Storefront Property with Open
904 HWY 35 S, Rockport, TX 78382
For Sale
$498,000
CommercialSale, Rockport, TX
Property Size2,400 SF
Lot Size0.24 Acres
Price / SF$207.50
Days on Market283
Property Features for 904 HWY 35 S
General Information
Property type
Property subtype
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Listing Agency:
PorchLight Realty
(361) 239-4239
Listed By:
Robert Ellis · License TX #0682370
(361) 739-7219
Added: Feb 4
Changed: Oct 22
Last Checked: Nov 13 at 4:06AM
MLS# 470865
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 storefront property is undergoing remodeling and offers an open interior that can be configured for retail, service, office, or specialty use. The first floor contains 2,400 square feet, with an additional 1,212 square feet upstairs. Large storefront windows provide substantial display area, while high ceilings and existing framing support continued build-out. Partial improvements are already in place for the next phase of construction.
The property sits on 0.2442 acres at 904 HWY 35 S in Rockport, Texas. Built in 1984, it is served by public water and public sewer. The two-level layout and unfinished condition provide a commercial space that can be completed around the operational requirements of the future occupant or owner.
The property sits on 0.2442 acres at 904 HWY 35 S in Rockport, Texas. Built in 1984, it is served by public water and public sewer. The two-level layout and unfinished condition provide a commercial space that can be completed around the operational requirements of the future occupant or owner.
Key Highlights
- 2,400 square feet on the 1st floor with 1,212 square feet upstairs
- Large storefront windows and high ceilings
- Open interior with framing and partial improvements already in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,127
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,540
$642.5K
Cap Rate 7%
$458,957
$459.0K
Cap Rate 9%
$356,967
$357.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.8K $19.92/SF
− Vacancy
−$1.9K −$0.80/SF
EGI
$45.9K $19.12/SF
− OpEx
−$13.8K −$5.74/SF
NOI
$32.1K $13.39/SF
Area
Aransas County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,540
Cap Rate 7%
$458,957
Cap Rate 9%
$356,967
Alternative Uses
Best Use
Retail
$459.0K
$401.6K – $535.5K
NOI $32,127 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$917.5K
$802.8K – $1.07M
NOI $64,222 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Groceries 31%
Dining 23%
Shops & Services 10%
Walmart
Superstores
42,938 visits/mo
0.3 miles
H-E-B
Groceries
39,412 visits/mo
0.5 miles
Whataburger
Dining
18,273 visits/mo
0.2 miles
Taco Bell
Dining
7,363 visits/mo
0.3 miles
Murphy USA
Shops & Services
6,254 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Lulu's Flowers — 2722 Business, Hwy 35 N Bypass, Rockport, TX 78382
Frequently Asked Questions
What type of property is this?
Storefront property - Partially remodeled commercial building with prominent display windows, tall ceilings, and public water and sewer service.
Where is this storefront property located?
The property is located at 904 HWY 35 S Rockport, TX.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: 2,400 square feet on the 1st floor with 1,212 square feet upstairs; Large storefront windows and high ceilings; Open interior with framing and partial improvements already in place
