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    The Largest CRE Database in the US with Over 1 Million Listings

    4856 County Rd 69 Corpus Christi, TX 78410

    Sponsored
    For Sale
    $7,575,600

    75 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    411
    This exceptional 75.756-acre tract presents a remarkable investment opportunity in Robstown, Texas. Strategically positioned at the intersection of County Road 52 and County Road 69, this commercially and residentially zoned (FR - Farm Rural) property boasts unparalleled accessibility and visibility. Its location approximately half a mile from Northwest Boulevard, a major thoroughfare connecting US 77 to surrounding communities, ensures high traffic flow and exposure. The land is surrounded by established residential areas, making it ideally suited for high-end residential development. Furthermore, its proximity to Northwest Boulevard places it within a thriving commercial corridor, featuring a diverse range of businesses including numerous restaurants (fast food and sit-down), medical facilities (physician offices, urgent care clinics), and automotive services. Nearby amenities include various churches, banks (Prosperity Bank, Frost Bank, Texas Champion Bank, Wells Fargo Bank, Rally Credit Union, CoastLife Credit Union, Capital Farm Credit, IBC Bank), car washes (Quick Quack Car Wash, GO Car Wash), and numerous automotive businesses (Mini Lube, O'Reilly, Firestone, Roman's Shell Station, Auto Zone, A-O-C Auto Parts, Delta Wheel & Tire). The area also offers a variety of medical services, including TLC Medical Center, StatCare Urgent Care, Corpus Christi Medical Center NW, and several individual physician practices. A selection of restaurants and entertainment venues are also conveniently located nearby, along with veterinary care facilities and apartment complexes. The property's APN is 5874-0002-0072. The asking price is $7,575,600.

    Property Features for 4856 County Rd 69

    General Information

    Property type
    Land
    Lot Size
    3,299,931 SF

    We can help!

    Listing Contact
    Cliff Atnip
    Cliff Atnip

    Learn more

    HighLights

    • 75.756‑acre tract in Robstown, Texas, commercially and residentially zoned (FR), at the intersection of County Road 52 and County Road 69.
    • High traffic location, approximately half a mile from Northwest Boulevard, a major thoroughfare connecting to US 77.
    • Surrounded by established residential areas, ideal for high‑end residential development, and situated within a thriving commercial corridor.
    • Abundant nearby amenities including multiple banks, restaurants, car washes, automotive services, medical facilities, and churches.
    • Property APN: 5874‑0002‑0072. Asking price: $7,575,600.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.649088133199
    Latitude
    27.848597887914

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    FAQs

    What type of property is this?
    Land - 75 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at 4856 County Rd 69 Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $7,575,600.
    What are key features of this property?
    This property features: 75.756-acre tract in Robstown, Texas, commercially and residentially zoned (FR), at the intersection of County Road 52 and County Road 69.; High traffic location, approximately half a mile from Northwest Boulevard, a major thoroughfare connecting to US 77.; Surrounded by established residential areas, ideal for high-end residential development, and situated within a thriving commercial corridor.
    (361) 854-4448
    Request Owner's contact information
    4856 County Rd 69 Corpus Christi, TX 78410
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    Corpus Christi, TX 78410
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4856 County Rd 69 Corpus Christi, TX 78410
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    We can help!
    Listing Contact
    Cliff Atnip
    Cliff Atnip
    Real Estate License ID: TX 415947
    (361) 854-4448
    Learn more
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