Commercial Kitchen with Loading
For Sale
$1,600,000
701 Hwy 35 N, Rockport, TX 78382
Business Opportunity, ROCKPORT, TX
Property Size3,320 SF
Price / SF$481.93
Days on Market174
Property Features for 701 Hwy 35 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Residential
Subdivision
Smith and Wood
Elementary school district
RFISD
Middle school district
RFISD
High school district
RFISD
Standard status
Active
Size
3,320 SF
Amenities
storage
loading dock
Building Details
Year built
1956
Floors in Building
1
Number of units
1
Listing Agency:
KEY ALLEGRO REAL ESTATE
(361) 729-3691
Listed By:
KELLY HANCOCK · License #0392108
(832) 377-9090
Added: Apr 17
Changed: Sep 3
Last Checked: Oct 7 at 2:06PM
MLS# 155063
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 3,320-square-foot commercial kitchen property at 701 Hwy 35 N in Rockport includes durable concrete floors, a commercial stove and vent, an oven, a dishwasher, and multiple sinks. The building also contains two half baths, generous storage, ample parking, and a loading dock to support day-to-day operations. Built in 1956, the property overlooks Little Bay and is zoned Residential.
Key Highlights
- 3,320‑square‑foot commercial kitchen property
- Commercial stove, vent, oven, and dishwasher included
- Two half baths and multiple sinks throughout the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,617
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,340
$952.3K
Cap Rate 7%
$680,243
$680.2K
Cap Rate 9%
$529,078
$529.1K
Market Conditions
NOI Build-Up for 3,320 SF
Gross rent
$66.1K $19.92/SF
− Vacancy
−$2.6K −$0.80/SF
EGI
$63.5K $19.12/SF
− OpEx
−$15.9K −$4.78/SF
NOI
$47.6K $14.34/SF
Area
Aransas County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,340
Cap Rate 7%
$680,243
Cap Rate 9%
$529,078
Alternative Uses
Best Use
Specialty Retail
$680.2K
$595.2K – $793.6K
NOI $47,617 @ 7.0% cap · market cap 2.98%
Second Best
Industrial
$314.9K
$275.6K – $367.4K
NOI $22,045 @ 7.0% cap · market cap 1.38%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,841 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Hotels & Casinos 10%
Dollar Tree
Shops & Services
6,557 visits/mo
0.4 miles
Circle K
Shops & Services
4,758 visits/mo
0.3 miles
Wells Fargo
Shops & Services
3,284 visits/mo
0.1 miles
Watermill Express
Shops & Services
3,191 visits/mo
0.4 miles
Holiday Inn Express & Suites Rockport Texas
Hotels & Casinos
1,012 visits/mo
0.3 miles
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Functional food-service property with durable flooring, dedicated kitchen equipment, storage, parking, and two half baths.
Where is this commercial kitchen located?
The property is located at 701 Hwy 35 N Rockport, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,320‑square‑foot commercial kitchen property; Commercial stove, vent, oven, and dishwasher included; Two half baths and multiple sinks throughout the space
