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Property profile & analytics
FOR LEASE
Industrial properties

230 E Maddox Ave Aransas Pass, TX 78336

48,804 SF 2.26 ac lot Built 1980
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US82-5920392
Property summary
AI-generated overview

This exceptional 48,804-square-foot industrial property, located at 230 E Maddox Ave, Aransas Pass, TX 78336, presents a compelling investment opportunity. Built in 1980, this warehouse sits on a 2.257-acre lot and boasts a 22-foot clear ceiling height, ideal for various industrial uses. The building's tilt-wall construction ensures durability and longevity. Its previous use as a refrigerated seafood warehouse highlights its suitability for temperature-sensitive operations, though it's adaptable to a wide range of needs. The strategic layout includes five dock-high doors—three on one side and two on the other—providing efficient loading and unloading capabilities. The property's location in Aransas County, Texas, offers convenient access to transportation networks, making it an attractive option for businesses seeking a well-equipped and strategically positioned warehouse. The asking price is $3,750,000. This versatile space is ready for its next chapter, offering significant potential for growth and profitability. The property's size, features, and location combine to create a strong investment opportunity in the thriving Texas industrial market. Serious inquiries are encouraged.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Total area 48,804 SF
Lot 2.26 ac (98,315 SF)
APN 0425-026-000-000
UPID US82-5920392
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.11M
Owner & transaction history
R Mark Herndon · 18 yrs held
R Mark Herndon
since 2007
2 recorded transactions
2022
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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