Versatile Retail Space For
For Sale
$140,000
217 W Nelson Ave, Aransas Pass, TX 78336
High-visibility retail space with existing equipment included in sale.
Property Size1,080 SF
Price / SF$129.63
Days on Market277
Property Features for 217 W Nelson Ave
General Information
Standard status
Active
Size
1,080 SF
Building Details
Year Built
1950
Listing Agency:
Kuper Sotheby's Intl Realty
Listed By:
Rhonda Hance · License #0734590
(816) 244-5383
Source:
Thebranchinc
Added: Jan 26
Changed: Oct 26
Last Checked: Oct 7 at 1:08PM
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 Kuper Sotheby's Intl Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property is located in a high-visibility, well-trafficked area. The building has a history of success as a beauty salon and is suited for a boutique, retail shop, salon, or other creative endeavor. Much of the existing equipment will convey with the sale.
Key Highlights
- High‑visibility location in a well‑trafficked area.
- Versatile space suitable for various business ventures (boutique, retail, salon, etc.).
- Existing equipment conveys with the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,841
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,820
$96.8K
Cap Rate 7%
$69,157
$69.2K
Cap Rate 9%
$53,789
$53.8K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$7.5K $6.96/SF
− Vacancy
−$601 −$0.56/SF
EGI
$6.9K $6.40/SF
− OpEx
−$2.1K −$1.92/SF
NOI
$4.8K $4.48/SF
Area
San Patricio County, TX
Vacancy
8.00%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,820
Cap Rate 7%
$69,157
Cap Rate 9%
$53,789
Alternative Uses
Best Use
Retail
$69.2K
$60.5K – $80.7K
NOI $4,841 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$554.0K
$484.8K – $646.4K
NOI $38,783 @ 7.0% cap · market cap 27.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail space with existing equipment included in sale.
Where is this retail space located?
The property is located at 217 W Nelson Ave Aransas Pass, TX.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: High‑visibility location in a well‑trafficked area.; Versatile space suitable for various business ventures (boutique, retail, salon, etc.).; Existing equipment conveys with the sale.
