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

    701 Hwy 35 N Rockport, TX 78382

    View on Map
    Claim this Listing
    New
    For Sale
    $1,600,000

    Existing Business - ROCKPORT, TX

    Property size:
    3,320 SF
    Added:
    Apr 17, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 17 at 8:06 pm

    Property Features for 701 Hwy 35 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Residential
    Exterior features
    Fencing, Loading Dock, Outside Storage
    Fencing
    Fenced
    Standard status
    Active
    Size
    3,320 SF

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1956
    Number of units
    1
    Building materials
    Stucco
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    KELLY HANCOCK
    KELLY HANCOCK

    Listing agent KELLY HANCOCK

    Listing office KEY ALLEGRO REAL ESTATE 1798 BAYSHORE DRIVE, Rockport, TX

    Listing date Apr 17, 2026

    MLS# 155063 Listing URL

    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.

    Overview

    Commercial Property Overlooking Little Bay

    This established commercial property overlooks Little Bay and is designed for functionality and efficiency. The property features durable concrete floors, a full kitchen, two half baths, and multiple sinks throughout. It is well-suited for a variety of business uses. Additional features include ample parking, generous storage space, and a convenient loading dock. The property is located in Rockport, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Aransas
    State
    Texas
    Longitude
    -97.0480423
    Latitude
    28.0293464

    Nearby Similar for Sale

    • $998,000
      8,175 SF

      Unique Commercial Property with Train Caboose

      8,175 sq ft commercial property with unique train caboose.
      206 Hwy 35 S, ROCKPORT, TX 78382
      View Details
    • $360,000
      3,340 SF

      Versatile Shop on Unrestricted Lots

      Unrestricted Rockport property with shop, office space, and dual access.
      2324 Monkey Road, ROCKPORT, TX 78382
      View Details
    • $498,000
      2,400 SF

      Rockport Retail Space Opportunity

      High-visibility retail space in Rockport, ready for customization.
      904 HWY 35 S, Rockport, TX 78382
      View Details
    • $1,600,000
      3,320 SF

      Commercial Property Overlooking Little Bay

      Established commercial property with durable features and ample parking.
      701 Hwy 35 N, Rockport, TX 78382
      View Details
    • $929,000
      5,310 SF

      Rockport Multifamily Investment Opportunity

      Six-unit residential portfolio in Rockport, TX, near Aransas Bay.
      419 W Concho, ROCKPORT, TX 78382
      View Details
    • $599,000
      5,000 SF

      Spacious Warehouse in Coastal Rockport

      5,000 sqft warehouse with highway access and owner financing.
      916 Fuqua St, ROCKPORT, TX 78382
      View Details
    • $699,000
      5,700 SF

      Spacious Warehouse in Coastal Rockport

      5,700 sqft warehouse with highway access in Rockport, Texas.
      114 W First St, ROCKPORT, TX 78382
      View Details
    • $349,000

      Commercial Land in Rockport, TX

      Commercial land with high potential near HEB and Taco Bell.
      1502 Highway 35 N lot: 7, Rockport, TX 78382
      View Details
    • $449,995
      1,186 SF

      ROCKPORT, TX - Existing Business

      Clean park with long-term tenants and room for expansion.
      1145 HERON LN, ROCKPORT, TX 78382
      View Details
    • $489,500
      1,008 SF

      Rockport Income-Generating Single Family Package

      Three income-producing units on 4 acres near Rockport, TX.
      1201 Weeping Willow, ROCKPORT, TX 78382
      View Details
    • $309,000
      2,126 SF

      Rockport Triplex Investment Opportunity

      Triplex in Rockport near restaurants, shops, and beaches.
      105 W James St Apt A-C, ROCKPORT, TX 78382
      View Details
    • $998,000
      8,175 SF

      Rockport Commercial Warehouse and Office

      8,175 SF commercial property with warehouse, office, and caboose.
      206 Highway 35 S, Rockport, TX 78382
      View Details

    FAQs

    What type of property is this?
    Specialty property - Established commercial property in Rockport, TX, with versatile features.
    Where is this specialty property located?
    The property is located at 701 Hwy 35 N Rockport, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Overlooking Little Bay, enjoy scenic views.; Loading dock for ease of operations.; Ample parking available.
    (832) 377-9090
    We can help!
    Listing Contact
    KELLY HANCOCK
    KELLY HANCOCK
    Real Estate License ID: 0392108
    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!