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Property profile

1601 Mesquite St Rockport, TX 78382

OFF-MARKET
Office Spaces
2,150 SF 1 ac lot Built 2001
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Property summary

AI-generated overview

This exceptional Rockport, TX property presents a unique investment opportunity. Situated on a one-acre lot at 1601 Mesquite Street, this diverse property boasts a 2,150 square foot main office building alongside significant additional structures. Currently generating income, the property includes five RV spaces, all currently rented, with ample room for expansion. A substantial 1,190 square foot workshop is leased to an established carpenter shop, providing a reliable income stream. Adding to the property's versatility is a 960 square foot boat barn, adaptable for various uses including additional storage, a workshop, or even a separate office space. The property's diverse offerings allow for continued income generation through existing rentals or the potential for further development. Whether you envision creating a thriving income-producing property or developing a private retreat, this property offers remarkable flexibility and potential. The existing infrastructure and rental income provide a solid foundation for immediate returns, while the ample space and diverse structures offer significant room for growth and customization. This is a rare opportunity to acquire a multi-faceted property in the desirable Rockport area.

Property profile

Verified
Property type Office Spaces
Year built 2001
Total area 2,150 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1601 Mesquite St Rockport, TX 78382
Rockport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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