include: site redevelopment into self-storage, industrial warehouses, RV park, mobile home park, multi-family, residential, or mixed use.
Key Features
- Price $1,100,000
- Property Type Residential Income
- Acres 10 Acres
- Utilities See Remarks
- City San Marcos
- Status Contract Pending
Improvements
- Fence: See Remarks
- Heating: See Remarks
- Permit internet: 1
- Pool: None
- Roof: See Remarks
Other
- City: San Marcos
- County: Hays
- State: TX
- Zipcode: 78666
- Year Built: 1991
- Subdivision: N/A
Property Map
From San Marcos, take Hwy. 21 East, headed towards Bastrop, go past the Airport, property to the left as the road begins to narrow from 4 lanes to 2.
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #8071883 Courtesy of Classen Realty Group. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
