For Sale
$415,000
801 S 9th St, Port Aransas, TX 78373
Live-work space
Property Size1,684 SF
Lot Size0.14 Acres
Price / SF$246.44
Days on Market82
Property Features for 801 S 9th St
General Information
Standard status
Active
Size
1,684 SF
Total Parking Spaces
7
Lot size
0.14 Acres
Zoning
C-2
Additional Details
Highway Access
Yes
Building Details
Year Built
1983
Listing Agency:
Mark Grosse Real Estate LLC
Listed By:
Tara Hogan · License #0620385
(806) 729-1778
Source:
Thebranchinc
Added: Jul 18
Changed: Oct 6
Last Checked: Oct 5 at 10:00PM
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 Mark Grosse Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- C‑2 zoned live/work commercial property with seller financing available
- 6022 SF lot with an additional 760 SF detached metal boat barn for storage or workspace
- 924 SF manufactured home offers 2 bedrooms, 2 baths, split‑bedroom layout, and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,168
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,360
$563.4K
Cap Rate 7%
$402,400
$402.4K
Cap Rate 9%
$312,978
$313.0K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$51.7K $30.72/SF
− Vacancy
−$14.2K −$8.42/SF
EGI
$37.6K $22.30/SF
− OpEx
−$9.4K −$5.58/SF
NOI
$28.2K $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 Rate 5%
$563,360
Cap Rate 7%
$402,400
Cap Rate 9%
$312,978
Alternative Uses
Best Use
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,962 @ 7.0% cap · market cap 29.39%
Second Best
Office B
$402.4K
$352.1K – $469.5K
NOI $28,168 @ 7.0% cap · market cap 6.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this live-work space located?
The property is located at 801 S 9th St Port Aransas, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: C‑2 zoned live/work commercial property with seller financing available; 6022 SF lot with an additional 760 SF detached metal boat barn for storage or workspace; 924 SF manufactured home offers 2 bedrooms, 2 baths, split‑bedroom layout, and LVP flooring
