Flex Space with
New
For Sale
$375,000
3718 N 35 Highway, Fulton, TX 78382
CommercialSale, Fulton, TX
Property Size1,344 SF
Lot Size0.29 Acres
Price / SF$279.02
Days on Market3
Property Features for 3718 N 35 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Zoning description
C
Parking
2
Parking features
Garage, Carport, Off Street
Subdivision
FULTON TOWNSITE
Lot features
Subdivided, Level
Standard status
Active
APN
2026-078-006-000
Size
1,344 SF
Lot size
0.29 Acres
Additional Details
Real Estate Included
Yes
Taxes and HOA fees
Tax Description
FULTON TOWNSITE, BLOCK 78; LOT 6 & 13
Legal Description
FULTON TOWNSITE, BLOCK 78; LOT 6 & 13
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
garage/workshop area
covered parking
overhead doors
covered areas
Building Details
Year built
1960
Floors in Building
1
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Texas Ally Real Estate Group
(512) 763-2559
Listed By:
Maria Cruz · License #0609041
(361) 438-6409
Added: Oct 26
Last Checked: Oct 28 at 4:06AM
MLS# 484397
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.
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Investment Insights
Based on property information with market context.
This 1,344-square-foot flex property includes a substantial garage and workshop area, overhead doors, covered parking, and additional interior space. Metal siding, a metal roof, central air, and central electric heat are among the building features. Public water and sewer serve the property, which was built in 1960.
The 0.287-acre site is on N. Highway 35 in Fulton and is zoned C. Parking includes a garage, carport, and off-street spaces.
The 0.287-acre site is on N. Highway 35 in Fulton and is zoned C. Parking includes a garage, carport, and off-street spaces.
Key Highlights
- 1,344 square feet of building area
- Substantial garage and workshop area with overhead doors
- Covered parking, plus garage and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,495
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,900
$309.9K
Cap Rate 7%
$221,357
$221.4K
Cap Rate 9%
$172,167
$172.2K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$24.2K $18.00/SF
− Vacancy
−$2.1K −$1.53/SF
EGI
$22.1K $16.47/SF
− OpEx
−$6.6K −$4.94/SF
NOI
$15.5K $11.53/SF
Area
Aransas County, TX
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,900
Cap Rate 7%
$221,357
Cap Rate 9%
$172,167
Alternative Uses
Best Use
Retail
$221.4K
$193.7K – $258.3K
NOI $15,495 @ 7.0% cap · market cap 4.13%
Second Best
Flex RnD
$179.1K
$156.7K – $209.0K
NOI $12,538 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$513.8K
$449.6K – $599.4K
NOI $35,964 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A garage, covered parking, and additional interior space support a range of commercial configurations.
Where is this flex space located?
The property is located at 3718 N 35 Highway Fulton, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,344 square feet of building area; Substantial garage and workshop area with overhead doors; Covered parking, plus garage and off‑street parking
