1.71 AC Pad By San Marcos Outlet Malls

Highlights:

• Fully Entitled 1.71-Acre Pad Site with All Utilities Stubbed and Detention in Place
• Strategically Located at the Entrance of a 270-Unit Build-to-Rent Community Currently Under Construction
• Zoned CD-5 (Character District 5), Supporting a Wide Range of Mixed-Use Development Opportunities
• Positioned Directly Across from the San Marcos Outlet Mall, One of the Largest Retail Destinations in Texas
• Situated Within the Austin–San Antonio Growth Corridor, One of the Fastest-Growing Regions in the U.S.

Description:

Marcus & Millichap is pleased to offer for sale the 1.71-acre pad site located along Center Point Road in San Marcos, Texas. The site is positioned at the entrance of a 270-unit build-to-rent community currently under construction. A significant advantage for developers is that the property is fully entitled, which substantially reduces development timelines. All utilities will be stubbed to the site, and detention is already in place, allowing a new owner to quickly proceed with site plan approval and construction permitting. Zoned CD-5 (Character District 5), the property allows for a wide range of mixed-use development opportunities.

This site is ideally situated just off Interstate 35 and directly across from the San Marcos Outlet Mall, which attracts over 14 million visitorsannually and generates consistent traffic and commercial activity in the area. San Marcos accounts for nearly half of Hays County’s 12.6 million square feet of retail inventory, anchored by the San Marcos Premium Outlets and Tanger Outlets, which rank among the largest retaildestinations in Texas. The surrounding area exhibits strong population and income growth. Within a five-mile radius, the population exceeds 53,000 residents, with an annual growth rate of 1.54 percent and a 10-year historical average of 3.15 percent. San Marcos’s rapid expansion isattributed to its location within the Austin–San Antonio growth corridor, one of the fastest-growing regions in the United States. Ongoingbusiness relocations, educational institutions, and large-scale master-planned communities are driving sustained demand in the market. Theproperty is located just 2.9 miles from the Central Texas Medical Center and less than half a mile from Kissing Tree, a premier 3,200-home, 55-plus master-planned community.

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