120 E Martin Luther King Dr
San Marcos, TX 78666
Land For Sale
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1.36 AC
Investment Highlights
- Largest assemblage of parcels in downtown San Marcos.
- Excellent primary frontage on Fredericksburg Street and Martin Luther King Drive.
- City water, wastewater, and sewer all to site.
Property Facts
Description
The site consists of 6 contiguous parcels totaling approximately 1.36 acres. Located a short walking distance to the San Marcos Square and less than 1/2 mile from Texas State University; the location is unbeatable. The tract contains two buildings that are used as a storage warehouse/office. The City of San Marcos zoning map indicates the current zoning of Character District 5 Downtown (CD-5D) which is designed to provide for mixed use, pedestrian oriented development in the downtown area. The COSM zoning ordinances indicate up to 100% impervious cover and a maximum building height of 5-stories (75’). The high intensity zoning, prime location, and land area make this site prime for redevelopment for Apartments, Townhouses, Live/Work, Mixed Use Shopfront, or a Civic Building.
Property Taxes
| Parcel Numbers | Improvements Assessment | $375,746 | |
| Land Assessment | $862,524 | Total Assessment | $1,238,270 |
Property Taxes
