102 Pitt St - Residential Income FOR SALE


San Marcos, TX 78666
$525,000 USD
830-237-5356

NO PHOTO

$525,000 USD
Residential Income - FOR SALE
null | Request Cap Rate

102 Pitt St
San Marcos, TX 78666


HIGHLIGHTS

  • Great redevelopment opportunity
  • Close to downtown San Marcos, Texas State University, and I-35

OVERVIEW

Public Remarks: Situated in vibrant, downtown San Marcos, 102 Pitt St offers a great redevelopment opportunity to those looking for their next project. This location is close to downtown San Marcos, Texas State University, I-35, Medical Providers, Restaurants and so much more. The property is a combination of 2 residentially zoned lots with an existing home and outbuildings. This location would be ideal for many options. Due to the size of the lot, the possibility exists that it could be split into 3 equal-sized lots. The buyer for this property could even apply for a zoning change but currently, it is zoned Single Family. The structures on the property are grandfathered in but are not being given any value. This property is vacant and has been empty for quite a few years. The buildings do not have a value at this time and would be considered by most to be a teardown. Any re-platting or re-zoning would need to be completed after a purchase was concluded.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Single Family

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew PhillipsSRE CommercialMore Info
830-237-5356

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Andrew PhillipsSRE CommercialMore Info
830-237-5356

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.