224 W Martin Luther King Drive

San Marcos, TX 78666
$769,000

Description

Prime Development Site. The site consists of 2 contiguous parcels totaling approximately .4038 acres(224 W. MLK & 145 Feltner Alley). 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 lots are currently vacant and have utilities from the City of San Marcos. 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. As of this publication, there are limited opportunities to purchase lots zoned CD-5D in the Downtown Area.

  • Property Details
    • Measurements
      • Acres:0.404
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Community and Neighborhood Details
    • Location
      • School district:San Marcos Cisd
    • Community
      • Subdivision:Original Town Of San Marcos
  • Other
    • Source
      • MLS #:462262

Location

Jeremy FayReal Estate Group
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