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Industrial Flex Facility with Yard

1910 S Interstate 35 San Marcos, TX 78666

1910 S Interstate 35, San Marcos, TX, 78666
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For Sale
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Industrial-flex facility on 1.65 acres with 3-phase power and ample yard/parking capacity.

Property Size11,500 SF
Price / SF$216.96
Days on Market112

Property Features for 1910 S Interstate 35

General Information

Standard status
Active
Size
11,500 SF
Property subtype
Office
Listing agency Warren Realty Company
Listed by Caleb Warren · License #TX643078
Source Crexi
Added: Apr 2 Updated: Jul 21 at 3:24AM Checked: Jul 21 at 3:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Warren Realty Company


Investment Insights

Based on property information with market context.

1910 IH-35 South is an approximately 11,500-square-foot industrial/flex facility set on 1.65 acres. The property is described as having a functional layout supported by 3-phase power, along with ample yard and parking capacity.

The site is located along the highly trafficked Interstate 35 corridor in San Marcos, Texas. It is identified as having heavy commercial zoning (HC), supporting a wide range of uses.

For buyers seeking a commercially zoned industrial-flex asset with outdoor space and power capacity, this property’s combination of building area, yard/parking, and HC zoning is central to its operating flexibility.

Key Highlights

  • Approximately 11,500 SF industrial/flex facility
  • Set on 1.65 acres with ample yard/parking capacity
  • 3‑phase power available

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $171.1k $14.88
− Vacancy −$34.9k −$3.04
EGI $136.2k $11.84
− OpEx −$20.4k −$1.78
NOI $115.8k $10.07
11,500 SF · lease $14.88/SF/yr · vacancy 20.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,780 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$1.47M
$1.29M – $1.71M (±1% cap)
NOI $102,894 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$4.81M
$4.21M – $5.61M (±1% cap)
NOI $336,510 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Building Supply Law Firm Electrical Service Home Appliance Store Hotel & Motel Veterinary Clinic Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Industrial-flex facility on 1.65 acres with 3-phase power and ample yard/parking capacity.
Where is this flex space located?
The property is located at 1910 S Interstate 35 San Marcos, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Approximately 11,500 SF industrial/flex facility; Set on 1.65 acres with ample yard/parking capacity; 3‑phase power available
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