Self-Storage Facility with RV
For Sale
$399,000
530 W Cleveland Boulevard, Aransas Pass, TX 78336
CommercialSale, Aransas Pass, TX
Property Size4,938 SF
Lot Size0.66 Acres
Price / SF$80.80
Days on Market183
Property Features for 530 W Cleveland Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Exterior features
Storage
Subdivision
Aransas Pass-Townsite
Lot features
Corner Lot, Level
Standard status
Active
APN
36042
Size
4,938 SF
Lot size
0.66 Acres
Taxes and HOA fees
Tax Description
CITY OF ARANSAS PASS TOWNSITE BLK 384 LOTS 1 THRU 3
Legal Description
CITY OF ARANSAS PASS TOWNSITE BLK 384 LOTS 1 THRU 3
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
solar-powered security gates
updated security lighting
new website
Building Details
Year built
1997
Floors in Building
1
Number of units
35
Building materials
Block, MetalSiding, Concrete
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Blue Wave Realty
(361) 857-5160
Listed By:
Donna Pancoast · License #0542231
(361) 739-1161
Added: Mar 20
Changed: Sep 14
Last Checked: Sep 18 at 9:06PM
MLS# 473587
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.
This self-storage property at 530 W Cleveland Boulevard includes 4,938 square feet of improvements on 0.66 acres. The facility offers twelve 9-by-9 outdoor units, ten 9-by-9 indoor units, eleven 10-by-20 indoor units, and two 10-by-25 outdoor units. Ten outdoor parking spaces measuring 30 by 12 accommodate boats, trailers, and recreational vehicles. Construction includes concrete, block, and metal siding, with a metal roof. The building dates to 1997 and is served by public water and public sewer, central electric heating, and central air conditioning.
Recent property improvements include solar-powered security gates, upgraded security lighting, and a new website. The facility is positioned near Conn Brown Harbor, with Port Aransas, Rockport Beach, Ingleside, and Portland identified in the surrounding coastal market. Its Aransas Pass location provides access to the area’s boating, fishing, and beach communities.
Recent property improvements include solar-powered security gates, upgraded security lighting, and a new website. The facility is positioned near Conn Brown Harbor, with Port Aransas, Rockport Beach, Ingleside, and Portland identified in the surrounding coastal market. Its Aransas Pass location provides access to the area’s boating, fishing, and beach communities.
Key Highlights
- 4,938 square feet of self‑storage improvements on 0.66 acres
- Twelve outdoor 9‑by‑9 units and ten indoor 9‑by‑9 units
- Eleven indoor 10‑by‑20 units plus two outdoor 10‑by‑25 units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,789
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,780
$655.8K
Cap Rate 7%
$468,414
$468.4K
Cap Rate 9%
$364,322
$364.3K
Market Conditions
NOI Build-Up for 4,938 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$41.5K $8.40/SF
− Vacancy
−$2.9K −$0.59/SF
EGI
$38.6K $7.81/SF
− OpEx
−$5.8K −$1.17/SF
NOI
$32.8K $6.64/SF
Area
San Patricio County, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,780
Cap Rate 7%
$468,414
Cap Rate 9%
$364,322
Alternative Uses
Best Use
Warehouse
$468.4K
$409.9K – $546.5K
NOI $32,789 @ 7.0% cap · market cap 8.22%
Second Best
Self Storage
$363.3K
$317.9K – $423.8K
NOI $25,429 @ 7.0% cap · market cap 6.37%
Theoretical Best
Hotel Hospitality
$2.53M
$2.22M – $2.96M
NOI $177,324 @ 7.0% cap · market cap 44.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Concrete block and steel facility with solar-powered gates, updated lighting, and a mix of indoor and outdoor storage options.
Where is this self storage facility located?
The property is located at 530 W Cleveland Boulevard Aransas Pass, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,938 square feet of self‑storage improvements on 0.66 acres; Twelve outdoor 9‑by‑9 units and ten indoor 9‑by‑9 units; Eleven indoor 10‑by‑20 units plus two outdoor 10‑by‑25 units
