
21393 TX-46, Bulverde
Asking price $1,595,000 · Closed June 18, 2026
San Marcos, Hays County
Land, buildings and space to lease in San Marcos.
Serving San Marcos and Hays County.
We help people buy, sell and lease commercial land and buildings in San Marcos TX.
We start with what your property is worth today, and why. You get the sales nearby, the market numbers and our honest opinion before you sign anything.
Then we market it to the buyers who pay for this kind of property: local owners, out-of-town investors, and businesses that want to move here.

Our buyer representatives offer objective insight on market factors and guide you through every step of the process. As a representative for buyers, we seek to understand your unique business requirements so you have a clear overview of the local market. No matter what you need, we work through the details of relocation, market data, lease negotiations and more to help you assess your real estate options.

Understanding that each property is unique, we take a tailored approach to leasing it. Our team looks at market trends, tenant demand and leasing strategy to position your property against what else is available. We work to attract and keep good tenants and to negotiate leases that fit your goals. From marketing your available space to handling tenant relationships and lease agreements, we cover each step.

Finding the right commercial space matters to how your business runs. We start with your business needs, operating requirements and plans for growth, so we know what to look for. Our team draws on local market knowledge, negotiation experience and an understanding of lease structures to work toward terms that fit you. From the first market search to move-in, we guide you through each step.

Our 1031 exchange services help San Marcos TX property owners secure viable replacement properties across the I-35 corridor and the Texas Hill Country. We focus entirely on the commercial real estate side, checking every property in person to verify water, utilities, and access before you commit. Working alongside your CPA, attorney, and qualified intermediary, we keep your acquisition moving so you avoid closing delays.

Our site selection services help business owners and expanding companies secure the right location in San Marcos TX. We evaluate zoning, water capacity, utilities, and access on the dirt before you commit capital. Led by Rex Blackburn, active in Texas commercial real estate since 2003, we compare sites with verified local data and tell you the flaws up front.

San Marcos commercial real estate occupies a strategic position along the Interstate 35 corridor, midway between the Austin and San Antonio metropolitan centers. According to 2024 US Census ACS5 data, the San Marcos 5-mile trade area encompasses 72,437 residents across 27,821 households, with an employed civilian labor force of 40,117. The market functions as a regional connector where highway transit, rail infrastructure, and regional distribution routes intersect.
The local economy features strong rental demand alongside industrial distribution, light manufacturing, and public-sector operations. Within a 1-mile radius of the core, renter-occupied housing accounts for 85.4% of occupied housing units (3,296 of 3,860 units), while the broader 5-mile radius maintains a 71.3% renter share (19,830 of 27,821 units). This high-density tenancy supports extensive neighborhood-serving commercial and retail footprints along principal arteries including Highway 80, Highway 123, and Ranch Road 12.
For commercial real estate participants, the San Marcos area delivers dual demand drivers: immediate service retail and workforce housing demand in the interior, balanced with logistics, flex, and light industrial requirements bordering I-35. The area combines accessible land inventory with critical utility access across Hays County, establishing San Marcos as a durable focal point for regional capital allocation.
Rex Blackburn, Commercial Director
210-823-3721
Own or want land or a building in San Marcos? Rex will tell you what he sees.
Talk to Rex about San MarcosThese numbers come from the U.S. Census. They show who lives here and what they earn.
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total population | 12,289 | 47,773 | 72,437 |
| Total households | 3,860 | 18,604 | 27,821 |
| Persons per household (est.) | 2.3 | 2.2 | 2.3 |
| Median household income (est.) | $34,569 | $49,079 | $51,577 |
| Average household income | $44,967 | $58,841 | $61,736 |
| Per capita income | $18,112 | $24,513 | $25,446 |
| Median home value (est.) | $267,946 | $273,634 | $282,496 |
| Median gross rent (est.) | $1,204 | $1,319 | $1,341 |
| Bachelor's degree or higher | 54.6% | 40.0% | 33.6% |
| Unemployment rate | 6.5% | 5.6% | 5.6% |
Source: U.S. Census Bureau, 2020–2024 American Community Survey 5-Year Estimates
Numbers count the people who live within 1, 3 and 5 miles of the center of San Marcos.
This is what we see on the ground. It is our read, not a forecast.
Our direct read on the San Marcos CRE market: San Marcos represents an established logistics and workforce hub anchored by significant structural demand. With 42,652 individuals in the 5-mile labor force and an unemployment rate of 5.6% (US Census ACS5 2024), the baseline employment fundamentals remain steady. Our Q3 2026 market data for Hays County puts average cap rates at office 8.2%, industrial 7.9% and retail 6.4%, so check every deal against recent local sales.
The core investment strength in the San Marcos area lies in its multi-tier housing and commercial profile. The 1-mile median gross rent stands at $1,204 per month, rising to $1,341 per month across the 5-mile radius, supported by a 5-mile average household income of $61,736. High renter concentration—exceeding 75% within three miles—underpins strong operational demand for retail service centers, convenience-oriented commercial assets, and industrial supply providers.
The primary headwind to monitor is utility capacity and municipal infrastructure constraints. As development along the I-35 and State Highway 21 corridors accelerates, water reservation agreements, wastewater treatment expansion, and caliche subgrade preparation dictate development timelines and carry-costs. We classify this as a moderate risk that requires thorough upfront engineering due diligence rather than speculative site acquisition. Net assessment: bullish on San Marcos industrial and infill retail, contingent on confirmed utility infrastructure.
Land, buildings and businesses we sold for our clients.

Asking price $1,595,000 · Closed June 18, 2026

Asking price $1,700,000 · Closed June 4, 2026

Asking price $1,095,000 · Closed April 8, 2026
We also work these towns around San Marcos.
Blue Collar Commercial Group works San Marcos from our offices in New Braunfels, San Antonio and Spring Branch.
As residents and dedicated professionals in New Braunfels and the surrounding Texas Hill Country, encompassing the vibrant areas between San Antonio and Austin, including Hays and Comal counties, we bring a wealth of local insight that “big city” brokers simply cannot match. Our deep understanding of this unique market, along with its trends and opportunities, allows us to navigate the market complexities and reach your goals.
Blue Collar Commercial Group is led by Texas native, Rex Blackburn. Looking at Rex’s picture, you’ll notice he has some mileage on him. With that comes experience, knowledge, and understanding that he doesn’t have all the answers. What he does have is the ability to find the answers, to work with people on both sides of a transaction, strong negotiation skills, and the “know how” to carry a transaction through to closing for our clients. Having owned multiple businesses over the years as well as the last 20 years behind him in Real Estate, Rex is a partner you can trust.
Entrusting your commercial real estate needs to Blue Collar Commercial Group means partnering with a team that combines deep local knowledge with a record you can check: see what we’ve sold in the Texas Hill Country. Schedule A Call Now

Rex Blackburn, Commercial Director
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A 15-minute call. Tell him what you own or what you want to buy. He will tell you what he sees, good and bad. No cost, no pressure.
Talk to Rexor call 210-823-3721
We Are Ready To Help You In Making Smart Real Estate Decisions
Whether you have questions about commercial real estate, need advice on your next investment, or are ready to take the next step, we’re here to help. At Blue Collar Commercial Group of New Braunfels, we pride ourselves on providing personalized, expert guidance at every step. Fill out the contact form, and we’ll get back to you promptly to discuss how we can work together to achieve your goals. Let’s start the conversation today!
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