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    15680 Tx-361 Corpus Christi, TX 78418

    Sponsored
    For Sale
    $850,000

    Prime 5.8-acre waterfront commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 5.8-acre commercial land parcel, located at 15680 TX-361 in Corpus Christi, Texas (zip code 78418, Nueces County), presents a unique investment opportunity. Priced at $850,000 ($189,655 per acre), this CR-2 zoned property boasts stunning waterfront views. Its advantageous location on the Laguna side of Mustang Island, directly off TX-361, ensures unparalleled accessibility. The property's northern and western boundaries are bordered by Mustang Island State Park, guaranteeing forever unobstructed views. This significant acreage offers considerable development potential, including the possibility of subdivision, making it ideal for a variety of commercial ventures. The property's prime location and exceptional views combine to create a truly remarkable investment opportunity in a highly desirable coastal Texas location. This is the only available property on the Laguna side of the island, making it a rare and highly sought-after asset. Don't miss this chance to acquire a piece of prime waterfront commercial real estate in Corpus Christi.

    Property Features for 15680 Tx-361

    General Information

    Property type
    Land
    Lot Size
    252,648 SF

    HighLights

    • 5.8‑acre commercial land parcel in Corpus Christi, TX (78418), priced at $850,000.
    • CR‑2 zoning.
    • Stunning waterfront views on the Laguna side of Mustang Island, directly off TX‑361.
    • Bordered by Mustang Island State Park on the north and west, ensuring unobstructed views.
    • High development potential, including subdivision possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.1963066
    Latitude
    27.64356143

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    FAQs

    What type of property is this?
    Land - Prime 5.8-acre waterfront commercial lot.
    Where is this land located?
    The property is located at 15680 Tx-361 Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 5.8-acre commercial land parcel in Corpus Christi, TX (78418), priced at $850,000.; CR-2 zoning.; Stunning waterfront views on the Laguna side of Mustang Island, directly off TX-361.
    Request Owner's contact information
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    Corpus Christi, TX 78418
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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
    15680 Tx-361 Corpus Christi, TX 78418
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