Flex Space with Open Main
New
For Sale
$350,000
5035 Cedarside Street, San Marcos, TX 78666
CommercialSale, San Marcos, TX
Property Size2,400 SF
Lot Size0.38 Acres
Price / SF$145.83
Days on Market1
Property Features for 5035 Cedarside Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway, Special Needs
Exterior features
Storage
Subdivision
Economy Homes
Lot features
Level, Outside City Limits
Directions
From IH 35 and SH 123 head towards Seguin on 123. Right on FM 1978 and Right on Cedarside. Property is on your right.
Standard status
Active
APN
21517
Size
2,400 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT: 65 BLK: ADDN: ECONOMY HOMES 0.3780 AC.
Legal Description
LOT: 65 BLK: ADDN: ECONOMY HOMES 0.3780 AC.
Utilities
Sewer type
Public Sewer, Septic Tank
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2001
Floors in Building
1
Flooring type
Concrete
Building materials
AluminumSiding, MetalFrame
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Red Mansions Realty
(830) 832-6874
Listed By:
Lori Rathburn · License #0706853
(512) 751-6928
Added: Nov 2
Last Checked: Nov 2 at 3:06PM
MLS# 629126
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex property has a front entrance area and an expansive open main hall, creating a clear division between customer-facing functions and work or storage space. Concrete flooring, metal roofing, aluminum siding, and a metal-frame structure are among the building’s physical features. The property was built in 2001 and sits on a 0.378-acre lot with approximately 16 parking spaces.
Located at 5035 Cedarside Street in San Marcos, the property is just outside the city limits, with access to I-35 and the Austin–San Antonio corridor. Public water is available; the source lists both public sewer and septic service.
Located at 5035 Cedarside Street in San Marcos, the property is just outside the city limits, with access to I-35 and the Austin–San Antonio corridor. Public water is available; the source lists both public sewer and septic service.
Key Highlights
- 2,400 square feet of building area
- 0.378‑acre lot
- Approximately 16 dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,163
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,260
$483.3K
Cap Rate 7%
$345,186
$345.2K
Cap Rate 9%
$268,478
$268.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$35.7K $14.88/SF
− Vacancy
−$7.3K −$3.04/SF
EGI
$28.4K $11.84/SF
− OpEx
−$4.3K −$1.78/SF
NOI
$24.2K $10.07/SF
Area
Hays County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,260
Cap Rate 7%
$345,186
Cap Rate 9%
$268,478
Alternative Uses
Best Use
Warehouse
$345.2K
$302.0K – $402.7K
NOI $24,163 @ 7.0% cap · market cap 6.90%
Second Best
Industrial
$306.8K
$268.4K – $357.9K
NOI $21,474 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.00M
$877.9K – $1.17M
NOI $70,228 @ 7.0% cap · market cap 20.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A front reception area and broad rear floor provide distinct spaces for customer-facing activity and operations.
Where is this flex space located?
The property is located at 5035 Cedarside Street San Marcos, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,400 square feet of building area; 0.378‑acre lot; Approximately 16 dedicated parking spaces
