$1,100,000 Est. $3,912 / mo.*

4605 Airport Highway 21 Highway San Marcos , TX 78666

Property listed by Classen Realty Group.

Description

Property Type: Other
Status: Active Under Contract
Year Built: 1991
Neighborhood: N/a
Days on Website: 342
A 10 acre tract of land conveniently located off of State Highway 21 is immediately ready for your next development. The property’s location outside of city limits make it an ideal candidate for a wide variety of uses including warehouse, contractors yard, self storage facility, RV park, or a mixed use development. The property features 5 buildings with 5 currently occupied units totalling $3,500 in monthly rental income. Units A&B are a combined commercial space that was previously rented to a church. Two of the buildings (units F & I) are in need of renovation. The property is in close proximity to several large-scale single family home developments, the San Marcos Regional Airport, Texas State University, the San Marcos River, and the ever growing I-35 corridor. Also benefiting this property is the incoming FM 110 Loop around San Marcos which will provide new transportation avenues and additional commercial growth to the area. TXDOT is currently upgrading State Highway 21 in the immediate vicinity of the property which will facilitate increased traffic flow across the site's approximately 297 feet of road frontage. Investment/development strategies include: site redevelopment into self-storage, industrial warehouses, RV park, mobile home park, multi-family, residential, or mixed use.

Property Details and Features

Contact an Agent

Mike Caputo

(512) 250-0253