Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1117 16Th St, Unit 70-C Rockport, TX 78382

    Sponsored
    Picture of Land at 16Th St 1117, Rockport, TX
    For Sale
    $79,000

    LAND - Rockport, TX

    Lot size:
    1.00 Acre
    Days on Market:
    187
    Last Refresh:
    Feb 2 at 9:06 am

    Property Features for 1117 16Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    5925256070010
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    ROBIN MARTIN

    Key Allegro Real Estate (361) 729-3691

    Listing agent Robin Martin (361) 463-1079 License #0559100

    Listing date Jul 31, 2025

    MLS# 451644

    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.

    Learn more

    Property Insight Report

    Overview

    Acre Lot in Rockport, TX

    This is a one-acre level lot situated in a prime location. The property offers possibilities for outdoor living, gardening, or boating and outdoor water toys, while providing privacy. It has convenient access to local amenities and easy access to fishing, boating, and water activities. The property is located in Rockport, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Aransas
    State
    Texas
    Longitude
    -97.083916
    Latitude
    27.993858

    Nearby Similar for Sale

    • $410,000
      2,400 SF

      Rockport Fourplex Near Amenities

      Fourplex in Rockport, TX, near shops, restaurants, and beaches.
      1401 E Alamito St, Rockport, TX 78382
      View Details
    • $2,650,000
      5,114 SF

      Waterfront Estate with Modern Luxury

      Coastal retreat on Copano Bay with restored cottages.
      6031 Other, Rockport, TX 78382
      View Details
    • $675,000
      1,050 SF

      Income-Producing Property in Rockport, TX

      Commercial investment property with rental income and expansion potential.
      2328 Chaparral, Rockport, TX 78382
      View Details
    • $1,425,000
      8,997 SF

      Rockport Income-Producing Property For Sale

      10-acre Rockport property with mobile home park and rental home.
      1522-1524 16Th St, Rockport, TX 78382
      View Details
    • $675,000
      1,050 SF

      Income-Producing Property with Expansion Potential

      Commercial investment property with cabins, RV pads, and expansion space.
      2328 Chaparral, Rockport, TX 78382
      View Details
    • $340,000
      1,933 SF

      Rockport Investment Property: Three Cottages

      Investment opportunity in Rockport: three cottages near downtown.
      402 E Nopal St, Rockport, TX 78382
      View Details
    • $340,000
      1,933 SF

      Rockport Investment Property: Three Cottages

      Investment opportunity: three cottages near Rockport's attractions, suitable for rentals.
      402 E Nopal St, Rockport, TX 78382
      View Details
    • $521,500
      1,008 SF

      Rockport Income-Generating Single-Family Package

      Three income-producing units on 4 acres near Rockport, Texas.
      1201 Weeping Willow, Rockport, TX 78382
      View Details
    • $1,195,000
      8,175 SF

      Rockport Commercial Property with Train Caboose

      8,175 sq ft commercial property with unique train caboose.
      206 Highway 35 S, Rockport, TX 78382
      View Details
    • $1,195,000
      8,175 SF

      Unique Rockport Warehouse with Caboose

      8,175 SF commercial property with warehouse, office, and train caboose.
      206 Highway 35 S, Rockport, TX 78382
      View Details
    • New
      $975,000
      Pending

      Waterfront Commercial Property in Rockport

      Prime commercial property with waterfront access and established businesses.
      1819 Broadway St, Rockport, TX 78382
      View Details
    • $1,295,000
      0.31 Acres

      Aransas County Airport Fly-In Hangar

      Vacation hangar with crew quarters at Aransas County Airport.
      321 John D Wendell Rd, Rockport, TX 78382
      View Details

    FAQs

    What type of property is this?
    Land - A one-acre lot suitable for building a dream home.
    Where is this land located?
    The property is located at 1117 16Th St, Unit 70-C Rockport, TX.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Spacious acre of level land offers possibilities for outdoor living and gardening.; - Prime location provides privacy and tranquility.; - Convenient access to local amenities.
    (361) 463-1079
    Request Owner's contact information
    1117 16Th St, Unit 70-C Rockport, TX 78382
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1117 16Th St, Unit 70-C
    Rockport, TX 78382
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1117 16Th St, Unit 70-C Rockport, TX 78382
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ROBIN MARTIN
    Real Estate License ID: 0559100
    (361) 463-1079
    Learn more
    Google sign-in failed. Please try again or use another login method.