Five-Building Flex
1125 W Market Street, Rockport, TX 78382
For Sale
$1,600,000
CommercialSale, Rockport, TX
Property Size9,728 SF
Lot Size1.10 Acres
Price / SF$164.47
Days on Market97
Property Features for 1125 W Market Street
General Information
Property type
Property subtype
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
Kuper Sotheby's Intl Realty
(361) 749-4000
Listed By:
Kathy Tullis · License #0513900
(361) 386-0572
Added: Aug 5
Changed: Oct 31
Last Checked: Nov 9 at 3:06AM
MLS# 480438
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.
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Investment Insights
Based on property information with market context.
This flex property comprises five red steel metal buildings on approximately 1.1 acres. The complex combines private offices, restrooms, warehouse areas, storage bays, loft office space, and open-plan workspace. Existing occupancy includes leased buildings, an owner-occupied building, and a leased storage bay, creating a mix of current commercial use and additional leasing flexibility. One building is configured for office and warehouse operations, while another supports detailing use. The open-plan building can accommodate retail, showroom, distribution, light industrial, or service-related operations as described in the property information.
The corner site fronts approximately 200 feet along W Market Street and 125 feet along Oak Avenue, with two entrances. The property is located at 1125 W Market Street in Rockport, Texas, and was built in 2015. Improvements feature metal siding and metal roofing, with public water service, central air conditioning, and electric heating.
The corner site fronts approximately 200 feet along W Market Street and 125 feet along Oak Avenue, with two entrances. The property is located at 1125 W Market Street in Rockport, Texas, and was built in 2015. Improvements feature metal siding and metal roofing, with public water service, central air conditioning, and electric heating.
Key Highlights
- Five red steel metal buildings on approximately 1.1 acres
- Approximately 200 feet of frontage on W Market Street
- Approximately 125 feet of frontage along Oak Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,631
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,772,620
$2.8M
Cap Rate 7%
$1,980,443
$2.0M
Cap Rate 9%
$1,540,344
$1.5M
Market Conditions
NOI Build-Up for 9,728 SF
Gross rent
$217.1K $22.32/SF
− Vacancy
−$32.3K −$3.32/SF
EGI
$184.8K $19.00/SF
− OpEx
−$46.2K −$4.75/SF
NOI
$138.6K $14.25/SF
Area
Aransas County, TX
Vacancy
14.87%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,772,620
Cap Rate 7%
$1,980,443
Cap Rate 9%
$1,540,344
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,631 @ 7.0% cap · market cap 8.66%
Second Best
Flex RnD
$1.30M
$1.13M – $1.51M
NOI $90,751 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$3.72M
$3.25M – $4.34M
NOI $260,314 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Under-served
Demand for This Use
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Corner commercial complex with office, warehouse, storage, and service-oriented space plus two entrances.
Where is this flex space located?
The property is located at 1125 W Market Street 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: Five red steel metal buildings on approximately 1.1 acres; Approximately 200 feet of frontage on W Market Street; Approximately 125 feet of frontage along Oak Avenue
