Three-Bay Metal
For Sale
$350,000
454 Railroad Street, Aransas Pass, TX 78336
Corner-lot industrial building with a concrete slab for storage or future expansion.
Property Size4,200 SF
Lot Size1.17 Acres
Price / SF$83.33
Days on Market12
Property Features for 454 Railroad Street
General Information
Standard status
Active
Size
4,200 SF
Lot size
1.17 Acres
Property subtype
Business Opportunities
Additional Details
Outdoor Storage
Yes
Warehouse Space
4,200 SF
Amenities
3
Corner Lot.
Corner.
Building Details
Year Built
1978
Buildings
1
Stories
1
Building Size
4,200 SF
Construction
metal
Listing Agency:
(832) 523-8371
Listed By:
Keller Williams Coastal Bend
(832) 523-8371
Source:
Xome
Added: Jul 31
Changed: Aug 11
Last Checked: Aug 11 at 5:27AM
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.
Built in 1978, this 4,200-square-foot metal warehouse sits on 1.17 acres and includes three bay doors. The property is offered as a building-and-land sale, providing a straightforward base for a new owner’s configuration. An existing concrete slab adds usable outdoor area for storage or a future addition.
The corner-lot site is located at 454 Railroad Street in Aransas Pass, with access to Conn Harbor and the railroad. Temporary interior walls, a separate storage unit, a temporary septic system, and other personal property associated with the current tenant are excluded from the sale.
The corner-lot site is located at 454 Railroad Street in Aransas Pass, with access to Conn Harbor and the railroad. Temporary interior walls, a separate storage unit, a temporary septic system, and other personal property associated with the current tenant are excluded from the sale.
Key Highlights
- 4,200‑square‑foot metal warehouse on 1.17 acres
- Three bay doors support warehouse and loading functions
- Corner‑lot position at 454 Railroad Street
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,889
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,780
$557.8K
Cap Rate 7%
$398,414
$398.4K
Cap Rate 9%
$309,878
$309.9K
Market Conditions
NOI Build-Up for 4,200 SF
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.
Gross rent
$35.3K $8.40/SF
− Vacancy
−$2.5K −$0.59/SF
EGI
$32.8K $7.81/SF
− OpEx
−$4.9K −$1.17/SF
NOI
$27.9K $6.64/SF
Area
San Patricio County, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,780
Cap Rate 7%
$398,414
Cap Rate 9%
$309,878
Alternative Uses
Best Use
Warehouse
$398.4K
$348.6K – $464.8K
NOI $27,889 @ 7.0% cap · market cap 7.97%
Second Best
Industrial
$298.8K
$261.5K – $348.7K
NOI $20,919 @ 7.0% cap · market cap 5.98%
Theoretical Best
Hotel Hospitality
$2.15M
$1.89M – $2.51M
NOI $150,822 @ 7.0% cap · market cap 43.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ARANSAS BOAT CO (OUTDOOR STORAGE) — 144 E Maddox Ave, Aransas Pass, TX 78336
- Mount Storage — 161 S Arch St, Aransas Pass, TX 78336
- Retro Storage LLC — 161 S Arch St, Aransas Pass, TX 78336
- Ap Self Storage — 530 W Cleveland Blvd, Aransas Pass, TX 78336
- Marina — 504 Huff St, Aransas Pass, TX 78336
Frequently Asked Questions
What type of property is this?
Warehouse - Corner-lot industrial building with a concrete slab for storage or future expansion.
Where is this warehouse located?
The property is located at 454 Railroad Street Aransas Pass, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,200‑square‑foot metal warehouse on 1.17 acres; Three bay doors support warehouse and loading functions; Corner‑lot position at 454 Railroad Street
