Motel Property with 27
4206 Leopard Street Corpus Christi, TX 78408
4206 Leopard Street, Corpus Christi, TX, 78408
$1,099,000
For Sale
$1,099,000
COMMERCIAL - Corpus Christi, TX
Property Size11,938 SF
Lot Size1.64 Acres
Price / SF$92.06
Days on Market61
Property Features for 4206 Leopard Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Carport, Assigned
- Standard status
- Active
- APN
- 040800000107
- Size
- 11,938 SF
- Lot size
- 1.64 Acres
Taxes and HOA fees
- Tax Description
- BANCROFT FARM LTS TR D LT 10 VILLA GRDNS LT 1 BLKS 11 & 12
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 27
- Building materials
- HardiplankType, Stucco, WoodSiding
- Roof type
- Shingle
Listing Agency
Prime Real Estate
(361) 334-7653
4926 Everhart, Portland, TX
Listed by
Josiah Salinas · License #0782889
(361) 945-5751
Added: May 19 Checked: Jul 18 at 4:06 am
MLS# 476687
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.
Investment Insights
Based on property information with market context.
The Ranch Motel is a 27-room hospitality property offered for sale with the building, land, and included furnishings. Each room is designed with a functional layout featuring a sleeping area, kitchenette, and full bathroom, supporting convenient, extended-stay-style lodging. The property sits on 1.64 acres and includes on-site parking.
Located at 4206 Leopard Street in Corpus Christi, the motel provides visibility along Leopard Street with recognizable signage. Access is described as convenient to major Corpus Christi corridors and nearby employment centers, including refineries and industrial employers, as well as downtown and surrounding residential areas.
This offering is suited to buyers seeking an owner-operator or hospitality investment that starts with an operational motel footprint. With furnishings already included and a room configuration that supports in-room convenience, the property supports continued motel operations or alternative hospitality-oriented use pending buyer verification of zoning, permitted uses, and any operational or permitting details.
Located at 4206 Leopard Street in Corpus Christi, the motel provides visibility along Leopard Street with recognizable signage. Access is described as convenient to major Corpus Christi corridors and nearby employment centers, including refineries and industrial employers, as well as downtown and surrounding residential areas.
This offering is suited to buyers seeking an owner-operator or hospitality investment that starts with an operational motel footprint. With furnishings already included and a room configuration that supports in-room convenience, the property supports continued motel operations or alternative hospitality-oriented use pending buyer verification of zoning, permitted uses, and any operational or permitting details.
Key Highlights
- Ranch Motel offering 27 individual rooms, with each room including a sleeping area, kitchenette, and full bathroom
- Sale includes the building, land, and furnishings for a more complete package from day one
- Year built 1987 with shingle roof and Hardiplank, stucco, and wood siding construction materials
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $171.9k | $14.40 |
| − Vacancy | −$25.8k | −$2.16 |
| EGI | $146.1k | $12.24 |
| − OpEx | −$76.7k | −$6.43 |
| NOI | $69.4k | $5.81 |
11,938 SF · lease $14.40/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$991.5K
$867.6K – $1.16M
NOI $69,408 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.31M
NOI $198,839 @ 7.0% cap · market cap 18.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ranch Motel
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Economy Inn — 4024 Leopard St, Corpus Christi, TX 78408
- Ranch Motel — 4206 Leopard St, Corpus Christi, TX 78408
- Sunset Motel — 4505 Leopard St, Corpus Christi, TX 78408
- La Siesta Motel — 4300 leopard st, corpus christi, tx 78408
- Safari Inn Motel — 3640 Leopard St, Corpus Christi, TX 78408
FAQs
What type of property is this?
Motel - Motel for sale with 27 furnished rooms, each with kitchenette and full bath, plus on-site parking.
Where is this motel located?
The property is located at 4206 Leopard Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Ranch Motel offering 27 individual rooms, with each room including a sleeping area, kitchenette, and full bathroom; Sale includes the building, land, and furnishings for a more complete package from day one; Year built 1987 with shingle roof and Hardiplank, stucco, and wood siding construction materials
