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    2037 Padre Island Dr Corpus Christi, TX 78416

    Sponsored
    For Sale
    $522,720

    High-traffic shopping center land, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1-acre retail property, located at 2037 S Padre Island Dr in Corpus Christi, Texas (zip code 78416), presents a lucrative investment opportunity. Zoned CG-2, this prime location boasts an impressive daily traffic count of approximately 150,000 vehicles, ensuring high visibility and accessibility for any business. The asking price is $522,720, translating to a land value of $12 per square foot. The property is situated on the highly trafficked South Padre Island Drive/Crosstown Expressway, offering unparalleled exposure to a large consumer base. This versatile property is available for sale as is, allowing for immediate development or redevelopment according to the buyer's vision. Alternatively, the owner is open to build-to-suit options, providing a flexible and customized approach to development. This makes it ideal for entrepreneurs seeking a turnkey solution or established businesses looking to expand their footprint in a thriving market. Nueces County's robust economy and growing population make this a compelling investment in a high-demand retail area. Don't miss this chance to acquire a prime piece of Corpus Christi real estate.

    Property Features for 2037 Padre Island Dr

    General Information

    Property type
    Lifestyle centers
    Lot Size
    43,560 SF

    HighLights

    • High‑traffic retail location on South Padre Island Drive.
    • 1‑acre lot available for sale or build‑to‑suit.
    • Asking price: $522,720.
    • Land value: $12/SF.
    • CG‑2 zoning.
    • Located in Corpus Christi, TX (78416), Nueces County.
    Property Profile Location Intelligence

    Current Use by Public Records

    IHOP Breakfast Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -97.4339314
    Latitude
    27.7370796

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center land, build-to-suit option.
    Where is this lifestyle center located?
    The property is located at 2037 Padre Island Dr Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $522,720.
    What are key features of this property?
    This property features: High-traffic retail location on South Padre Island Drive.; 1-acre lot available for sale or build-to-suit.; Asking price: $522,720.
    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
    2037 Padre Island Dr Corpus Christi, TX 78416
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