230 Maddox Ave Aransas Pass, TX 78336
- Industrial properties
- 48,804 SF
- 2.26 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 230 Maddox Ave
- Year built
- 1980
- Lot size
- 2.26 lot acres
- Property size
- 48,804 SF
- Property type
- Industrial properties
- APN
- 0425-026-000-000
- APU
- 425026000000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,220,000
- 6.5%
- $1,255,000
- 7%
- $1,195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,170,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,290,000
- Retail
- $1,125,000
- Mixed-Use
- $1,115,000
- Hospitality
- $1,190,000
- Educational
- $1,330,000
- Residential Income
- $1,240,000
- Energy
- $1,085,000
- Income-Based Land
- $1,260,000
- Food Service
- $1,300,000
Location Insight
- Map
- Local Demand
- City
- Aransas Pass
- County
- Aransas
- State
- Texas
- Longitude
- -97.1383
- Latitude
- 27.9102
- CBSA code
- 40530
- CBSA name
- ROCKPORT, TX MICROPOLITAN STATISTICAL AREA