LAND FOR SALE
10.45 ACRE COMMERCIAL TRACT - UNRESTRICTED 5509 & 5501 SH-21, MAXWELL, TX 78656
FOR SALE PRESENTED BY: CLASSEN REALTY GROUP
123 N. Edward Gary Street 2nd Floor San Marcos, Texas 78666
MITCHELL CLASSEN, CCIM
Broker, GRI | President office: (512) 971-3415 cell: (512) 971-3415 mitchell@classenrealtygroup.com 9009393, Texas This notice is provided to all potential buyers, brokers/agents, principals, and or any party interested in the above properties, or other properties in connection with the broker/agent below. The information contained herein has been obtained from sources believed to be reliable. Mitchell Classen, Broker, Classen Realty Group, makes no guaranties or warranties as to the accuracy thereof. The presentation of the property is submitted subject to the possibility of errors, omissions, change of price, pending/prior sale, or other conditions, lease or financing, or withdrawal without notice. Information is provided for courtesy/guidance
PROPERTY SUMMARY 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Property Summary
Property Overview
Price:
$2,600,000
Acres:
10.45
Square Feet (Land): Price/SF: # of Driveways: Frontage:
455,202 SF $5.71/SF 2 Paved - 400'
Traffic Count:
11,137 VPD (2022)
City Limits:
Outside City Limits
Zoning: ETJ Status: APN: Flood Plain:
No Zoning
Position your next development or business headquarters at the forefront of Texas's robust industrial sector with this prime 10.45-acre property. This unrestricted property represents a significant blank canvas for discerning investors or developers, offering considerable scope for customization and development. Boasting a substantial 400-foot frontage and benefiting from a high daily traffic count, the property assures prominent visibility and effortless accessibility for your enterprise. This property is distinguished by its "Outside City Limits" designation and favorable positioning beyond the flood plain, offering unmatched freedom and flexibility in operations. With no zoning restrictions, it opens up diverse possibilities for industrial or commercial developments, making it an optimal selection for versatile project endeavors.
Inside San Marcos ETJ R11332 & R11334 & R168131 Outside Flood Plain
Water:
On-Site, Maxwell Water Supply
Sewer:
Septic Required
Location Overview Situated in Hays County, this property boasts direct access to Highway 21, the lifeline connecting Bastrop and San Marcos, Texas. Its strategic location ensures proximity to Interstate 35, merely a 6-minute drive away. Key airports, including San Marcos, Austin Bergstrom International, and San Antonio, are within 2 minutes to an hour's drive respectively. Perfectly positioned between Austin and San Antonio, this property is an ideal base for your business. MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROPERTY PHOTOS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
LOCATION MAPS 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
REGIONAL MAP 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Economic Development Profile 5509 Highway 21, Maxwell, Texas, 78656 Ring band of 0 - 2 miles
Labor Force by Industry
Commute Time: Minutes
0.0%
3.0%
0.0%
34.4%
21.3%
44.3%
0.0%
Services
Blue Collar
White Collar
0.8%
10.4% 8.4% 0.9% 3.3%
Employment
1.2%
15.1% 2.9%
1.3%
17.1% 14.8%
1.9%
11.3%
2.1%
10.0%
Workforce
2.2% 2.9%
2.8%
0%
3.3%
4.4%
8%
12%
16%
20%
Percent of Commuters
Overview
4.0%
4%
Transportation to Work
5.3% 6.3% 9.7%
Businesses
11.2% 12.7% 14.1%
1.2%
24.2%
0.5%
Took Public Transportation
Carpooled
Walked to Work
16.6%
47 Total Businesses
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
1,216 Total Employees
0.4%
69%
Bike to Work
Drove Alone to Work
© 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Home Ownership 48.1%
Home Value 40% 35.8% 30%
30.8%
20% 10% 0%
Household Income 30 25 22.9% 20 15 10 5 0
3.1%
5.0%
11.5%
7.0%
1.8%
0.2%
3.4%
1.4%
51.9%
Owner Occupied HUs
Associate's Degree 6.6% Bachelor's Degree 12.1% Grad/Prof Degree 3.4% < 9th Grade 5.3% No Diploma 6.9%
14B
10D
College Towns
76.7%
822 households
of Households
Down the Road
22.7%
243 households
of Households
Up and Coming Families
0.7%
7 households
of Households
HS Diploma 35.6%
7A
10.3%
11.8%
13.4% 8.8% 4.9%
2.0%
Renter Occupied HUs
Tapestry segments
GED 4.6%
14.4%
Community Overview
Educational Attainment
Some College 25.6%
11.6%
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
Key Facts
1,116
196
277
Total Housing Units
Housing Affordability Index
Households Below the Poverty Level
27.1
$32,889
3,004
Median
Total Population
Age
Median Disposable Income
51
84
137
Wealth
Diversity
Index
Index
Total Crime Index © 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Economic Development Profile 5509 Highway 21, Maxwell, Texas, 78656 Ring band of 2 - 10 miles
Labor Force by Industry
Commute Time: Minutes
0.1%
4.4%
0.2% 0.6% 1.0%
20.5%
23.0%
56.5%
Services
Blue Collar
White Collar
10.5% 12.3% 4.4% 2.8%
Employment
1.5%
11.4% 3.8%
1.6%
11.4% 13.7%
1.7%
13.3%
2.2%
9.8%
Workforce
2.5% 4.7%
2.2%
0%
4.8%
4.9%
6%
9%
12% 15%
Percent of Commuters
Overview
4.9%
3%
Transportation to Work
5.5% 5.9% 10.1%
Businesses
10.6% 11.6% 12.4%
0.4%
9.8%
3.1%
Took Public Transportation
Carpooled
Walked to Work
12.9%
3,821 Total Businesses
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
47,688 Total Employees
0.5%
78%
Bike to Work
Drove Alone to Work
© 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Home Ownership 44.6%
Home Value 30%
24.2%
20% 10% 5.5%
Household Income
9.5%
15 12.3%
13.9% 14.8% 6.7%
8.2%
6.1%
6.3%
10 2.4%
1.3%
55.4%
Owner Occupied HUs
7A Grad/Prof Degree 11.1%
No Diploma 6.4%
7.0%
4.3%
Renter Occupied HUs
Bachelor's Degree 21.3%
< 9th Grade 5.1%
10.9%
13.1%
0
Tapestry segments
GED 4.8%
10.7%
Community Overview
Educational Attainment
Some College 20.2%
9.6%
13.8%
5
0%
Associate's Degree 7.0%
18.2%
20
14B
Up and Coming Families
31.1%
20,052 households
of Households
College Towns
13.4%
8,668 households
of Households
Dorms to Diplomas
10.1%
6,492 households
of Households
HS Diploma 23.9%
14C
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
Key Facts
68,987
80
9,628
Total Housing Units
Housing Affordability Index
Households Below the Poverty Level
29.8
$51,488
180,019
Median
Total Population
Age
Median Disposable Income
60
82
111
Wealth
Diversity
Index
Index
Total Crime Index © 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Economic Development Profile 5509 Highway 21, Maxwell, Texas, 78656 Ring band of 10 - 25 miles
Labor Force by Industry
Commute Time: Minutes
0.1%
2.3%
0.3% 0.7% 0.9%
14.4%
17.4%
68.2%
Services
Blue Collar
White Collar
6.1% 10.1% 4.1% 3.4%
Employment
2.1%
16.0% 6.8%
2.1%
14.9% 15.6%
2.8%
11.5%
2.9%
7.3%
Workforce
3.6% 4.2%
1.8%
0%
4.3%
5.9%
8%
12%
16%
20%
Percent of Commuters
Overview
4.9%
4%
Transportation to Work
7.8% 8.0% 8.3%
Businesses
8.9% 9.9% 10.0%
1.7%
8.2%
1.4%
Took Public Transportation
Carpooled
Walked to Work
12.4%
26,697 Total Businesses
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
295,432 Total Employees
0.5%
72%
Bike to Work
Drove Alone to Work
© 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
ECONOMIC DEVELOPMENT PROFILE 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
Home Ownership 40.2%
Home Value
Household Income 25
21.6% 25% 20.4% 20% 14.3% 15% 7.9% 8.8% 7.3% 10% 3.5% 3.4% 3.5% 4.3% 3.0% 5% 0%
10 5 59.8%
6.2%
5.1%
Grad/Prof Degree 15.9%
< 9th Grade 4.6% No Diploma 4.6%
11B
7A
6.0%
Renter Occupied HUs
Young and Restless
8.9%
27,886 households
of Households
Up and Coming Families
8.2%
25,578 households
of Households
Bright Young Professionals
6.4%
HS Diploma 17.4%
8C
13.5% 10.2%
0
Tapestry segments Bachelor's Degree 31.9%
14.3%
10.4%
Community Overview
Educational Attainment
Some College 16.0% GED 3.4%
15.1%
15
Owner Occupied HUs
Associate's Degree 6.3%
19.3%
20
19,977 households
Source: This infographic contains data provided by Esri (2023), Esri-Data Axle (2023), ACS (2017-2021), Esri-U.S. BLS (2023), AGS (2023).
of Households
Key Facts
339,571
83
28,164
Total Housing Units
Housing Affordability Index
Households Below the Poverty Level
36.2
$72,391
787,729
Median
Total Population
Age
Median Disposable Income
110
79
115
Wealth
Diversity
Index
Index
Total Crime Index © 2023 Esri
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com
PROFESSIONAL BIO 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
MITCHELL CLASSEN, CCIM Broker, GRI | President mitchell@classenrealtygroup.com Direct: (512) 971-3415 | Cell: (512) 971-3415
9009393, Texas
As President of Classen Realty Group, my primary mission is to ensure that our Client’s best interests and expectations are not only met but exceeded and that the values of Classen Realty Group are clearly displayed through every interaction. While providing services that value relationships over transactions, and quality over quantity. From the first contact to the closing table, I want to ensure that your entire transaction is handled with professionalism, excellent communication, and the utmost integrity. My work ethic, determination, and raw drive originated from family generations of business owners and years spent working on the family farm in Central Texas. While attending Texas State University and earning my degree in Construction Science & Management with a Business minor, I interned with SpawGlass a large Texas-based commercial construction company. Through them, I gained invaluable experience in all aspects of the business, especially within the corporate level standard practices that I’ve implemented all while giving white-glove service within Classen Realty Group. My passion for Real Estate became more evident through each new experience with personal projects, starting with a father-son partnership, Classen Properties, LLC. My prior experiences and knowledge combined with that of my Father’s was the perfect combination for a successful venture. More importantly, I discovered the fulfillment that comes with helping others realize their own real estate goals. It was at that point that I established Classen Realty Group; A full-service commercial real estate brokerage serving the Greater Central Texas Region.
Classen Realty Group 123 N. Edward Gary Street 2nd Floor San Marcos, Texas 78666 512.402.5263
DISCLAIMER 10.45 Acre Commercial Tract 5509 & 5501 SH-21 | Maxwell, TX 78656
All materials and information received or derived from Classen Realty Group its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Classen Realty Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Classen Realty Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Classen Realty Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Classen Realty Group does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants, and governmental agencies. All properties and services are marketed by Classen Realty Group in compliance with all applicable fair housing and equal opportunity laws.
MITCHELL CLASSEN, CCIM (512) 971-3415 mitchell@classenrealtygroup.com