901 N Padre Blvd. South Padre Island, TX 78597
COMMERCIAL - South Padre Island, TX
- Added:
- Sep 12, 2025
- Days on Market:
- 306
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 901 N Padre Blvd.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Standard status
- Active
- Size
- 30,258 SF
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 39187
Building Details
- Year built
- 2000
- Number of units
- 50
Listing agent Esteban Flores (956) 322-8522
Listing office Effective Real Estate 1817 Padre Blvd, Ste 3, Mcallen, TX (956) 322-8522
Listing date Sep 12, 2025
Copyright © 2026 South Padre Island Board of Realtors. 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.
Key Highlights
- Bay front location on South Padre Island
- 50‑room hotel
- High traffic area
Local Financial Insights For Hotel Hospitality
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 | $544.6k | $18.00 |
| − Vacancy | −$54.5k | −$1.80 |
| EGI | $490.2k | $16.20 |
| − OpEx | −$257.3k | −$8.51 |
| NOI | $232.8k | $7.69 |
