301 Austin St, Rockport, TX 78382-2707
This exceptional 1.45-acre industrial property, situated in the heart of Rockport's Cultural District, presents a unique investment opportunity. Previously occupied by a HEB Grocery Store, this site boasts unparalleled visibility and accessibility. Its central location offers easy access to Rockport's vibrant cultural scene and its thriving tourism industry. The property's zoning allows for a wide range of development possibilities, making it ideal for a variety of uses. Imagine a boutique hotel capitalizing on stunning views, a dynamic retail center catering to the local community and tourists, or a captivating entertainment venue drawing crowds from far and wide. The significant advantage of this location is the potential to construct a building up to 100 feet tall, providing breathtaking panoramic views of the marina and Rockport beach. This height allowance offers unparalleled design flexibility and maximizes the property's potential for premium rental income or sale value. The substantial lot size provides ample space for expansive development, accommodating large-scale projects with ease. This is a rare chance to acquire a prime piece of real estate in a rapidly growing coastal Texas town, poised for significant future appreciation. The property's history as a successful grocery store location speaks volumes about its desirability and potential for continued success. Don't miss this exceptional opportunity to own a piece of Rockport's future.
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Treasure Islander Shop (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.