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    1526 Padre Island Dr Corpus Christi, TX 78408

    For Sale
    $1,750,000

    2.5-Acre Commercial/Industrial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.5-acre parcel of land presents a remarkable investment opportunity in the thriving Corpus Christi, Texas market. Located at 1526 N Padre Island Drive, this property boasts a highly desirable hard-corner location with 275 feet of frontage on North Padre Island Drive (NPID), a major thoroughfare. Zoned for Heavy Industrial use, this unimproved land offers unparalleled flexibility for a wide range of commercial and industrial developments. Imagine a retail strip center, a convenient store, a warehouse facility, expansive yard space, or a modern business center – the possibilities are virtually limitless. The asking price is $1,750,000, translating to approximately $16.07 per square foot. Essential utilities, including electricity, water, and sewer, are readily available, simplifying the development process. The legal description is Lantana Industrial Area Lot 1 Block 3, situated in Nueces County, Texas, zip code 78408. This prime location, coupled with its generous size and versatile zoning, makes this property an exceptional investment prospect with significant potential for future growth and profitability. Don't miss this chance to acquire a strategically positioned asset in a dynamic Texas market.

    Property Features for 1526 Padre Island Dr

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • $1,750,000 asking price.
    • 2.5‑acre commercial/industrial land parcel.
    • Located at 1526 N Padre Island Drive, Corpus Christi, TX 78408.
    • Heavy Industrial zoning.
    • Excellent location for various uses including retail, warehouse, or business center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oil Patch Petroleum ... Diesel Fuel Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.46791
    Latitude
    27.78647

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    FAQs

    What type of property is this?
    Land - 2.5-Acre Commercial/Industrial Lot, Prime Location
    Where is this land located?
    The property is located at 1526 Padre Island Dr Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 asking price.; 2.5-acre commercial/industrial land parcel.; Located at 1526 N Padre Island Drive, Corpus Christi, TX 78408.
    Request Owner's contact information
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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
    1526 Padre Island Dr Corpus Christi, TX 78408
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