6661 Highway 35 North Active

Rockport,TX 78382

$ 1550000

0 Bed

0 Bath

12232 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,232 sqft

Price per Sqft $126

Subdivision Holiday Beach Sherwood Downs

MLS Listing ID 9034190

Originating Board actris

Year Built 2016

Annual Tax Amount $15,702

Tax Year 2023

Lot Size 1.951 Acres

Property Description

Three mixed-use parcels of 85,000 SF of land area, 9,640 of rentable space, at a pro-forma cap rate of 5.78%. The land offers the potential to develop retail, industrial, and residential property with limited Holiday Beach HOA restrictions. See the attached Offering Memorandum for full details.

Coastal Investment Trio: Discover an unparalleled real estate opportunity with this portfolio of three properties at 6655, 6661, and 6701 Highway 35 North. Nestled along the picturesque Gulf Coast, these strategically located parcels offer a unique blend of versatility and potential.

Prime Location: Situated in the heart of the Highway 35 corridor, these properties boast prime visibility and accessibility, making them ideal for commercial development, mixed-use ventures, or strategic land banking.

Endless Possibilities: With expansive lots and strategic zoning, envision a range of possibilities, from retail spaces to boutique accommodations. The proximity to Rockport's attractions and the coastal charm enhances the appeal for businesses or developers seeking to make a mark in this dynamic region.

Investment Advantage: Capitalize on the growth of the Rockport area, known for its coastal allure and economic vibrancy. The trio of properties provides a rare chance to secure a foothold in a region poised for continued expansion.

Infrastructure and Accessibility: Benefit from well-developed infrastructure and easy access to major thoroughfares, ensuring that these properties are seamlessly connected to the broader community and beyond.

Location

State TX

County Aransas

Zoning Mixed-Use allowed.

Interior

Heating Electric

Cooling Central Air,Varies by Unit,Wall/Window Unit(s)

Flooring Concrete,Laminate,Tile,Vinyl,Wood

Fireplace N

Exterior

Utilities Available Above Ground,Cable Available,Electricity Available,Electricity Connected,High Speed Internet,Other,Natural Gas Not Available,Phone Available,Phone Connected,Water Available,Water Connected

Waterfront No

View Neighborhood,See Remarks

Accessibility None

Parking Type See Remarks

Total Parking Spaces 30

Building

Foundation Combination,Pillar/Post/Pier,Raised,Slab

Sewer Septic Shared,Septic Tank

Water Public

Structure Type Concrete,Frame,HardiPlank Type,Wood Siding

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash,Conventional,1031 Exchange

Tax Rate 1.167452

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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