Highway Office
New
For Sale
$399,900
1140 US-77, Robstown, TX 78380
Recently built commercial building with adaptable space for office, retail, or other business uses.
Property Size1,748 SF
Lot Size1.05 Acres
Price / SF$228.78
Days on Market7
Property Features for 1140 US-77
General Information
Standard status
Active
Size
1,748 SF
Lot size
1.05 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Other
Other.
Building Details
Year Built
2021
Buildings
1
Stories
1
Building Size
1,748 SF
Listing Agency:
Coldwell Banker Pacesetter NW
(361) 443-4997
Listed By:
Roland Gonzales · License #0706447
(361) 443-4997
Source:
Xome
Added: Aug 9
Changed: Aug 14
Last Checked: Aug 14 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Pacesetter NW
Investment Insights
Based on property information with market context.
Located at 1140 US-77 in Robstown, Texas, this office property includes a 1,748-square-foot building completed in 2021. The site encompasses 1.05 acres and provides space that can be configured for office, retail, or other business applications.
The property fronts US Highway 77, providing direct highway access and a prominent commercial setting. Its existing building and acreage offer a straightforward starting point for an owner or occupant seeking adaptable commercial space.
The property fronts US Highway 77, providing direct highway access and a prominent commercial setting. Its existing building and acreage offer a straightforward starting point for an owner or occupant seeking adaptable commercial space.
Key Highlights
- 1.05‑acre commercial site along US Highway 77
- 1,748‑square‑foot building
- Constructed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,239
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,780
$584.8K
Cap Rate 7%
$417,700
$417.7K
Cap Rate 9%
$324,878
$324.9K
Market Conditions
NOI Build-Up for 1,748 SF
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.
Gross rent
$53.7K $30.72/SF
− Vacancy
−$14.7K −$8.42/SF
EGI
$39.0K $22.30/SF
− OpEx
−$9.7K −$5.58/SF
NOI
$29.2K $16.73/SF
Area
Nueces County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,780
Cap Rate 7%
$417,700
Cap Rate 9%
$324,878
Alternative Uses
Best Use
Office B
$417.7K
$365.5K – $487.3K
NOI $29,239 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.81M
$1.58M – $2.11M
NOI $126,597 @ 7.0% cap · market cap 31.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 78380, TX
23,386
Population
9,557
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
78%
High-School Grad
342.7 sq mi
ZIP Area
68
Density / Sq Mi
$59,322
Median Household Income
$34,709
Median Earnings
$1,001
Median Rent
$141,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Recently built commercial building with adaptable space for office, retail, or other business uses.
Where is this office units located?
The property is located at 1140 US-77 Robstown, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1.05‑acre commercial site along US Highway 77; 1,748‑square‑foot building; Constructed in 2021
