1 Center Point Rd San Marcos, TX 78666
Two exceptional commercial land tracts are available for sale in San Marcos, Texas, situated within the burgeoning Village at Centerpoint Station community. These out-parcels present a unique investment opportunity for developers, investors, and end-users. Tract 1 encompasses approximately 1.71 acres and is conveniently located east of the main drive, with access points planned on Center Point Road and Transportation Way. All utilities will be readily available at the site or within the right-of-way. Tract 2, measuring approximately 3.49 acres, also benefits from access via Transportation Way. While inter-use access may require a shared right-of-entry agreement or a dedicated access drive, the strategic location offers significant potential. The Village at Centerpoint Station, a 270-unit master-planned build-for-rent project, is slated to commence construction before year's end, with completion anticipated within 28-36 months. This thriving community will provide ample amenities, further enhancing the value and appeal of these prime development sites. The tracts are available for sale individually or jointly, catering to diverse investment strategies and development plans. Located at Lot 1 Centerpoint Rd, San Marcos, TX 78666, in Hays County, these parcels offer unparalleled access and visibility. This is a rare chance to acquire land in a rapidly growing area with significant future development potential.
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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Risks
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