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Insulated Flex Building
For Sale
$835,000

1490 Sunray, Ingleside, TX 78362

CommercialSale, Ingleside, TX

Property Size5,760 SF
Lot Size0.57 Acres
Price / SF$144.97
Days on Market49

Property Features for 1490 Sunray

General Information

Property type Commercial Sale
Property subtype Office
Zoning L-1
Zoning description L-1
Parking features Off Street
Subdivision Aransas Pass-Burton & Danforth
Lot features Level
Standard status Active
APN 115676
Size 5,760 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description BURTON & DANFORTH SUBD BLK G, PT LOT 6 (0.572 ACRES)
Legal Description BURTON & DANFORTH SUBD BLK G, PT LOT 6 (0.572 ACRES)

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2015
Floors in Building 1
Building materials MetalSiding
Roof type Metal
Listing Agency: Tompkins Young Real Estate
Listed By: Diana Caldarella · License #0501952
Added: Aug 20 Changed: Sep 13 Last Checked: Oct 7 at 6:06AM
MLS# 481213

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.

Investment Insights

Based on property information with market context.

Built in 2015, this 5,760-square-foot flex building combines 2,340 square feet of finished office space with a 3,420-square-foot warehouse. The office layout includes a reception area, three offices, a conference room with built-in cabinets, storage, file storage, finished concrete floors, and two restrooms. The warehouse offers a 10-foot overhead door, exterior exit, overhead lighting, utility room, metal interior siding, and steel-frame construction.

The building is foam insulated and equipped with two HVAC units: a 5-ton system serving the warehouse and a 3-ton system serving the office area. The 0.57-acre lot is zoned L-1, has public water, off-street parking, and a metal roof. Located on Sunray Road in Ingleside's industrial district, the property provides access to Hwy. 361 and is surrounded by petrochemical investments.

Key Highlights

  • 5,760‑square‑foot flex building on a 0.57‑acre lot
  • Office area totals 2,340 square feet with three offices, conference room, storage, and two restrooms
  • Warehouse measures 3,420 square feet and includes a 10‑foot overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,519
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,490,380 $1.5M
Cap Rate 7%
$1,064,557 $1.1M
Cap Rate 9%
$827,989 $828.0K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$136.9K $23.76/SF
− Vacancy
−$37.5K −$6.51/SF
EGI
$99.4K $17.25/SF
− OpEx
−$24.8K −$4.31/SF
NOI
$74.5K $12.94/SF
Area
San Patricio County, TX
Vacancy
27.40%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,490,380
Cap Rate 7%
$1,064,557
Cap Rate 9%
$827,989

Alternative Uses

Best Use
Office B
$1.06M
$931.5K – $1.24M (±1% cap)
NOI $74,519 @ 7.0% cap · market cap 8.92%
Second Best
Warehouse
$546.4K
$478.1K – $637.5K (±1% cap)
NOI $38,248 @ 7.0% cap · market cap 4.58%
Theoretical Best
Hotel Hospitality
$2.95M
$2.59M – $3.45M (±1% cap)
NOI $206,842 @ 7.0% cap · market cap 24.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Auto Parts Store HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78362, TX

10,238
Population
4,701
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
86%
High-School Grad
18.3 sq mi
ZIP Area
559
Density / Sq Mi
$78,698
Median Household Income
$41,240
Median Earnings
$1,226
Median Rent
$182,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Metal flex property combines finished office areas with a functional warehouse and direct access to Hwy. 361.
Where is this flex space located?
The property is located at 1490 Sunray Ingleside, TX.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 5,760‑square‑foot flex building on a 0.57‑acre lot; Office area totals 2,340 square feet with three offices, conference room, storage, and two restrooms; Warehouse measures 3,420 square feet and includes a 10‑foot overhead door
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