Convenience Store with Central
New
For Sale
$799,999
2214 Leopard Street, Corpus Christi, TX 78408
CommercialSale, Corpus Christi, TX
Property Size2,908 SF
Lot Size0.52 Acres
Price / SF$275.10
Days on Market3
Property Features for 2214 Leopard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Subdivision
Palm Park
Lot features
Corner Lot
Standard status
Active
APN
629000050070
Size
2,908 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
PALM PARK BLK 5 LOT 7A
Legal Description
PALM PARK BLK 5 LOT 7A
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Cooling system
Gas (Cooling), Central Air, Electric
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Building materials
Brick
Roof type
Flat
Listing Agency:
Coldwell Banker Pacesetter Steel · Coldwell Banker Real Estate
(361) 992-9231
Listed By:
Saquib Ahmed · License #0770593
(361) 877-9797
Added: Oct 5
Last Checked: Oct 7 at 10:06AM
MLS# 482900
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 2,908-square-foot convenience store property occupies a 0.52-acre site along Leopard Street in Corpus Christi. Built in 1985, the building has brick construction and a flat roof. Interior systems include central air conditioning, electric and natural gas heating, and electric and gas cooling. Public water and sewer serve the property.
The site is on Leopard Street and has access to I-37. The property is located in a mixed-use area with businesses and residential communities nearby.
The site is on Leopard Street and has access to I-37. The property is located in a mixed-use area with businesses and residential communities nearby.
Key Highlights
- 2,908‑square‑foot building on a 0.52‑acre site
- Brick construction; built in 1985
- Central air conditioning, with electric and gas cooling
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.
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The brick retail building has central air conditioning, electric heating, and public water and sewer service.
Where is this grocery and convenience store located?
The property is located at 2214 Leopard Street 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: 2,908‑square‑foot building on a 0.52‑acre site; Brick construction; built in 1985; Central air conditioning, with electric and gas cooling
