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    4330 Padre Island Dr Corpus Christi, TX 78411

    For Sale
    $7,200,000

    High-traffic Corpus Christi retail center

    Property size:
    49,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 49,454 square foot retail center, situated on three acres at 4330 S Padre Island Dr in Corpus Christi, Texas, presents a compelling investment opportunity. Boasting a prime location on SPID between Everhart and Weber Roads, the property benefits from substantial daily traffic counts exceeding 107,794 vehicles to the west and 121,000 to the east (ESRI 2024 data). The surrounding area is densely populated, with over 126,000 residents within a three-mile radius and over 219,000 within five miles (ESRI 2024 data). The property includes a recently installed (2023) new roof (details available upon request). The building will be re-platted to leave approximately three acres, as shown on the provided survey. A cross-access and shared maintenance agreement will be finalized at closing. The building comprises several spaces: a 33,130 square foot air-conditioned showroom (formerly Ashley/Lacks Furniture), a 4,145 square foot furniture warehouse with an overhead door, an 8,556 square foot finished office space (Suite B, Educare/Rescare), and a 3,623 square foot vacant office space (Suite C). Suite B also has access to an overhead door. A large rear area offers potential for additional parking. The fully fire-sprinklered building is offered at an asking price of $7,200,000. This property is zoned for light industrial use (IL).

    Property Features for 4330 Padre Island Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    49,454 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1984

    HighLights

    • 49,454 SF retail center on 3 acres in Corpus Christi, TX.
    • Prime location on S Padre Island Dr (SPID) with daily traffic counts exceeding 107,794 vehicles (west) and 121,000 vehicles (east).
    • High‑density population: 126,000+ residents within 3 miles, 219,000+ within 5 miles.
    • New roof installed in 2023.
    • Property to be re‑platted to approximately 3 acres; cross‑access and shared maintenance agreement at closing.
    • Multiple spaces: 33,130 SF air‑conditioned showroom, 4,145 SF warehouse, 8,556 SF finished office, and 3,623 SF vacant office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lacks Furniture Showcase Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.3919825
    Latitude
    27.7194361

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic Corpus Christi retail center
    Where is this lifestyle center located?
    The property is located at 4330 Padre Island Dr Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $7,200,000.
    What are key features of this property?
    This property features: 49,454 SF retail center on 3 acres in Corpus Christi, TX.; Prime location on S Padre Island Dr (SPID) with daily traffic counts exceeding 107,794 vehicles (west) and 121,000 vehicles (east).; High-density population: 126,000+ residents within 3 miles, 219,000+ within 5 miles.
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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
    4330 Padre Island Dr Corpus Christi, TX 78411
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