501 12th St - Specialty FOR SALE


Marble Falls, TX 78654
$5,250,000 USD
830-385-6184
501 12th St, Marble Falls, TX for Sale
$5,250,000 USD
Specialty - FOR SALE
1/30
null | Request Cap Rate

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501 12th St
Marble Falls, TX 78654


HIGHLIGHTS

  • Positioned on 10.28 acres with zoning that supports residential, commercial, and mixed-use development.
  • Includes existing improvements totaling 22,217 square feet with operational infrastructure on-site.
  • Features over 40,000 square feet of concrete slabs and parking for more than 275 vehicles.
  • Approximately 0.5 miles from Highway 281 and FM 1431, offering strong connectivity to major routes and downtown Marble Falls.

OVERVIEW

This 10.28-acre property in Marble Falls, Texas, presents a redevelopment opportunity within the city’s core growth area. Zoned C1-PDD, the site accommodates a broad range of uses including multifamily housing, retail, restaurants, medical, educational, and mixed-use developments. It is supported by a previously approved concept plan allowing up to 24 units per acre, offering significant flexibility for high-density projects. The property currently includes two structures totaling about 22,217 square feet, with a main building formerly used as an educational facility that features a gymnasium, commercial kitchen, offices, and restrooms, alongside a secondary building suitable for operations or storage. Over 40,000 square feet of concrete slabs and more than 275 parking spaces provide substantial site infrastructure for immediate or phased use. Strategically located approximately 0.5 miles from Highway 281 and FM 1431, the site places users near H-E-B, downtown Marble Falls, and expanding commercial corridors. With proximity to Lake Marble Falls and the surrounding Hill Country, this location is primed for residential and commercial demand driven by continued area growth and migration trends.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

10.28 AC

LAND SF

447,797 SF

ZONING

C1 PDD

APN/PARCEL ID

28822

ASK ABOUT THIS PROPERTY

Jason ColemanColeman Team RealtyMore Info
830-385-6184

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Jason ColemanColeman Team RealtyMore Info
830-385-6184

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