Commercial Development Land with
2222 N Padre Island Drive Corpus Christi, TX 78408
2222 N Padre Island Drive, Corpus Christi, TX, 78408
$399,900
For Sale
$399,900
SINGLE_FAMILY - Corpus Christi, TX
Property Size1,342 SF
Lot Size1.50 Acres
Price / SF$297.99
Days on Market60
Property Features for 2222 N Padre Island Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street
- Exterior features
- Storage
- Standard status
- Active
- APN
- 493300000530
- Size
- 1,342 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Description
- MCBRIDE PARTITION 1.476 ACS OUT OF SHARE G
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Central
- Cooling system
- Electric, Central Air, Gas (Cooling)
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Additional Structures
- Storage
Listing Agency
Cass Real Estate
(361) 643-2662
401 US Hwy 181, Portland, TX
Listed by
Brenton Reagan · License #0669077
(512) 736-2695
Added: May 19 Checked: Jul 17 at 4:06 pm
MLS# 476353
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.
This offering presents 1.5 acres of land with existing site improvements and utilities already brought to the property, including water supply lines, natural gas lines, septic, and electrical connections. The property was previously a homestead, and the main house would require significant repairs or removal. Additional structures include a detached garage with a large cement slab and storage, three sheds for supplemental storage, and a network of sidewalks connecting the improvements (buildings).
The property is located at the intersection of NPID and I-37 in Corpus Christi, TX. The City has indicated the site’s potential as a blank slate, and the property has been re-zoned Commercial (C-G). The outdoor layout includes an outdoor covered pavilion and open yard space that can accommodate parking, lay-down, or storage depending on the intended use.
The re-zoned C-G designation provides flexibility for multiple commercial concepts such as self-storage, a gas station/convenience store, an office building, vehicle sales, or other uses consistent with the commercial zoning framework. For operators who want to build with ready-to-go utility infrastructure and supplemental outbuildings on site, this parcel offers a practical starting point while allowing room to shape the final development plan.
The property is located at the intersection of NPID and I-37 in Corpus Christi, TX. The City has indicated the site’s potential as a blank slate, and the property has been re-zoned Commercial (C-G). The outdoor layout includes an outdoor covered pavilion and open yard space that can accommodate parking, lay-down, or storage depending on the intended use.
The re-zoned C-G designation provides flexibility for multiple commercial concepts such as self-storage, a gas station/convenience store, an office building, vehicle sales, or other uses consistent with the commercial zoning framework. For operators who want to build with ready-to-go utility infrastructure and supplemental outbuildings on site, this parcel offers a practical starting point while allowing room to shape the final development plan.
Key Highlights
- 1.5 acres +/- at the intersection of NPID and I‑37, currently zoned residential and stated re‑zoned Commercial (C‑G)
- C‑G zoning offers multiple possible uses including self‑storage, gas station/convenience store, office building, vehicle sales, townhomes, daycare home, park space, church
- Utilities and services already present: water supply lines, natural gas lines, septic, and electrical connections running into the property
Local Financial Insights For Office B
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 | $30.1k | $22.44 |
| − Vacancy | −$4.5k | −$3.34 |
| EGI | $25.6k | $19.10 |
| − OpEx | −$6.4k | −$4.78 |
| NOI | $19.2k | $14.33 |
1,342 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$274.7K
$240.3K – $320.5K
NOI $19,227 @ 7.0% cap · market cap 4.81%
Second Best
Specialty Retail
$248.5K
$217.4K – $289.9K
NOI $17,392 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$319.3K
$279.4K – $372.5K
NOI $22,352 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 1.5-acre commercial site with existing utilities and outbuildings, positioned at a major highway intersection.
Where is this commercial land located?
The property is located at 2222 N Padre Island Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1.5 acres +/- at the intersection of NPID and I‑37, currently zoned residential and stated re‑zoned Commercial (C‑G); C‑G zoning offers multiple possible uses including self‑storage, gas station/convenience store, office building, vehicle sales, townhomes, daycare home, park space, church; Utilities and services already present: water supply lines, natural gas lines, septic, and electrical connections running into the property
