Warehouse with Air-Conditioned Office
206 Highway 35 S Rockport, TX 78382
For Sale
$998,000
Metal warehouse with multiple overhead doors, air-conditioned offices, and a caboose feature on-site.
Property Size8,175 SF
Price / SF$122.08
Days on Market519
Property Features for 206 Highway 35 S
General Information
- Standard status
- Active
- Size
- 8,175 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency:
(936) 671-2671
Listed By:
Keller Williams Coastal Bend
(936) 671-2671
Source:
Xome
Added: Feb 19, 2025
Changed: Jul 23
Last Checked: Jul 23 at 1:12PM
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 Keller Williams Coastal Bend
Investment Insights
Based on property information with market context.
This 8,175 sq. ft. commercial property for sale combines warehouse and office improvements, including a 4,950 sq. ft. main metal building. The warehouse features 3-phase 220V power, five overhead doors, and two restrooms, along with an air-conditioned office with a loft and a large storage room. A 525 sq. ft. cinderblock addition connects directly to the warehouse, providing additional workspace.
Additional space includes a separate 1,500 sq. ft. office and break room building with approximately 1,000 sq. ft. of air-conditioned area, featuring a kitchen/lounge, two private offices, and a full bathroom with washer/dryer hookups. An additional 500 sq. ft. workshop with single-phase 220V is included in that structure.
A standout improvement is a real train caboose positioned on actual tracks, currently improved with a 1,200 sq. ft. attached structure that includes two restrooms and single-phase 220V service. The property is located at 206 Highway 35 S in Rockport, TX 78382, and the existing tenant may remain for immediate income potential.
Additional space includes a separate 1,500 sq. ft. office and break room building with approximately 1,000 sq. ft. of air-conditioned area, featuring a kitchen/lounge, two private offices, and a full bathroom with washer/dryer hookups. An additional 500 sq. ft. workshop with single-phase 220V is included in that structure.
A standout improvement is a real train caboose positioned on actual tracks, currently improved with a 1,200 sq. ft. attached structure that includes two restrooms and single-phase 220V service. The property is located at 206 Highway 35 S in Rockport, TX 78382, and the existing tenant may remain for immediate income potential.
Key Highlights
- 8,175 sq. ft. prime commercial warehouse + office property on Hwy 35 in Rockport with flexible space.
- Main 4,950 sq. ft. metal building with 3‑phase 220V power, five overhead doors, and two restrooms.
- Air‑conditioned office area with loft and large storage room included in the main building.
Financial Insights For Flex RnD
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 | $127.5k | $15.60 |
| − Vacancy | −$10.2k | −$1.25 |
| EGI | $117.3k | $14.35 |
| − OpEx | −$41.1k | −$5.02 |
| NOI | $76.3k | $9.33 |
8,175 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.66M
$1.46M – $1.94M
NOI $116,500 @ 7.0% cap · market cap 11.67%
Second Best
Flex RnD
$1.09M
$953.3K – $1.27M
NOI $76,263 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$3.13M
$2.73M – $3.65M
NOI $218,757 @ 7.0% cap · market cap 21.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Metal warehouse with multiple overhead doors, air-conditioned offices, and a caboose feature on-site.
Where is this flex space located?
The property is located at 206 Highway 35 S Rockport, TX.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 8,175 sq. ft. prime commercial warehouse + office property on Hwy 35 in Rockport with flexible space.; Main 4,950 sq. ft. metal building with 3‑phase 220V power, five overhead doors, and two restrooms.; Air‑conditioned office area with loft and large storage room included in the main building.
