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    State Highway 361 Port Aransas, TX 78373

    For Lease
    Contact for pricing

    Prime Beachfront Commercial Land, 2.43 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional opportunity presents 2.43 acres of vacant commercial land for lease in the thriving coastal town of Port Aransas, Texas. Strategically located on State Highway 361, this property enjoys a highly visible position adjacent to the Texan Store and Beach Access Road 1-A, placing it just one block from the beach. The land is offered in three separate tracts, providing flexibility for various development plans. The area is experiencing significant growth, with recent additions including a new RV park and a residential subdivision, indicating a strong upward trajectory for the local economy. This prime location is perfect for businesses seeking to capitalize on Port Aransas' robust tourism industry and burgeoning development. While some usage restrictions apply to maintain the area's appeal, a wide range of commercial ventures would be suitable. The lease is structured for an initial five-year term, with the lease rate to be determined based on the specific lease terms. This presents a unique chance to secure a highly desirable commercial property in a rapidly developing coastal community. The property's address is State Hwy 361, Port Aransas, TX 78373. Don't miss this chance to establish your business in this exceptional location.

    Property Features for 0 State Highway 361

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 2.43 acres of vacant commercial land available for lease in Port Aransas, TX.
    • High‑visibility location on State Highway 361, near Beach Access Road 1‑A and the Texan Store, one block from the beach.
    • Property offered in three separate tracts, allowing for flexible development.
    • Located in a rapidly growing area with recent additions like a new RV park and residential subdivision.
    • Five‑year lease term; lease rate negotiable.
    • Address: State Hwy 361, Port Aransas, TX 78373.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Aransas
    County
    Nueces
    State
    Texas
    Longitude
    -97.081036692293
    Latitude
    27.80788956046

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    FAQs

    What type of property is this?
    Land - Prime Beachfront Commercial Land, 2.43 Acres
    Where is this land located?
    The property is located at State Highway 361 Port Aransas, TX.
    What are key features of this property?
    This property features: 2.43 acres of vacant commercial land available for lease in Port Aransas, TX.; High-visibility location on State Highway 361, near Beach Access Road 1-A and the Texan Store, one block from the beach.; Property offered in three separate tracts, allowing for flexible development.
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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.

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    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
    State Highway 361 Port Aransas, TX 78373
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