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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

219 Hwy Gregory, TX 78359

1,600 SF 0.78 ac lot Built 1976
Property ID
Property summary
AI-generated overview

This exceptional 0.78-acre commercial property, located at 219 Hwy 35 in Gregory, Texas (zip code 78359), presents a unique investment opportunity. The property boasts approximately 350 feet of frontage along US Highway 35 and 100 feet of depth, offering significant visibility and accessibility. The site includes three separate San Patricio County Appraisal District Tax IDs (55839, 55832, & 55847), encompassing lots 9-15. Currently featuring a 1,600 square foot cinderblock building, this property is ideally suited for a variety of uses, including restaurant, executive office, and apartment building, making it a true mixed-use gem. Its location in the heart of Gregory positions it to benefit from the ongoing growth of the Port of Corpus Christi and the surrounding commercial and industrial expansion in South Texas. Utilities such as electricity, gas, and water are readily available or located nearby. Built in 1976, this single-story building sits on a spacious lot within the Macaze Park subdivision and presents a compelling opportunity for entrepreneurs and investors alike to establish their presence in this thriving area. The property's strategic location and versatile nature make it an attractive investment with significant long-term potential. A survey of the land is available for review. Asking price is $150,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1976
Total area 1,600 SF
Lot 0.78 ac (33,977 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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