0 Tx-123 San Marcos, TX 78666
This exceptional 17.19-acre property presents a compelling value-add investment opportunity in the thriving San Marcos, Texas market. Zoned for general commercial use, this mixed-use site boasts convenient access to major transportation arteries, including I-35, Wonder World Drive, and State Highway 123. Its strategic location places it in close proximity to a wealth of amenities and significant growth drivers. The property is ideally situated near Christus Santa Rosa Hospital, San Marcos High School, and the University of Texas at San Marcos (with its 38,873 students), ensuring a robust and diverse population base. Furthermore, its proximity to numerous retailers and substantial ongoing developments, including a large-scale television/movie studio, a sprawling industrial park, and a significant Tesla presence in nearby Kyle, underscores its exceptional potential for future appreciation. All city utilities are readily available on-site. This three-key property offers a unique chance to capitalize on the dynamic growth of San Marcos and create a thriving mixed-use development encompassing daycare/nursery, hotel, and shopping center components. The property's size and zoning flexibility allow for a wide range of development possibilities, making it an attractive proposition for discerning investors seeking significant returns in a high-growth market. The address is TX-123, San Marcos, TX 78666.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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