510 ACRE DEVELOPMENT - TIETJEN TRACT LOCATED ON STATE HIGHWAY 21 BY SAN MARCOS AIRPORT CLOSE TO SAN MARCOS, TEXAS, THE FASTEST GROWING CITY IN THE UNITED STATES Prime 510 Acre Future Development Site Exclusively presented by Mike Dallas Properties
Large Tract Ideal for Investment or Future Development One of the Larger Tracts of Undeveloped Land near San Marcos San Marcos Airport Area Development Site 1286 Camino Real (State Highway 21) and William Pettus Road, Maxwell (San Marcos), Texas • 510 acres per tax records • Frontage on SH 21 and William Pettus Road • Across the street from San Marcos Airport • Easy Access to IH-35 via Yarrington and Future Loop 110 • Water Supply On-Site, Wastewater Nearby • Ideal for Future Industrial or Residential Development • No Zoning as it is Outside City Limits (San Marcos ETJ) • Possible Development and Tax Incentives for Job Creation • Site will offer Hill Country Views
Mike Dallas, CCIM H 512-708-1800 or 512-626-7878 H [email protected] Tietjen Tract Overview The Tietjen Tract offers an investor or developer the opportunity to purchase one of the larger tracts that is adjacent to the San Marcos Airport and is in close proximity to the City of San Marcos. The tract has frontage on State Highway 21 (aka Camino Real) on the west side of the property, William Pettus Road (the northern boundary of the airport) on the south side of the property, and has access to Koeglar Road to the north. The property is located between San Marcos and Kyle. The property has easy access to San Marcos via State Highway 21, access to IH-35 via Yarrington is about 2 miles, and SH 130 is approximately 5 miles away. The City of San Marcos owns most of the land around the airport and envisions the area to become a light industrial and employment center especially with the construction of Loop 110 to IH-35. The tract is ideally situated just outside the City limits of San Marcos removing the necessity for zoning. A waterline (Maxwell Water Supply) is on-site and wastewater (City of San Marcos) is approximately one mile away.
Texas State University San Marcos Texas State’s 34,225 students choose from 97 bachelor’s, 87 master’s and 12 doctoral degree programs. As an Emerging Research University, Texas State offers opportunities for discovery and innovation to faculty and students. As the university’s student population has grown—from 21,500 in 1998 to 27,485 in 2006 and 34,225 in 2013 — the San Marcos campus has expanded. Today it consists of a 456-acre main IH-35 campus and 5,000 additional acres in recreational, instructional, farm and ranch land. Texas State enrollment projections range from 41,500 to 45,000 students in the year 2020 per projections Plan for Future Loop 110 by the Texas Higher Education Coordinating Board and the Texas State University System. EB-5 and Targeted Employment Area (TEA) This area is in the San Marcos TEA. EB-5 is a federal Immigrant Investor Program that provides developers with an additional financing option and allows foreign investors to obtain citizenship through U.S. Citizen and Immigration Services by investing in new commercial enterprises within a Targeted Employment Area (TEA). The San Marcos TEA covers approximately 80 percent of Interstate 35 frontage, the San Marcos Municipal Airport and expands far into San Marcos’ ETJ that includes parts of Caldwell County and includes this 510 acre tract.
Mike Dallas, CCIM H 512-708-1800 or 512-626-7878 H [email protected] City of San Marcos, Texas The greater San Marcos region is located just 15 miles south of Austin and 30 miles north of San Antonio on the I-35 corridor, ideally situated between two of the fastest growing MSAs in the United States and Texas is the No. 1 state in the country for job growth over the past five years. San Marcos is home to Texas State University. Dramatic scenery, clear water, a mild climate, and abundant recreational opportunities combine to make Yarrington Road San Marcos a wonderful place to live and work. With San Antonio to the south, Austin to the north, and the beautiful Texas Hill Country to the west, there’s never a shortage of recreation, entertainment, and special events.
IH-35 San Marcos offers a high quality of life, with access to a rich array of natural resources, recreational opportunities and cultural amenities. The spring- SH 21 Site fed San Marcos River meanders through the city between park-lined banks. San Marcos’ mild climate Plan for Future Loop 110 lets enthusiasts pursue golf, tennis, cycling, fishing, and other activities throughout the year. Live music, performing arts and cultural exhibits are also plentiful. The greater San Marcos region is pro-business. San Marcos offers an array of state and local incentives including fee waivers, fast track permitting, and ad valorem and sales tax rebates. Companies in the greater San Marcos region are located in one of Texas’ fastest-growing counties and most important international trade corridors. Area companies receive the benefit of a pro-business climate, an available and affordable workforce, quality educational institutions and excellent training facilities. San Marcos Municipal Airport
The San Marcos Municipal Airport, serving general aviation and the only reliever airport between Austin and San Antonio, is positioned to become an important economic engine in Central Texas. The airport has solid businesses serving aviation, an interesting history, and a promising future that includes an opportunity to develop a 1,340-acre airfield for new businesses, a terminal building, and Executive hangars. The City of San Marcos owns most of the land around the airport and envisions the area to become a light industrial and employment center especially with the construction of Loop 110 to IH-35.
Mike Dallas, CCIM H 512-708-1800 or 512-626-7878 H [email protected] PROPERTY & INVESTMENT INFORMATION Price - $5,100,000 | Price/Acre Land - $10,000/acre | Land Size - 510 acres
The greater San Marcos region is located just 15 miles south of Austin and 30 miles north of San Antonio on the I-35 corridor, ideally situated between two of the fastest growing MSAs in the United States and Texas is the No. 1 state in the country for job growth over the past five years.
Mike Dallas, CCIM H 512-708-1800 or 512-626-7878 H [email protected]