701 Hwy 35 N Rockport, TX 78382
COMMERCIAL - ROCKPORT, TX
Property Features for 701 Hwy 35 N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- Size
- 3,320 SF
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Number of units
- 1
Listing agent KELLY HANCOCK License #0392108 (832) 377-9090
Listing office KEY ALLEGRO REAL ESTATE 1798 BAYSHORE DRIVE, Rockport, TX (361) 729-3691
Listing date Apr 17, 2026
Copyright © 2026 Rockport Area Association of Realtors. 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.
Key Highlights
- Overlooking Little Bay
- Commercial kitchen with commercial stove/vent, oven, and dishwasher
- Ample parking
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.1k | $19.92 |
| − Vacancy | −$2.6k | −$0.80 |
| EGI | $63.5k | $19.12 |
| − OpEx | −$15.9k | −$4.78 |
| NOI | $47.6k | $14.34 |
