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Mixed-Use Commercial Land
For Sale
$325,000

215 Cheatham Street, San Marcos, TX 78666

CommercialSale, San Marcos, TX

Property SizeContact for details
Lot Size0.19 Acres
Days on Market287

Property Features for 215 Cheatham Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CD-5D
Subdivision Katy Add
Lot features City Lot, Less Than Quarter Acre
Elementary school district San Marcos Cisd
Middle school district San Marcos Cisd
High school district San Marcos Cisd
Directions from I-35 South, take exit 204. Cross the river ad turn right on McKie Street. Continue 4 blocks. Property is at the intersection of Mckie and Cheatham.
Standard status Active
APN R33116
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KATY ADDITION, BLOCK 1, LOT PT OF 6, ACRES .191
Tax Annual Amount 1165
Legal Description KATY ADDITION, BLOCK 1, LOT PT OF 6, ACRES .191

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Kelly Right Real Estate of Tex
Listed By: Ann Flink · License #0729218
Added: Nov 10, 2025 Changed: Aug 20 Last Checked: Aug 24 at 5:06PM
MLS# 597557

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering comprises side-by-side parcels at 209 and 215 Cheatham Street in San Marcos. The property is zoned CD-5D, a downtown character district that supports higher-density residential, live-work, retail, hospitality, and mixed-use development. The zoning allows up to 24 units per acre for townhome, multifamily, boutique commercial, or shopfront mixed-use concepts.

The site has over 150 feet of frontage at Cheatham and McKie, with public water, wastewater, and electric available at the street. A recent survey is included, and the adjoining parcels can be planned together for shared parking, utilities, circulation, or phased development. Downtown San Marcos is 1/2 mile away, Texas State University is 1 mile away, and the San Marcos River is only blocks from the property. Regional access is provided by I-35 and Highway 123.

Key Highlights

  • CD‑5D zoning supports residential, live‑work, retail, hospitality, and mixed‑use development
  • Over 150 feet of frontage at Cheatham and McKie
  • Up to 24 units per acre permitted for certain residential and mixed‑use concepts

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,522
Businesses Nearby

Demographics for 78666, TX

86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - CD-5D-zoned infill land with public water, sewer, and electric available at the street.
Where is this commercial land located?
The property is located at 215 Cheatham Street San Marcos, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: CD‑5D zoning supports residential, live‑work, retail, hospitality, and mixed‑use development; Over 150 feet of frontage at Cheatham and McKie; Up to 24 units per acre permitted for certain residential and mixed‑use concepts
More about this property
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