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    1818 Caribbean Dr Corpus Christi, TX 78418

    Sponsored
    For Sale
    $3,500,000

    Exceptional investment opportunity: land, barn, arena.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This expansive 87-acre property, located at 1818 Caribbean Dr, Corpus Christi, Texas 78418, presents a remarkable investment opportunity in the desirable Flour Bluff area of Nueces County. Currently configured as a functioning farm and ranch, the land boasts existing infrastructure including a barn, stables, an arena, and a tack room, all adding significant value to the $3,500,000 asking price. An older ranch house is also situated on the property. The property's strategic location offers easy access to key regional attractions and amenities. Its proximity to Naval Air Station Corpus Christi, Texas A&M University-Corpus Christi, and North Padre Island enhances its appeal and potential for future development. The substantial acreage makes this property ideally suited for a variety of uses, including the development of an equestrian facility, a planned unit development (PUD), or a residential subdivision. The existing structures provide a solid foundation for immediate use or potential redevelopment, making this a truly unique and versatile investment opportunity in a rapidly growing area of Texas. The property's latitude and longitude coordinates are 27.649436, -97.323504 respectively.

    Property Features for 1818 Caribbean Dr

    General Information

    Property type
    Farms

    HighLights

    • 87‑acre farm and ranch in desirable Flour Bluff, Corpus Christi, TX.
    • $3,500,000 asking price.
    • Includes barn, stables, arena, and tack room.
    • Older ranch house on site.
    • Excellent location near NAS Corpus Christi, Texas A&M‑Corpus Christi, and North Padre Island.
    • Suitable for equestrian facility, PUD, or residential subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Moonlight Stables Stable Corpus Christi Elite ... Roofing Contractor

    Suggested Use

    Clothing Store Hotel & Motel HVAC Service Veterinary Clinic Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.323504
    Latitude
    27.649436

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    FAQs

    What type of property is this?
    Farm - Exceptional investment opportunity: land, barn, arena.
    Where is this farm located?
    The property is located at 1818 Caribbean Dr Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 87-acre farm and ranch in desirable Flour Bluff, Corpus Christi, TX.; $3,500,000 asking price.; Includes barn, stables, arena, and tack room.
    Request Owner's contact information
    1818 Caribbean Dr 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
    1818 Caribbean Dr Corpus Christi, TX 78418
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