$1,550,000
( $126.72Per Sq Foot )
 $8,321 est/mo Sourced by Back At You

6661 Highway 35 North , Rockport, TX 78382

Rockport, TX 78382

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Description

Three mixed-use parcels of 85,000 SF of land area, 9,640 of rentable space, at a pro-forma cap rate of 5.78%. The land offers the potential to develop retail, industrial, and residential property with limited Holiday Beach HOA restrictions. See the attached Offering Memorandum for full details. Coastal Investment Trio: Discover an unparalleled real estate opportunity with this portfolio of three properties at 6655, 6661, and 6701 Highway 35 North. Nestled along the picturesque Gulf Coast, these strategically located parcels offer a unique blend of versatility and potential. Prime Location: Situated in the heart of the Highway 35 corridor, these properties boast prime visibility and accessibility, making them ideal for commercial development, mixed-use ventures, or strategic land banking. Endless Possibilities: With expansive lots and strategic zoning, envision a range of possibilities, from retail spaces to boutique accommodations. The proximity to Rockport's attractions and the coastal charm enhances the appeal for businesses or developers seeking to make a mark in this dynamic region. Investment Advantage: Capitalize on the growth of the Rockport area, known for its coastal allure and economic vibrancy. The trio of properties provides a rare chance to secure a foothold in a region poised for continued expansion. Infrastructure and Accessibility: Benefit from well-developed infrastructure and easy access to major thoroughfares, ensuring that these properties are seamlessly connected to the broader community and beyond.

Details

MLS#9034190
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2016
Days On Site349
Listing Provided ByCompass RE Texas, LLC | Marcus Roper

Features

SQ Feet12,232
Building(s)15
ZoningMixed-Use allowed.
Acreage1.95
Water FrontYes
Property ViewNeighborhood, See Remarks

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 8, 2024 at 6:44:22 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 9 minutes ago
StateTX
CountyAransas
CityRockport
Zip Code78382
AreaOut of Area
Community NameHoliday Beach Sherwood Downs
Listing VS Median (in Holiday Beach Sherwood Downs)
Price:
$1,550,000
low | high
Med:
$1,550,000
50% of Average
SqFt:
12,232
low | high
Med:
12,232
50% of Average
$ / SqFt:
$127
low | high
Med:
$127
50% of Average
On Site:
349
low | high
Med:
349.000000
100% of Average
Sourced by Back At You
Listing Updated: October 7, 2024 at 6:07:12 PM PDT