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508 Craddock Ave - Old Ranch Road 12 & Craddock

2.75 Acres of Commercial Land in San Marcos, TX 78666

Investment Highlights

  • Ideal Hard Corner just minutes from Texas Statue University
  • Close Economic drivers such as new $267M Hill Country Studios
  • Dense residential node on west side of San Marcos

Executive Summary

Jones Lang LaSalle Capital Markets Group (“JLL”) is excited to present the opportunity to purchase ±2.75-acres at Old Ranch Road 12 & Craddock (the “Property” or “Site”) in San Marcos, Texas just off the IH-35 corridor. The Site boasts an ideal location at the busy intersection of Old Ranch Road 12 and Craddock Avenue. Situated on the western side of the San Marcos MSA, it offers convenient access to downtown San Marcos via Old Ranch Road 12. This prime location is perfect for a retail development given residential homes, multifamily developments, and student housing surround it. The Site is prominently located in front of The Retreat student housing development and is within close proximity to other neighborhoods such as Hughson Heights, Sierra Circle, Oak Heights, and the Greater Castle Forest neighborhood. Additionally, it is less than a mile away from Texas State University, the 7th largest public higher education institution in Texas. With its Community Commercial zoning, the property offers flexibility for retail, entertainment, restaurant, and other commercial developments.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Bank
  • Bar
  • Carwash
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 2.75 AC

1 Lot Available

Lot

Lot Size 2.75 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R135857
Land Assessment
$1,091,520
Improvements Assessment
$0
Total Assessment
$1,091,520

zoning

Zoning Code Community Commercial (Community Commercial via City of San Marcos)
Community Commercial (Community Commercial via City of San Marcos)
  • Listing ID: 31865723

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 508 Craddock Ave, San Marcos, TX 78666

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