Bar Property with Outdoor
118 Cut Off Road, Port Aransas, TX 78373
For Sale
$1,295,000
CommercialSale, Port Aransas, TX
Property Size3,100 SF
Lot Size0.35 Acres
Price / SF$417.74
Days on Market223
Property Features for 118 Cut Off Road
General Information
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Zoning
Zoning description
Subdivision
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Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
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Building Details
Year built
Floors in Building
Building materials
Listing Agency:
Tarpon Realty
Listed By:
Ryan Richter · License TX #0635792
(361) 815-6784
Added: Apr 3
Changed: Oct 20
Last Checked: Nov 10 at 11:06PM
MLS# 474211
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.
Located at 118 Cut Off Road in Port Aransas, this 3,100-square-foot bar property occupies 0.3522 acres and was built in 2001. The two-level building includes multiple bar areas, customer restrooms on both floors, staff workspace, office space, and a private apartment with a full bath. Central air conditioning serves the building, and the property has aluminum siding.
The site is positioned on a main thoroughfare near city department buildings, the Civic Center, and the ferry landing. The second level provides ship channel views and includes an outdoor bar area. C-2 zoning, parking for over 22 vehicles, and additional outdoor area are also part of the property.
The site is positioned on a main thoroughfare near city department buildings, the Civic Center, and the ferry landing. The second level provides ship channel views and includes an outdoor bar area. C-2 zoning, parking for over 22 vehicles, and additional outdoor area are also part of the property.
Key Highlights
- 3,100‑square‑foot building on 0.3522 acres
- C‑2 zoning in Port Aransas
- Multiple bar areas, including an outdoor bar upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,724
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,480
$1.1M
Cap Rate 7%
$781,771
$781.8K
Cap Rate 9%
$608,044
$608.0K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$77.4K $24.96/SF
− Vacancy
−$4.4K −$1.42/SF
EGI
$73.0K $23.54/SF
− OpEx
−$18.2K −$5.88/SF
NOI
$54.7K $17.65/SF
Area
Nueces County, TX
Vacancy
5.70%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,480
Cap Rate 7%
$781,771
Cap Rate 9%
$608,044
Alternative Uses
Best Use
Specialty Retail
$781.8K
$684.1K – $912.1K
NOI $54,724 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$954.2K – $1.27M
NOI $76,334 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 85%
Shops & Services 12%
Hotels & Casinos 3%
Family Center IGA Food Store
Groceries
18,059 visits/mo
0.5 miles
7-Eleven
Shops & Services
2,452 visits/mo
0.2 miles
Americas Best Value Inn
Hotels & Casinos
632 visits/mo
0.5 miles
Demographics for 78373, TX
3,134
Population
5,614
Households
0.6
Avg Household Size
56
Median Age
38%
College-Educated
95%
High-School Grad
18.8 sq mi
ZIP Area
167
Density / Sq Mi
$90,000
Median Household Income
$52,353
Median Earnings
$2,226
Median Rent
$518,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Port A Beer Hut — 905 TX-361, Port Aransas, TX 78373
- Bron's Backyard — 314 E Avenue G, Port Aransas, TX 78373
- Third Coast Theater — 502 E Avenue G, Port Aransas, TX 78373
- Bron's Shaved Ice and To Go Bar — 314 E Avenue G, Port Aransas, TX 78373
- Tropical Sno of Port Aransas — 501 S Alister St, Port Aransas, TX 78373
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-level bar property with multiple service areas, restrooms, office space, and a private apartment.
Where is this bar & pub located?
The property is located at 118 Cut Off Road Port Aransas, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3,100‑square‑foot building on 0.3522 acres; C‑2 zoning in Port Aransas; Multiple bar areas, including an outdoor bar upstairs
