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Property profile & analytics
OFF-MARKET
Land

0 State Highway 361 Port Aransas, TX 78373

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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