Restaurant with
New
For Sale
$625,000
2815 Leopard Street, Corpus Christi, TX 78408
CommercialSale, Corpus Christi, TX
Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$156.25
Days on Market2
Property Features for 2815 Leopard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Zoning description
IL
Parking features
Off Street
Subdivision
Nelson
Lot features
Corner Lot
Standard status
Active
APN
571000010070
Size
4,000 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
NELSON BLK 1 LOT 7 THRU 9
Legal Description
NELSON BLK 1 LOT 7 THRU 9
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Building materials
Brick, MetalSiding
Roof type
Flat
Listing Agency:
Gene Guernsey & Assoc.Realtors
(361) 992-4663
Listed By:
Gene Guernsey · License #0372996
(361) 960-7653
Added: Oct 6
Last Checked: Oct 7 at 1:06PM
MLS# 483386
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 4,000-square-foot restaurant property includes a large dining room, commercial kitchen, multiple cooking and prep areas, and two bathrooms. Existing restaurant infrastructure and a drive-through are in place. The building dates to 1983 and has brick and metal siding, central air, and central electric heat. The parcel measures 1 acre and is zoned IL.
The property sits beside Roy Miller High School on Leopard Street in Corpus Christi. Parking is available at both the front and rear, with off-street spaces for customer and staff access. Public water and sewer serve the site.
The property sits beside Roy Miller High School on Leopard Street in Corpus Christi. Parking is available at both the front and rear, with off-street spaces for customer and staff access. Public water and sewer serve the site.
Key Highlights
- 4,000 square feet on a 1‑acre parcel
- Restaurant layout includes a large dining room, commercial kitchen, multiple cooking and prep areas, and two bathrooms
- Drive‑through and front and rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,840
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$2.9K −$0.72/SF
EGI
$69.1K $17.28/SF
− OpEx
−$17.3K −$4.32/SF
NOI
$51.8K $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%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
Alternative Uses
Best Use
Specialty Retail
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.8K
$832.8K – $1.11M
NOI $66,624 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Bottomless Pit BBQ & Catering — 2815 Leopard St, Corpus Christi, TX 78408
Frequently Asked Questions
What type of property is this?
Restaurant - A dining room, commercial kitchen, and separate front and rear parking serve the existing restaurant layout.
Where is this restaurant located?
The property is located at 2815 Leopard Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,000 square feet on a 1‑acre parcel; Restaurant layout includes a large dining room, commercial kitchen, multiple cooking and prep areas, and two bathrooms; Drive‑through and front and rear parking
