Mixed-Use Property with Three
New
For Sale
$1,100,000
102 Bishop Rd, Rockport, TX 78382
CommercialSale, Rockport, TX
Property Size8,000 SF
Lot Size0.80 Acres
Price / SF$137.50
Days on Market3
Property Features for 102 Bishop Rd
General Information
Property type
Commercial Sale
Property subtype
Retail
Security features
Security
Lot features
Outside City Limits, Half To One Acre Lot
Directions
From Rockport, head south on Business Hwy 35 toward Aransas Pass. Turn right onto Bishop Rd near A Star Golf and the storage facility. Property is located at 102 Bishop Rd, near the intersection of Bishop Rd and Business Hwy 35.
Standard status
Active
APN
28484
Size
8,000 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
McLESTER ACRES, LOT 1 (175 X 198.2), ACRES 0.7962
Legal Description
McLESTER ACRES, LOT 1 (175 X 198.2), ACRES 0.7962
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame
Listing Agency:
Land Unlimited
(512) 729-7139
Listed By:
Maemie Williams · License #0755316
(512) 787-3433
Added: Oct 16
Changed: Oct 18
Last Checked: Oct 18 at 11:06PM
MLS# 628058
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.
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Investment Insights
Based on property information with market context.
Three separate buildings comprise this 0.80-acre mixed-use property, with 8,000 square feet of reported property area. One building contains an indoor golf entertainment facility with multiple simulator bays and a bar. A second commercial building is vacant, and the third operates as a water dispensing facility. Equipment, furnishings, and materials currently on site are included in the sale.
The property sits along the Hwy 35 corridor in Rockport, outside the city limits. Public water and public sewer serve the site. Construction materials are described as metal frame, and the flooring is concrete.
The property sits along the Hwy 35 corridor in Rockport, outside the city limits. Public water and public sewer serve the site. Construction materials are described as metal frame, and the flooring is concrete.
Key Highlights
- Three separate buildings on 0.80 acres
- 8,000 square feet of property area
- Indoor golf facility with multiple simulator bays and a bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,400
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,728,000
$1.7M
Cap Rate 7%
$1,234,286
$1.2M
Cap Rate 9%
$960,000
$960.0K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$153.6K $19.20/SF
− Vacancy
−$15.4K −$1.92/SF
EGI
$138.2K $17.28/SF
− OpEx
−$51.8K −$6.48/SF
NOI
$86.4K $10.80/SF
Area
Aransas County, TX
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,728,000
Cap Rate 7%
$1,234,286
Cap Rate 9%
$960,000
Alternative Uses
Best Use
Mixed Use
$1.23M
$1.08M – $1.44M
NOI $86,400 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,074 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 78382, TX
19,432
Population
13,048
Households
1.5
Avg Household Size
53
Median Age
30%
College-Educated
92%
High-School Grad
79.9 sq mi
ZIP Area
243
Density / Sq Mi
$63,434
Median Household Income
$38,741
Median Earnings
$1,147
Median Rent
$238,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An indoor golf venue, a vacant commercial building, and a water dispensing facility occupy one commercial site.
Where is this mixed-use property located?
The property is located at 102 Bishop Rd Rockport, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three separate buildings on 0.80 acres; 8,000 square feet of property area; Indoor golf facility with multiple simulator bays and a bar
