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    530 W Cleveland Boulevard Aransas Pass, TX 78336

    View on Map
    For Sale
    $399,000

    COMMERCIAL - Aransas Pass, TX

    Property size:
    4,938 SF
    Lot size:
    0.66 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    13
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 530 W Cleveland Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security
    Exterior features
    Storage
    Standard status
    Active
    APN
    36042
    Size
    4,938 SF
    Lot size
    0.66 Acres

    Taxes and HOA fees

    TaxDescription
    CITY OF ARANSAS PASS TOWNSITE BLK 384 LOTS 1 THRU 3

    Utilities

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

    Building Details

    Year built
    1997
    Floors in Building
    1
    Number of units
    35
    Building materials
    Block, MetalSiding, Concrete
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Donna Pancoast
    Donna Pancoast

    Listing agent Donna Pancoast License #0542231

    Listing office Blue Wave Realty 2 Clam Drive, Lubbock, TX

    Listing date Mar 20, 2026

    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.

    Overview

    Income-Producing Self-Storage Facility Available

    This commercial self-storage facility is located on a high-traffic boulevard off of HWY 35 in Aransas Pass. The property includes twelve outdoor units at nine by nine, ten indoor units at nine by nine, eleven indoor units at ten by twenty, and two outdoor units at ten by twenty-five. Additionally, there are ten outdoor parking spaces at thirty by twelve. The facility encompasses nearly five thousand square feet of concrete cinder block and steel construction. Recent upgrades include new solar-powered security gates and updated security lighting. A new website is up and running. The location is near Conn Brown Harbor and a short drive from Port Aransas and Rockport Beach. The surrounding coastal communities of Ingleside and Portland provide a stream of potential renters. The property sits on a 0.66-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ap Self Storage Storage Facility

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Aransas Pass
    County
    San Patricio
    State
    Texas
    Longitude
    -97.148046
    Latitude
    27.910136

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    FAQs

    What type of property is this?
    Self storage facility - Commercial self-storage facility on a high-traffic boulevard in Aransas Pass.
    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: Income‑producing self‑storage facility with strong rental income potential.; High‑traffic location near HWY 35, Conn Brown Harbor, Port Aransas, and Rockport Beach.; Mix of unit sizes and outdoor parking spaces to accommodate diverse storage needs (boats, RVs).
    (361) 739-1161
    We can help!
    Listing Contact
    Donna Pancoast
    Donna Pancoast
    Real Estate License ID: 0542231
    Learn More
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    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
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