Convenience Store
For Sale
$799,999
2214 Leopard St, Corpus Christi, TX 78408
A neighborhood-serving retail site with on-site parking sits along Leopard Street in Corpus Christi.
Property Size2,908 SF
Days on Market9
Property Features for 2214 Leopard St
General Information
Standard status
Active
Size
2,908 SF
Property subtype
Business
Additional Details
Highway Access
Yes
Building Details
Building Size
2,908 SF
Year Built
1985
Listing Agency:
Coldwell Banker Pacesetter Ste
Listed By:
Saquib Ahmed · License #0770593
(361) 877-9797
Source:
National-onerealty
Added: Oct 5
Changed: Oct 12
Last Checked: Oct 13 at 3:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Pacesetter Ste
Investment Insights
Based on property information with market context.
The property is a convenience store site at 2214 Leopard St in Corpus Christi, built in 1985. Its street frontage and on-site parking support customer access, while the location along Leopard Street places it within a mixed-use area near businesses, industrial users, and residential communities.
I-37 is identified as a convenient access route. The surrounding commercial and residential context may serve neighborhood-oriented retail uses, including convenience retail and specialty food concepts.
I-37 is identified as a convenient access route. The surrounding commercial and residential context may serve neighborhood-oriented retail uses, including convenience retail and specialty food concepts.
Key Highlights
- Built in 1985
- On‑site parking
- Leopard Street frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,688
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,760
$753.8K
Cap Rate 7%
$538,400
$538.4K
Cap Rate 9%
$418,756
$418.8K
Market Conditions
NOI Build-Up for 2,908 SF
Gross rent
$52.3K $18.00/SF
− Vacancy
−$2.1K −$0.72/SF
EGI
$50.3K $17.28/SF
− OpEx
−$12.6K −$4.32/SF
NOI
$37.7K $12.96/SF
Area
Corpus Christi, TX
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,760
Cap Rate 7%
$538,400
Cap Rate 9%
$418,756
Alternative Uses
Best Use
Specialty Retail
$538.4K
$471.1K – $628.1K
NOI $37,688 @ 7.0% cap · market cap 4.71%
Second Best
Retail
$502.5K
$439.7K – $586.3K
NOI $35,175 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$691.9K
$605.5K – $807.3K
NOI $48,436 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78408, TX
11,023
Population
4,543
Households
2.4
Avg Household Size
37
Median Age
8%
College-Educated
69%
High-School Grad
5.9 sq mi
ZIP Area
1,868
Density / Sq Mi
$43,096
Median Household Income
$30,621
Median Earnings
$979
Median Rent
$82,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A neighborhood-serving retail site with on-site parking sits along Leopard Street in Corpus Christi.
Where is this grocery and convenience store located?
The property is located at 2214 Leopard St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Built in 1985; On‑site parking; Leopard Street frontage
