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Storefront Property with Postal Tenant
For Sale
$105,000

102 W 4th Street, Gregory, TX 78359

CommercialSale, Gregory, TX

Property Size1,132 SF
Lot Size0.22 Acres
Price / SF$92.76
Days on Market140

Property Features for 102 W 4th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Subdivision Gregory-Hunt Add
Lot features Corner Lot
Standard status Active
APN 64467
Size 1,132 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description HUNT ADDN BLK 15 LOT 7 - 9 & SE/180X150 0.215 ACRES
Legal Description HUNT ADDN BLK 15 LOT 7 - 9 & SE/180X150 0.215 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 1
Listing Agency: Keller Williams Coastal Bend · Keller Williams Realty
Listed By: Elisa Granados · License #0770024
Added: May 21 Changed: Sep 21 Last Checked: Oct 7 at 6:06PM
MLS# 476814

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 1,132-square-foot storefront property at 102 W 4th Street is currently leased and occupied by the United States Postal Service. Built in 1900, the building includes central heating and cooling, electric heat, and off-street parking.

The property occupies a 0.2152-acre corner lot in Gregory, Texas, within San Patricio County. Public water and public sewer serve the site, supporting its existing commercial use. Its storefront configuration and current postal tenancy provide a clear retail-oriented profile for continued ownership.

Key Highlights

  • 1,132 square feet of storefront space
  • Currently leased and occupied by the United States Postal Service
  • 0.2152‑acre corner lot at 102 W 4th Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,074
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$101,480 $101.5K
Cap Rate 7%
$72,486 $72.5K
Cap Rate 9%
$56,378 $56.4K
Market Conditions
NOI Build-Up for 1,132 SF
Gross rent
$7.9K $6.96/SF
− Vacancy
−$630 −$0.56/SF
EGI
$7.2K $6.40/SF
− OpEx
−$2.2K −$1.92/SF
NOI
$5.1K $4.48/SF
Area
San Patricio County, TX
Vacancy
8.00%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$101,480
Cap Rate 7%
$72,486
Cap Rate 9%
$56,378

Alternative Uses

Best Use
Retail
$72.5K
$63.4K – $84.6K (±1% cap)
NOI $5,074 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$580.7K
$508.1K – $677.5K (±1% cap)
NOI $40,650 @ 7.0% cap · market cap 38.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Gregory rail depot Post Office United States Postal ... Post Office

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78359, TX

1,920
Population
682
Households
2.8
Avg Household Size
38
Median Age
2%
College-Educated
60%
High-School Grad
9.6 sq mi
ZIP Area
200
Density / Sq Mi
$35,750
Median Household Income
$21,083
Median Earnings
$868
Median Rent
$97,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner-lot retail building with central HVAC, public utilities, and off-street parking.
Where is this storefront property located?
The property is located at 102 W 4th Street Gregory, TX.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 1,132 square feet of storefront space; Currently leased and occupied by the United States Postal Service; 0.2152‑acre corner lot at 102 W 4th Street
More about this property
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