Description
A 10 acre tract of land conveniently located off of State Highway 21 is immediately ready for your next development. The propertys 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.
-
0BEDS
-
10ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
A 10 acre tract of land conveniently located off of State Highway 21 is immediately ready for your next development. The propertys 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.
© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-24T11:00:02.673.