Mixed-Use Office and
For Sale
$1,995,000
1703 Highway 35 S, Rockport, TX 78382
COMMERCIAL - Rockport, TX
Property Size10,688 SF
Lot Size0.83 Acres
Price / SF$186.66
Days on Market141
Property Features for 1703 Highway 35 S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage, Off Street
Subdivision
Manning
Lot features
Corner Lot, Landscaped
Standard status
Active
APN
3800133001000
Size
10,688 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Description
MANNING, BLOCK 133, LOT 1-RA
Legal Description
MANNING, BLOCK 133, LOT 1-RA
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Floors in Building
2
Listing Agency:
Kuper Sotheby's Intl Realty
(361) 749-4000
Listed By:
Adam Rivera · License #0645190
(210) 872-8683
Added: Mar 12
Changed: Jul 12
Last Checked: Jul 30 at 11:06PM
MLS# 473140
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.
This mixed-use property in Rockport, Texas combines a primary office/showroom with additional commercial and residential space. The main 4,281-square-foot layout includes two executive offices, six support offices, a conference room, file room, break room, two restrooms, and a reception and waiting area. The building also features ICF (Insulated Concrete Form) construction and hurricane-rated windows. A tile-roof exterior and an inviting entry patio with two ponds and natural landscaping set the tone for client-facing use.
The site includes ample parking and convenient access for staff and visitors. In addition to the office/showroom, there is approximately 1,922 square feet of attached storage with dual half-baths, plus a separate 3,900-square-foot warehouse for operational flexibility. Above the commercial space sits a 2,680-square-foot residence, offering optional executive housing, short-term rental income, or long-term residential leasing potential for an owner-user or investor.
The site includes ample parking and convenient access for staff and visitors. In addition to the office/showroom, there is approximately 1,922 square feet of attached storage with dual half-baths, plus a separate 3,900-square-foot warehouse for operational flexibility. Above the commercial space sits a 2,680-square-foot residence, offering optional executive housing, short-term rental income, or long-term residential leasing potential for an owner-user or investor.
Key Highlights
- 4,281 SF office/showroom with reception/waiting, conference room, break room, file room, 2 executive offices, 6 support offices, and 2 restrooms
- Additional space: 1,922 SF attached storage with dual half‑baths plus a separate 3,900 SF warehouse for operational flexibility
- 2,680 SF residence above the commercial space for potential executive housing, short‑term rentals, or long‑term leasing
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $238.6k | $22.32 |
| − Vacancy | −$35.5k | −$3.32 |
| EGI | $203.1k | $19.00 |
| − OpEx | −$50.8k | −$4.75 |
| NOI | $152.3k | $14.25 |
10,688 SF · lease $22.32/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.18M
$1.90M – $2.54M
NOI $152,312 @ 7.0% cap · market cap 7.63%
Second Best
Flex RnD
$1.42M
$1.25M – $1.66M
NOI $99,706 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,003 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - White stucco office/showroom with ICF construction plus attached storage, a separate warehouse, and an above residence in Rockport.
Where is this flex space located?
The property is located at 1703 Highway 35 S Rockport, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 4,281 SF office/showroom with reception/waiting, conference room, break room, file room, 2 executive offices, 6 support offices, and 2 restrooms; Additional space: 1,922 SF attached storage with dual half‑baths plus a separate 3,900 SF warehouse for operational flexibility; 2,680 SF residence above the commercial space for potential executive housing, short‑term rentals, or long‑term leasing
