Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building on Padre Island Drive Title is generated by Realmo AI

    1157 S Padre Island Drive, Corpus Christi, TX 78416

    View on Map
    Claim this Listing
    For Sale
    $7,000,000

    SINGLE_FAMILY - Corpus Christi, TX

    Type:Office
    Property size:
    5,000 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $1,400/SF
    Added:
    May 26, 2025
    Days on Market:
    349
    Last Refresh:
    May 9 at 7:06 am

    Property Features for 1157 S Padre Island Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Garage
    Standard status
    Active
    APN
    169000040010
    Size
    5,000 SF
    Lot size
    0.81 Acres

    Taxes and HOA fees

    Tax Description
    COLONIA HIDALGO .8132 AC OUT LTS 1 & 2 BK 4 & PT OF ST

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    1
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Veronica Nelson
    Veronica Nelson

    Listing agent Veronica Nelson License #0695244

    Listing office RE/MAX ELITE 4639 Corona Dr Suite 61, Corpus Christi, TX

    Listing date May 26, 2025

    MLS# 459678

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5,000 sq ft building featuring multiple office spaces, lobby, storage, and 2 maintenance bays.
    • Located on South Padre Island Drive Corridor with frontage road access.
    • Zoned for Commercial and Industrial use.
    • Over 9,000 sq ft of parking.
    • Fully networked for POS, computing, and communications.
    • Rear access via 2‑lane service road.

    Overview

    This commercial property features a 5,000 square foot building with multiple office spaces, two bathrooms, a large lobby, and a stocking/storage area. It also includes two drive-in maintenance bays. The building is fully networked for POS, computing, and communications. The property has over 9,000 square feet of parking and frontage road access on the South Padre Island Drive Corridor. A two-lane service road provides rear access to the property. Situated on approximately 0.81 acres, there is room for expansion. Currently operating as a mechanic shop, the property is zoned for Commercial and Industrial use. The property is located in Corpus Christi, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C.C. German Motors Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Victory Auto Body — 1830 Holly Rd, Corpus Christi, TX 78417
    • Caliber Collision — 5330 Ayers St, Corpus Christi, TX 78415
    • Tire Shop — 5701 Greenwood Dr, Corpus Christi, TX 78417
    • Triton Fleet Truck Repair — 2429 Hygeia, Corpus Christi, TX 78415
    • DPF Alternatives — 2429 Hygeia Suite A, Corpus Christi, TX 78415

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.447789
    Latitude
    27.744354

    Nearby Similar for Sale

    • $495,000
      5,663 SF

      Auto Shop on Port Avenue

      Commercial property ideal for auto body shop or investor.
      610 N Port Avenue, Corpus Christi, TX 78408
      View Details
    • $759,900
      5,184 SF

      Versatile Income-Producing Commercial Property

      Industrial and office property on a prominent corner lot.
      3801 Saturn, Corpus Christi, TX 78413
      View Details
    • $475,000
      3,289 SF

      Dual-Building Commercial Property in Corpus Christi

      Turn-key headquarters for service-based businesses with office and warehouse space.
      4325 & 4333 Agnes Street, Corpus Christi, TX 78405
      View Details
    • $850,000
      6,603 SF

      High-Visibility Commercial Property on Staples

      0.97-acre property with redevelopment potential on a high-traffic thoroughfare.
      5918 S Staples Street, Corpus Christi, TX 78413
      View Details
    • $900,000
      6,146 SF

      Renovated Commercial Building, Corpus Christi

      Turnkey, renovated commercial building suitable for daycare, medical, or office use.
      10102 S Padre Island Drive, Corpus Christi, TX 78418
      View Details
    • $1,000,000
      7,170 SF

      Prime Commercial Building on Everhart

      7,170 SF commercial building in a high-traffic Corpus Christi location.
      4929 Everhart, Corpus Christi, TX 78411
      View Details
    • $1,675,000
      12,442 SF

      Flour Bluff Commercial Opportunity

      Commercial property with office buildings and a large warehouse/shop.
      2248 Flour Bluff Drive, Corpus Christi, TX 78418
      View Details
    • $385,000
      1,938 SF

      Turn-Key Restaurant Building For Sale

      Fully built-out restaurant with complete commercial kitchen in Flour Bluff.
      602 Nas Drive, Corpus Christi, TX 78418
      View Details
    • $3,500,000
      6,670 SF

      Operating Restaurant on SPID Frontage

      Income-producing restaurant with development upside in high-traffic location.
      1949 S Padre Island Drive, Corpus Christi, TX 78416
      View Details
    • $4,120,000
      8,640 SF

      Padre Island Retail Opportunity

      Prime retail/restaurant space with high visibility on Padre Island.
      15201 S Padre Island Drive, Corpus Christi, TX 78418
      View Details
    • $589,000
      2,800 SF

      Waterfront Commercial Property For Sale

      Coastal commercial asset with redevelopment potential in Corpus Christi, TX.
      1101 Laguna Shores, Corpus Christi, TX 78418
      View Details
    • $1,200,000
      3,000 SF

      Waterfront Restaurant Opportunity

      Remodeled waterfront restaurant on the Intracoastal Waterway in Corpus Christi.
      4242 Laguna Shores, Corpus Christi, TX 78418
      View Details

    FAQs

    What type of property is this?
    Auto shop - 5,000 SF commercial building with parking and frontage road access.
    Where is this auto shop located?
    The property is located at 1157 S Padre Island Drive Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: 5,000 sq ft building featuring multiple office spaces, lobby, storage, and 2 maintenance bays.; Located on South Padre Island Drive Corridor with frontage road access.; Zoned for Commercial and Industrial use.
    (361) 779-2515
    We can help!
    Listing Contact
    Veronica Nelson
    Veronica Nelson
    Real Estate License ID: 0695244
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1157 S Padre Island Drive, Corpus Christi, TX 78416
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!