1901-1939 Sh 35 Byp Rockport, TX 78382
This exceptional 2.468-acre commercial land parcel presents a unique investment opportunity in Rockport, Texas. Boasting 516 feet of frontage on Highway 35 Bypass, this property offers unparalleled visibility and accessibility. Zoned R-1, single-family, it presents versatile development potential. The seller is open to owner financing, making this an even more attractive proposition. An adjacent 3.9-acre parcel is also available for purchase from the same owner, allowing for the acquisition of up to 6.3 acres of contiguous highway frontage. The property's location on the west side of the Bypass, heading towards Corpus Christi (home to the third-largest port in the US), ensures high traffic volume and strong potential for future growth. This strategic location is further enhanced by its designation within a US Opportunity Zone, offering potential tax advantages. The Aransas County Appraisal District number is 30729. This is a rare chance to secure a significant commercial land holding in a thriving Texas coastal community. The asking price is $321,996, with a land value of $130,468 per acre.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.