Technical
Financial
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Property profile

3481 Byp Hwy Rockport, TX 78382

OFF-MARKET
Industrial properties
Built 1999
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1999

Cap rate & NOI

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

Location

3481 Byp Hwy 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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