0 Redwood Rd San Marcos, TX 78666
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.