102 Bishop RdRockport, TX 78382

  • Other commercial real estate
  • 6,382 SF
For Sale
$2,300,000 View listing

Property Details for 102 Bishop Rd

Year built
2005
Lot size
0.80 AC
Property size (Sq ft)
6,382 SF
Property type
Other commercial real estate
APN
4025-000-001-000
APU
4025000001000

Description

This exceptional Rockport, TX commercial property presents a unique investment opportunity encompassing three separate buildings on a 0.8-acre lot at 102 Bishop Road Unit 102. The property offers a compelling blend of existing infrastructure and significant expansion potential. A brand-new, large metal structure is currently being fitted out as a state-of-the-art golf simulation lounge, complete with game machines and simulations designed for all ages. This building is poised to become a premier upscale cyber entertainment center. A medium-sized building currently operates as a mixed-use space, successfully combining entertainment and retail functions. This provides immediate income potential and a proven track record. A smaller structure houses equipment, offering valuable storage and operational support for the entire complex. The property's versatility allows for continued operation as a unified entertainment destination or the potential to lease individual buildings to diverse tenants, fostering a synergistic environment where businesses can mutually benefit from increased foot traffic. The prime location offers stunning water views across the street, enhancing the property's appeal and attracting customers. This property is ideally suited for an entrepreneur seeking to establish a thriving coastal business or an investor looking for a high-return opportunity in a vibrant community. The existing infrastructure and ongoing improvements provide a solid foundation for immediate success and future growth. The asking price is $2,300,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $950,872
    Hospitality
    $870,994
    Educational
    $724,657
    Medical
    $749,579
    Retail
    $1,127,244
102 Bishop Rd, Rockport, Texas

Location Insight

City
Rockport
County
Aransas
State
Texas
Latitude
27.968
Longitude
-97.0979
CBSA code
40530
CBSA name
ROCKPORT, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,873
$105,870
$87,890
$193,760
-
$105,870
$87,890
$193,760

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