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    14Th St Kingsville, TX 78363

    For Sale
    $1,890,000

    Prime Kingsville shopping center, 87.5% occupied.

    Property size:
    27,435 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Sundial Plaza presents a compelling investment opportunity in Kingsville, Texas. This fee-simple owned, mixed-use shopping center totals 27,435 square feet and sits on a 2.1-acre corner lot. The property, built in 1984 and renovated in 2008, boasts 16 tenant spaces with an impressive 87.5% occupancy rate. Currently operating under gross leases, this presents a value-add opportunity for potential investors. The property's strategic location at a well-lit five-way intersection experiences high daily traffic volume, exceeding 29,000 vehicles. Its proximity to the US Naval Air Station Kingsville, a major training facility for Navy and Marine Corps pilots, further enhances its appeal. The asking price is $1,890,000, translating to $68.89 per square foot – significantly below replacement cost. Located in the heart of Kingsville, the county seat of Kleberg County, this shopping center benefits from a population exceeding 25,000 residents and is less than three miles from the Naval Air Station. The property is zoned for commercial use. Financial details are available upon request. This is a rare opportunity to acquire a well-positioned, income-producing retail asset in a thriving Texas community.

    Property Features for 0 14Th St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    27,435 SF
    Lot Size
    91,476 SF

    Building Details

    Year Built/Renovated
    1984/2008

    HighLights

    • 87.5% occupied shopping center in Kingsville, TX.
    • 2+ acre corner lot in prime Kingsville location.
    • Contact agent for rent roll information.
    • High visibility at a lighted 5‑way intersection with nearly 30,000 vehicles per day.
    • 27,435 square foot building with 16 tenant spaces.
    • Priced at $68/SF, significantly below replacement cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Kingsville
    County
    Kleberg
    State
    Texas
    Longitude
    -97.855993
    Latitude
    27.5084281

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Kingsville shopping center, 87.5% occupied.
    Where is this lifestyle center located?
    The property is located at 14Th St Kingsville, TX.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: 87.5% occupied shopping center in Kingsville, TX.; 2+ acre corner lot in prime Kingsville location.; Contact agent for rent roll information.
    Request Owner's contact information
    14Th St Kingsville, TX 78363
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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
    14Th St Kingsville, TX 78363
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