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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2621 Tx-361 Port Aransas, TX 78373

53,560 SF
Property ID
Property summary
AI-generated overview

This exceptional 1.22-acre commercial property in Port Aransas, Texas, presents a remarkable investment opportunity. Located at 2621 TX-361, Nueces County, zip code 78373 (27.812141219968805, -97.07755163125975), this vacant land boasts a substantial 53,560 square feet and is zoned for mixed-use development, including restaurant and storefront options. The asking price is $1,699,900, translating to $31.74 per square foot. All utilities are conveniently located on-site, and significant groundwork for civil engineering is already complete, streamlining the development process. This property is considered one of the largest commercial tracts within a quarter-mile radius of downtown Port Aransas, making it an ideal location for a variety of businesses. The seller is open to considering a long-term ground lease with a qualified tenant, provided strong financials are presented. This prime location offers unparalleled potential for significant return on investment in a thriving Texas coastal community. The property's size and strategic location make it a truly unique opportunity in the Port Aransas market. Don't miss this chance to acquire a substantial piece of Port Aransas' commercial real estate landscape.

Property profile
Verified
Property type Retail properties & Spaces
Total area 53,560 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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