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Mixed-Use Property with Two Residences
For Sale
$1,600,000

Port Aransas, TX 78373, Port Aransas, TX 78373

CommercialSale, Port Aransas, TX

Property Size1,664 SF
Lot Size0.21 Acres
Price / SF$961.54
Days on Market118

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Zoning description C2
Parking features On Street, Open, Garage, Covered
Security features Security
Interior features Storage
Lot features Interior Lot, Landscaped, Level
Subdivision Brundrett
Standard status Active
Size 1,664 SF
Lot size 0.21 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Ductless (Heating)
Cooling system Ductless, Central Air, Electric
Water source Public

Amenities

garage/shop
fenced yard
gated entrance
outdoor shower
covered parking

Building Details

Year built 2018
Floors in Building 2
Number of units 4
Building materials HardiplankType
Roof type Shingle
Additional Structures Storage
Listing Agency: Fathom Realty LLC
Listed By: Brette Nickelson · License #0727498
Added: Jun 20 Changed: Oct 8 Last Checked: Oct 15 at 8:06PM
MLS# 478310

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 1,664-square-foot mixed-use property includes a high-ceiling garage and shop with two bay doors, plus an attached efficiency apartment with a kitchen, full bathroom, closet space, and outdoor shower. Exterior stairs provide access to the apartment. A separate stilt house has two bedrooms and two full bathrooms, with covered parking below. The property was built in 2018 and occupies 0.2072 acres.

C2 zoning applies. The side yard is fenced, gated, and finished with turf. Public water and sewer serve the property.

Key Highlights

  • 1,664 square feet on a 0.2072‑acre lot
  • Garage and shop with two bay doors
  • Attached efficiency apartment with kitchen, full bath, closet space, and outdoor shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$99,247
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,984,940 $2.0M
Cap Rate 7%
$1,417,814 $1.4M
Cap Rate 9%
$1,102,744 $1.1M
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$155.0K $93.12/SF
− Vacancy
−$13.2K −$7.92/SF
EGI
$141.8K $85.20/SF
− OpEx
−$42.5K −$25.56/SF
NOI
$99.2K $59.64/SF
Area
Nueces County, TX
Vacancy
8.50%
Lease Rate
$93.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,984,940
Cap Rate 7%
$1,417,814
Cap Rate 9%
$1,102,744

Alternative Uses

Best Use
Industrial
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,247 @ 7.0% cap · market cap 6.20%
Second Best
Mixed Use
$320.9K
$280.8K – $374.4K (±1% cap)
NOI $22,464 @ 7.0% cap · market cap 1.40%
Theoretical Best
Warehouse
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,514 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Demographics for 78373, TX

3,134
Population
5,614
Households
0.6
Avg Household Size
56
Median Age
38%
College-Educated
95%
High-School Grad
18.8 sq mi
ZIP Area
167
Density / Sq Mi
$90,000
Median Household Income
$52,353
Median Earnings
$2,226
Median Rent
$518,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C2 zoning covers a garage and shop, an attached efficiency apartment, and a separate two-bedroom stilt house.
Where is this mixed-use property located?
The property is located at Port Aransas, 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: 1,664 square feet on a 0.2072‑acre lot; Garage and shop with two bay doors; Attached efficiency apartment with kitchen, full bath, closet space, and outdoor shower
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