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23810537
23810564

5485 Airport Hwy, San Marcos, TX 78666

MC
TX TX694437
Classen Realty Group
Listed by Classen Realty Group
$3,485,000
369 days on market
Updated 2 days ago

152 Unit Boat/RV Storage + Estate Residence on 25.85 Acres

Details
Property Type Mixed Use, Self Storage
Sub Type Boat & RV Storage, Single Family Residence
Square Footage 74,760
Net Rentable (SqFt) 74,760
Units 152
NOI $143,994
Occupancy 85%
Broker Co-Op Yes
Class B
Year Built 2013-2019
Year Renovated 2019
Buildings 3
Acreage 25.850
Zoning N/A
Investment Type Owner/User
Occupancy Date 06/01/2025

Mixed Use | 74,760 SqFt

Marketing description

B&C Storage offers a dynamic investment opportunity combining stabilized income, private residential amenities, and exceptional potential for future redevelopment. Situated on approximately 25.85 acres along the expanding Highway 21 corridor in Maxwell, Texas, this mixed-use property is ideally positioned to capitalize on Central Texas’ explosive growth.

The front 4 acres of the property are dedicated to a covered Boat & RV storage facility, featuring 152 rentable units across three metal-framed structures totaling approximately 74,760 square feet. The facility is approximately 85% occupied and features keypad-secured gate access and a 12’ x 16’ moveable office. A key advantage: the self-storage portion has been formally released from the City of San Marcos’ Extraterritorial Jurisdiction (ETJ), offering increased flexibility for future improvements and expansion plans. Investors have the opportunity to increase rents, lease remaining units, or convert the facility into fully enclosed or climate-controlled units.

Beyond the commercial area, the balance of the property hosts a well-appointed owner’s residence and a large workshop, privately located at the rear of the tract. Built in 2013, the custom home totals 3,144 square feet, with 2,680 SF on the main level and an additional 464 SF bonus room above the two-car garage. The home features 3 bedrooms, 2.5 bathrooms, a dedicated office, stained concrete floors, and a durable metal roof—ideal for an owner-operator, on-site management, or as part of a long-term live/work investment.

A 40’ x 60’ metal workshop with concrete slab and electricity sits adjacent to the residence, offering ample space for storage, mechanical work, or additional business operations.

Located just north of San Marcos Regional Airport, the property offers approximately 500 feet of frontage along State Highway 21 and is only minutes from I-35, ensuring excellent accessibility to San Marcos, Austin, and San Antonio. The location sits within a rapidly developing submarket, with several new single-family subdivisions under construction within a 3-mile radius.

Thanks to its unrestricted zoning and ETJ release, this site is ideally suited for a variety of future redevelopment opportunities. Potential future uses include expanding self-storage, additional covered Boat/RV storage, or transforming the property into an RV resort—supported by the increasing residential demand and tourism activity in the region.

Whether you’re an investor seeking reliable cash flow with land appreciation upside, a developer looking for a flexible redevelopment site, or an owner-operator ready to step into a live/work opportunity, B&C Storage delivers a compelling, multi-faceted offering in one of Central Texas’ fastest-growing corridors.

Investment highlights

Key Highlights:

  • 25.85 acres total with unrestricted zoning

  • 4 acres of stabilized Boat & RV storage – 152 covered units, ~85% occupied

  • Released from City of San Marcos ETJ – increased redevelopment flexibility

  • 3,144 SF custom home (3 bed, 2.5 bath + office + bonus room) built in 2013

  • 40’ x 60’ powered workshop on concrete slab

  • ±500 feet of Hwy 21 frontage with high traffic visibility

  • Ideal for expansion into additional storage or redevelopment as an RV resort

  • Explosive residential growth – multiple subdivisions under development within 3 miles

Whether you’re looking for steady income, future development potential, or a live/work setup, B&C Storage checks all the boxes.

Listing Contacts

MC
TX TX694437
Classen Realty Group
Listed by Classen Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,994.00
$11,999.50/mo

Valuation Metrics

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DSCR
4.13%
Cap Rate
4.13%
ROI

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Additional Information

Name
Mitchell Classen
License
TX694437
Brokerage Phone
512-855-6114
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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