Add Listing
    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

    215 W Adams Avenue Port O' Connor, TX 77982

    View on Map
    For Sale
    Under Contract
    $289,000

    SINGLE_FAMILY - Port O'Connor, TX

    Type:Retail
    Property size:
    1,200 SF
    Lot size:
    0.32 Acres
    Added:
    Jun 29, 2022
    Days on Market:
    1374
    Last Refresh:
    Apr 2 at 3:06 am

    Property Features for 215 W Adams Avenue

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Garage
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active Under Contract
    APN
    24184
    Size
    1,200 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    TaxYear
    2021
    TaxDescription
    PORT OCONNOR, BLOCK 156, LOTS 17-20
    TaxAnnualAmount
    1860

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    2003
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block, MetalSiding, WoodSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Brenda Carter
    Brenda Carter

    Listing agent Brenda Carter License #0465824

    Listing office Russell Cain Real Estate, Port O'Connor P.O. Box 161, TX

    Listing date Jun 29, 2022

    MLS# 477462

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

    Overview

    Retail Opportunity in Port O'Connor

    This 1,200 square foot property in Port O'Connor, TX, presents a versatile opportunity for investment, business, or rental purposes. Situated in a great location, the open concept layout includes a back area suitable for various uses such as lunch space, an office, or storage. A bathroom with a shower is already plumbed in. The property benefits from Port O'Connor water and sewer services. With a lot size of 0.321 acres, this property could be suitable as a swimsuit/clothes store, beach shop, tackle shop, or summer rental house.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Clothing & Fashion Store Restaurant (Bike/Boat/Book/etc) Store Restaurant Fish Market Food Market Cafe & Coffee Shop Wine and Liquor Store (Bike/Boat/Book/etc) Store Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Port O' Connor
    County
    Calhoun
    State
    Texas
    Longitude
    -96.6507
    Latitude
    28.2231

    Nearby Similar for Sale

    • $225,000
      360 SF

      Port O'Connor Getaway with RVs

      Two lots with garage, boat shed, pool, RVs, mower.
      11th Street lot: 7 & 8, Port O'Connor, TX 77982
      View Details
    • $179,000

      Waterfront Lot in Port O'Connor

      Waterfront lot with access to amenities in Port O'Connor.
      352 E Arbor Vista lot: 352, Port O'Connor, TX 77982
      View Details
    • $415,000

      Waterfront Lot with Boat Slings

      Waterfront lot in Caracol community with boat house and dock.
      8 Ancilla Drive lot: 29, Port O'Connor, TX 77982
      View Details
    • $224,900

      Port O'Connor RV Lot

      RV lot near Kingfisher Beach with drive-through access.
      202 S 5th Street lot: 22, Port O'Connor, TX 77982
      View Details
    • $255,000

      RV Carport and Storage Building

      Cleared lot with RV carport, storage, and utilities in POC.
      501 W MAPLE Street, Port O'Connor, TX 77982
      View Details
    • $599,000

      Waterfront Lot in Port O'Connor

      Waterfront 1.04-acre lot with bay views in Port O'Connor.
      15 BAHIA VISTA Lane lot: 15, Port O'Connor, TX 77982
      View Details
    • $1,690,000
      6,300 SF

      Port O'Connor RV Park

      48-slot RV park with bungalow and boat barns.
      3312 W Monroe Street, Port O'Connor, TX 77982
      View Details
    • $130,000

      Unrestricted Lot in Port O'Connor

      Oversized lot with utilities and RV pads ready for use.
      52 Joy Street unit: 1521, Port O'Connor, TX 77982
      View Details
    • $295,000
      200 SF

      RV Slots on Large Tract

      RV slots with hook-ups on unrestricted drive-thru lot.
      95 Blue Street lot: 11, Port O'Connor, TX 77982
      View Details
    • $590,000
      2,943 SF

      Port O'Connor Quadplex with Barn

      Fourplex with oversized boat barn and potential rental income.
      512 W Adams Street, Port O'Connor, TX 77982
      View Details
    • $299,000

      Waterfront RV-Friendly Land Available

      Two-acre waterfront tract suitable for RVs or building.
      124 Riley Lane lot: 3, Port O'Connor, TX 77982
      View Details
    • $580,000
      2,943 SF

      Port O'Connor Income Property

      Fourplex with oversized boat barn on two corner lots.
      512 W Adams Street, Port O'Connor, TX 77982
      View Details

    FAQs

    What type of property is this?
    Retail space - 1200 SF retail space in prime Port O'Connor location.
    Where is this retail space located?
    The property is located at 215 W Adams Avenue Port O' Connor, TX.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Great Location suitable for business or rental.; 1,200 SF open concept space.; Plumbed for bathroom with shower.
    (361) 920-2005
    We can help!
    Listing Contact
    Brenda Carter
    Brenda Carter
    Real Estate License ID: 0465824
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!