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    13906 Mingo Cay Ct Corpus Christi, TX 78418

    Sponsored
    For Sale
    $1,350,000

    6,502 SF Warehouse, 8 Units

    Property size:
    6,502 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Corpus Christi investment opportunity presents a 6,502 square foot warehouse property situated at 13906 Mingo Cay Ct 1-8, in the 78418 zip code of Nueces County, Texas. The property is classified as both industrial and commercial, offering significant potential for diverse uses. Currently configured as an eight-unit complex, the layout includes two two-bedroom, two-bathroom apartments and six one-bedroom, two-bathroom apartments. This presents a strong foundation for rental income generation. The asking price for this turnkey investment is $1,350,000. The property's location in Corpus Christi offers excellent accessibility and visibility, making it an attractive proposition for both investors and potential tenants. The substantial square footage provides ample space for various commercial or industrial applications, while the existing apartment units offer immediate cash flow. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-positioned, multi-unit property in a thriving Texas market. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

    Property Features for 13906 Mingo Cay Ct

    General Information

    Property type
    Distribution properties
    Square Feet
    6,502 SF

    HighLights

    • 6,502 SF warehouse in Corpus Christi, TX (78418).
    • Multi‑use industrial and commercial zoning.
    • Eight‑unit apartment complex (two 2/2s, six 1/2s).
    • Turnkey investment opportunity for $1,350,000.
    • Excellent location offering high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harv's Home Repair Siding Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.2329207
    Latitude
    27.595144

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    FAQs

    What type of property is this?
    Distribution property - 6,502 SF Warehouse, 8 Units
    Where is this distribution property located?
    The property is located at 13906 Mingo Cay Ct Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 6,502 SF warehouse in Corpus Christi, TX (78418).; Multi-use industrial and commercial zoning.; Eight-unit apartment complex (two 2/2s, six 1/2s).
    Request Owner's contact information
    13906 Mingo Cay Ct 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
    13906 Mingo Cay Ct Corpus Christi, TX 78418
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