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    1560 Wheeler Ave Aransas Pass, TX 78336

    Sponsored
    For Sale
    $989,000

    9,948 SF Vacant Retail Space, High Traffic

    Property size:
    9,948 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,948-square-foot retail property, situated on a 1.29-acre lot in Aransas Pass, Texas, presents a compelling investment opportunity. The building, constructed in 1950 and boasting a new roof installed in 2018 with a 20-year warranty, offers excellent visibility and ample parking. Its prime location, just half a mile south of the TX-35 Bypass, benefits from high traffic volume, with 14,400 vehicles passing daily (2021 data). The property is conveniently located within one mile of major big-box retailers, ensuring strong customer draw. Its central position in Aransas Pass provides easy access to Corpus Christi, Port Aransas, and Rockport, catering to a diverse customer base. The property's Commercial zoning allows for a variety of uses, including retail, shopping, medical, restaurant, and office spaces. Its proximity to significant industrial developments, including Kiewit's fabrication yard, Gulf Coast Growth Ventures, and the Port of Corpus Christi expansion, further enhances its investment potential. The property is currently vacant, offering immediate occupancy for a new tenant or the opportunity for extensive renovations to suit a specific business model. The APN is 0022-0207-0007-003. This property is zoned for commercial use and presents a rare opportunity to capitalize on the thriving Aransas Pass market. The asking price is $989,000.

    Property Features for 1560 Wheeler Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    9,948 SF
    Lot Size
    56,192 SF

    Building Details

    Year Built
    1950
    Buildings
    1

    HighLights

    • $989,000 asking price for a 9,948 SF vacant retail property.
    • Located 0.5 miles south of TX‑35 Bypass, boasting 14,400 daily vehicle counts (2021).
    • Features a new roof installed in 2018 with a 20‑year warranty.
    • Situated one mile from major big‑box retailers.
    • Centrally located in Aransas Pass, TX, providing easy access to Corpus Christi, Port Aransas, and Rockport.
    • Excellent visibility, ample parking, and suitable for various uses including retail, shopping, medical, restaurant, and office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aransas Pass Great ... Event Planner Tax Facts Tax Preparation Service Arms of Hope Donation ... Donations Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aransas Pass
    County
    San Patricio
    State
    Texas
    Longitude
    -97.1596984
    Latitude
    27.9152481

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    FAQs

    What type of property is this?
    Lifestyle center - 9,948 SF Vacant Retail Space, High Traffic
    Where is this lifestyle center located?
    The property is located at 1560 Wheeler Ave Aransas Pass, TX.
    What is the asking price?
    The asking price for this property is $989,000.
    What are key features of this property?
    This property features: $989,000 asking price for a 9,948 SF vacant retail property.; Located 0.5 miles south of TX-35 Bypass, boasting 14,400 daily vehicle counts (2021).; Features a new roof installed in 2018 with a 20-year warranty.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1560 Wheeler Ave Aransas Pass, TX 78336
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