General Commercial Mixed-Use
621 E SINTON ST, Sinton, TX 78387
For Sale
Contact for pricing
The property offers 2,564 square feet of commercial space in Sinton, Texas.
Property Size2,564 SF
Price / SF$126.76
Days on Market22
Property Features for 621 E SINTON ST
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Listing Agency:
Carlisle Realty-Corpus Christi
Listed By:
Robert Cooper · License #784009
(361) 980-6016
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 6:11PM
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 Carlisle Realty-Corpus Christi
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Investment Insights
Based on property information with market context.
This mixed-use property contains 2,564 square feet of general commercial space. Located at 621 E Sinton St in Sinton, Texas, it is offered for sale.
Key Highlights
- 2,564 SF of general commercial space
- Located at 621 E Sinton St in Sinton, Texas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,961
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,220
$519.2K
Cap Rate 7%
$370,871
$370.9K
Cap Rate 9%
$288,456
$288.5K
Market Conditions
NOI Build-Up for 2,564 SF
Gross rent
$46.2K $18.00/SF
− Vacancy
−$4.6K −$1.80/SF
EGI
$41.5K $16.20/SF
− OpEx
−$15.6K −$6.07/SF
NOI
$26.0K $10.13/SF
Area
San Patricio County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,220
Cap Rate 7%
$370,871
Cap Rate 9%
$288,456
Alternative Uses
Best Use
Mixed Use
$370.9K
$324.5K – $432.7K
NOI $25,961 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$722.6K
$632.3K – $843.1K
NOI $50,584 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
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Business Placement
Demographics for 78387, TX
9,936
Population
3,762
Households
2.6
Avg Household Size
38
Median Age
11%
College-Educated
81%
High-School Grad
172.2 sq mi
ZIP Area
58
Density / Sq Mi
$48,000
Median Household Income
$29,620
Median Earnings
$918
Median Rent
$122,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property offers 2,564 square feet of commercial space in Sinton, Texas.
Where is this mixed-use property located?
The property is located at 621 E SINTON ST Sinton, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,564 SF of general commercial space; Located at 621 E Sinton St in Sinton, Texas
