Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Johnson Ave Aransas Pass, TX 78336

    Sponsored
    For Sale
    $199,000

    4.41 Acres, Prime Aransas Pass Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 4.41-acre commercial land parcel presents a remarkable investment opportunity in Aransas Pass, Texas. Located on W Johnson Ave in San Patricio County, zip code 78336 (latitude 27.893126, longitude -97.1676299), this hard-corner lot offers unparalleled visibility and accessibility. The asking price is $199,000, translating to a land value of $56,689 per acre. Its versatile zoning allows for a variety of commercial uses, making it ideal for entrepreneurs and developers alike. Potential uses include, but are not limited to, mini-storage facilities, boat storage, entertainment venues, strip centers, restaurants, or convenience stores. The property's strategic location within Aransas Pass ensures high traffic volume and strong potential for rental income, with an average rent of $1.30 per square foot. This is a rare chance to acquire a significant piece of commercial real estate in a thriving Texas coastal community. The property's size and prime location make it an attractive prospect for investors seeking substantial returns. Don't miss this opportunity to secure a valuable asset in a rapidly growing market. Serious inquiries are encouraged.

    Property Features for 0 Johnson Ave

    General Information

    Property type
    Marinas
    Lot Size
    192,100 SF

    HighLights

    • 4.41‑acre commercial land parcel in Aransas Pass, TX.
    • Located on W Johnson Ave, San Patricio County, 78336.
    • Asking price: $199,000 ($45,124 per acre).
    • Versatile zoning allows for various commercial uses (e.g., mini‑storage, restaurants).
    • High traffic volume and strong rental potential (avg. $1.30/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Marinas

    Map

    City
    Aransas Pass
    County
    San Patricio
    State
    Texas
    Longitude
    -97.1676299
    Latitude
    27.893126

    Nearby Similar for Sale

    • New
      $284,860
      3,380 SF

      Aransas Pass Fourplex Investment Opportunity

      Income-producing fourplex with updated units and a single-family residence.
      541 Wilson Ave, Aransas Pass, TX 78336
      View Details
    • $349,900
      Pending

      Three Homes on Large Lot

      Three residential homes on 2.42 acres, ideal for multi-family living.
      2245 Murphy Rd, Aransas Pass, TX 78336
      View Details
    • $299,000
      3,380 SF

      Aransas Pass Income-Producing Fourplex

      Income-producing fourplex with furnished units and a single-family residence.
      541 W Wilson Ave, Aransas Pass, TX 78336
      View Details
    • $98,000
      0.12 Acres

      Aransas Pass RV Resort Property

      Landscaped RV property in Southern Oaks Luxury RV Resort.
      26 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • $98,000

      Residential Lot in Gated Community

      Landscaped lot with RV pad and resort-style amenities.
      26 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • New
      $79,000
      0.09 Acres

      Resort-Style RV Lot in Aransas

      Luxury RV lot with resort amenities near Texas Gulf Coast.
      117 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • New
      $79,000

      Residential Lot in Gated Community

      RV lot with resort-style amenities near the Texas Gulf Coast.
      117 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • New
      $87,500
      Pending

      RV Lot in Gated Community

      RV lot with resort-style amenities near Texas Gulf Coast.
      5 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • New
      $87,500
      Pending

      Residential Lot in Gated Community

      RV lot with resort-style amenities near Texas Gulf Coast.
      5 Augusta Cir, Aransas Pass, TX 78336
      View Details
    • $408,000
      2,738 SF

      Renovated Commercial Property Near Harbor

      2,738 SF commercial property in downtown Aransas Pass, TX.
      333 S Commercial St, Aransas Pass, TX 78336
      View Details
    • New
      $144,900
      1,848 SF

      Aransas Pass Duplex Investment

      Spacious duplex in Aransas Pass, Texas, great investment opportunity.
      138 S Houston St, Aransas Pass, TX 78336
      View Details
    • $92,000
      0.11 Acres

      RV Lot in Resort Community

      RV lot with resort amenities and rental potential.
      3 Augusta Cir, Aransas Pass, TX 78336
      View Details

    FAQs

    What type of property is this?
    Marina - 4.41 Acres, Prime Aransas Pass Location
    Where is this marina located?
    The property is located at Johnson Ave Aransas Pass, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 4.41-acre commercial land parcel in Aransas Pass, TX.; Located on W Johnson Ave, San Patricio County, 78336.; Asking price: $199,000 ($45,124 per acre).
    (361) 442-6723
    Request Owner's contact information
    Johnson Ave Aransas Pass, TX 78336
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Johnson Ave
    Aransas Pass, TX 78336
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Johnson Ave Aransas Pass, TX 78336
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.