3481 Byp Hwy Rockport, TX 78382
This exceptional investment opportunity encompasses three individual commercial lots totaling 3.4 acres, strategically located on the new S. Highway 35 Bypass in Rockport, Texas. The property presents a unique chance to capitalize on the burgeoning growth of this area, fueled by the development of new residential neighborhoods just three blocks away, including projects by Hogan Homes, DR Horton, and Rick Homes. This prime location is ideal for a variety of commercial ventures, including restaurants, hotels, shopping centers, or car washes. Each lot is available for individual purchase, offering flexibility for investors. Lot 2D is priced at $477,739, Lot 2E at $480,952, and Lot 2F at $673,075. The combined purchase price for all three lots is $1,260,911. This represents a significant opportunity to secure a foothold in a rapidly developing commercial corridor with high potential for future returns. The property's proximity to new residential communities ensures a built-in customer base, making it an attractive proposition for businesses seeking high visibility and accessibility. Don't miss this chance to be part of Rockport's exciting commercial expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.