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    5312 Padre Blvd South Padre Island, TX 78597

    For Sale
    $2,500,000

    Professional/Office,Retail,Other - South Padre Island, TX

    Property size:
    5,230 SF
    Days on Market:
    32
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 5312 Padre Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    com
    Size
    5,230 SF

    Building Details

    Year built
    1971
    Number of units
    4
    Architectural style
    Other

    remax elite (956) 330-3674 [email protected]

    Listing agent Padre Elite Team (956) 433-5648

    Listing date Nov 5, 2025

    MLS# 102944 Listing URL

    Copyright © 2025 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Island Market Retail Shopping Center

    The Island Market retail shopping center is available for sale. The center includes four businesses: Island Market, SPI Liquors, Coastal Lifestyles, and Starnies Hot Dogs, along with two food trucks. The property features two gas pumps, an above-ground gas tank, and 10 parking spaces. It benefits from a corner front location with two curb cut-outs for easy access off Carolyn or Padre Boulevard. All businesses have long-term rental agreements and separate electrical meters. The property is located in South Padre Island, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Law Firm Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Padre Island
    County
    Cameron
    State
    Texas
    Longitude
    -97.170265
    Latitude
    26.125344

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    FAQs

    What type of property is this?
    Neighborhood center - Retail shopping center with four businesses and two food trucks.
    Where is this neighborhood center located?
    The property is located at 5312 Padre Blvd South Padre Island, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Entire retail shopping center building for sale.; - Four established businesses with long-term rental agreements in place.; - High-traffic corner location with two street access points.
    (956) 433-5648
    Request Owner's contact information
    5312 Padre Blvd South Padre Island, TX 78597
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    Realmo Value Estimation

    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.

    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.

    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
    5312 Padre Blvd South Padre Island, TX 78597
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