Office Building with Fenced
New
For Sale
$275,000
2571 First Street, Ingleside, TX 78362
Business Opportunity, Ingleside, TX
Property Size968 SF
Lot Size0.26 Acres
Price / SF$284.09
Days on Market5
Property Features for 2571 First Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
Ingleside-Frank Phelps
Elementary school district
IISD
Middle school district
IISD
High school district
IISD
Standard status
Active
Size
968 SF
Lot size
0.26 Acres
Amenities
updated porch
accessibility ramp
Building Details
Year built
1946
Floors in Building
1
Number of units
1
Listing Agency:
SPEARS & COMPANY REAL ESTATE
(361) 790-7653
Listed By:
Southern Coast Realty Team Curt and Sarah Engel
(361) 729-1144
Added: Oct 10
Last Checked: Oct 14 at 5:06PM
MLS# 156190
Copyright © 2026 Rockport Area Association of Realtors. 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 968-square-foot office building, constructed in 1946, is currently used by an insurance company. Interior updates include fresh paint and new flooring; exterior improvements include a paved blacktop parking area, an updated porch, and an accessibility ramp. The sale includes the building and its contents.
The 0.263-acre property has a fully fenced rear area with a storage building, along with space that may accommodate future development or expanded parking. Commercial zoning applies.
The 0.263-acre property has a fully fenced rear area with a storage building, along with space that may accommodate future development or expanded parking. Commercial zoning applies.
Key Highlights
- 968‑square‑foot office building on 0.263 acres
- Built in 1946; currently operating as an insurance office
- Interior paint and flooring have been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,523
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,460
$250.5K
Cap Rate 7%
$178,900
$178.9K
Cap Rate 9%
$139,144
$139.1K
Market Conditions
NOI Build-Up for 968 SF
Gross rent
$23.0K $23.76/SF
− Vacancy
−$6.3K −$6.51/SF
EGI
$16.7K $17.25/SF
− OpEx
−$4.2K −$4.31/SF
NOI
$12.5K $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%
$250,460
Cap Rate 7%
$178,900
Cap Rate 9%
$139,144
Alternative Uses
Best Use
Office B
$178.9K
$156.5K – $208.7K
NOI $12,523 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$496.6K
$434.5K – $579.4K
NOI $34,761 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Commercial-zoned space includes a separate storage building and outdoor area for additional use.
Where is this office building located?
The property is located at 2571 First Street Ingleside, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 968‑square‑foot office building on 0.263 acres; Built in 1946; currently operating as an insurance office; Interior paint and flooring have been updated
