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Property profile & analytics
OFF-MARKET
Land

0 Redwood Rd San Marcos, TX 78666

2.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.54-acre commercial land tract presents a unique investment opportunity in the rapidly developing San Marcos, Texas market. Strategically located at the northeast corner of Redwood Rd (County Rd 245) and Old Bastrop Rd (FM 101), this property enjoys unparalleled accessibility with close proximity to IH-35 N, providing easy access from both north and south. The OCL (Outside City Limits) zoning allows for a variety of commercial development options. The land is priced at $14 per square foot. Surrounding the property are major multi-family and single-family developments, underscoring the area's robust growth trajectory. The site benefits from the presence of all necessary utilities and is conveniently located near the San Marcos Outlet Mall and the vibrant downtown area, offering abundant restaurants and shopping amenities. This prime location, coupled with the area's rapid development, makes this a compelling investment prospect for discerning buyers seeking high-growth potential. The property's size and strategic location make it ideal for a variety of commercial uses.

Property profile
Verified
Property type Land
Lot 2.54 ac (110,642 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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