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    5640 Ayers St Corpus Christi, TX 78415

    For Sale
    $700,000

    High-traffic QSR/retail space for lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2,800-square-foot retail building, situated on a 0.39-acre lot in the South Riverside submarket of Lake Elsinore, CA, presents a remarkable lease opportunity. Located at 16899 Lakeshore Drive, this Class B property boasts a prime location at the highly signalized intersection of Lakeshore Drive and River Drive, experiencing a combined daily traffic volume of 46,204 vehicles. The single-story building offers excellent visibility and accessibility with multiple points of ingress and egress, including dedicated curb cuts on Lakeshore Drive and Wisconsin Street. The property features a spacious fenced yard, ideal for additional parking or storage, and includes 8 dedicated parking spaces along Wisconsin Street. This C-1/C-P zoned property (APN 379-212-013) is surrounded by established businesses, including Albertsons, Stater Bros, AutoZone, Family Dollar, Chevron, Arco, KFC, Taco Bell, Del Taco, and Burger Basket, and is less than a mile from the Launch Pointe Recreation Destination & RV Camping Park. The building is currently vacant and offers flexible lease terms. Individual unit sizes are available: Unit A (800 SF, $1,500/month), Unit B (700 SF, $1,350/month), Unit C (650 SF, $1,195/month), and Unit D (650 SF, $1,195/month). The entire 2,800 square foot building is also available for lease at $5,000 per month. This presents a unique opportunity for a business seeking high visibility and strong foot traffic in a rapidly growing market.

    Property Features for 5640 Ayers St

    General Information

    Property type
    Land

    HighLights

    • 2,800 SF single‑tenant retail building available for lease.
    • High‑traffic location at the signalized intersection of Lakeshore Dr and Riverside Dr (46,204 VPD).
    • Excellent visibility on a major thoroughfare.
    • Multiple points of ingress/egress with dedicated curb cuts on Lakeshore Dr and Wisconsin St.
    • Large rear lot providing ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ray's Auto Parts Used Auto Parts Store

    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
    -97.432932065904
    Latitude
    27.72646784166

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    FAQs

    What type of property is this?
    Land - High-traffic QSR/retail space for lease.
    Where is this land located?
    The property is located at 5640 Ayers St Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 2,800 SF single-tenant retail building available for lease.; High-traffic location at the signalized intersection of Lakeshore Dr and Riverside Dr (46,204 VPD).; Excellent visibility on a major thoroughfare.
    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
    5640 Ayers St Corpus Christi, TX 78415
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