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Property profile & analytics
FOR SALE
Commercial real estate

1703 State Highway 35 Byp S Rockport, TX 78382

10,688 SF 0.83 ac lot Built 2006
Individually Owned ~ Est. High Equity
Property ID
US82-6031146
Property summary
AI-generated overview

This exceptional 1703 S HWY 35, Rockport, TX property presents a rare opportunity to acquire a large, unique home adaptable for commercial use. Priced at $2,086,000, this expansive property offers distinctive architectural features and generous living spaces, easily customizable to suit a variety of commercial ventures. The layout is flexible and spacious, allowing for seamless adaptation to different business needs. Ample parking and storage are readily available, addressing a key requirement for many commercial operations. The modern design elements blend seamlessly with the property's unique character, creating a sophisticated and inviting atmosphere. Businesses seeking a distinctive location with ample space for events, upscale offices, or similar uses will find this property particularly appealing. The property's inherent versatility allows for a wide range of commercial applications, making it an attractive investment opportunity in the vibrant Rockport market. While currently configured as a large residence, the property's size and design lend themselves perfectly to commercial conversion. The ease of customization makes it an ideal canvas for a creative entrepreneur or established business seeking a unique and memorable location. The property sits on a 0-acre lot. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Total area 10,688 SF
Lot 0.83 ac (36,168 SF)
APN 3800-133-001-000
UPID US82-6031146
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
AI Approach AI
by Request
CAP Approach CAP
$1.78M
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$1.93M
Owner & transaction history
ROBERT R HARDESTY
ROBERT R HARDESTY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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