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    517 Avalon St Corpus Christi, TX 78411

    For Sale
    $949,000

    High-yield investment, 16,086 SF, 60% occupied.

    Property size:
    16,086 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a portfolio of four buildings totaling 16,086 square feet, strategically located at the corner of Everhart Road and Avalon in Corpus Christi, Texas, zip code 78411. The property, encompassing addresses 517, 519, and 525 Everhart Road, and 4212 Avalon, offers a compelling mix of storefront and traditional office space, ideal for both owner-occupancy and investment purposes. Currently, the portfolio boasts 60% occupancy. The asking price for this mixed-use property is $949,000, translating to a price per square foot of $59. The legal description includes Avalon Place Lots A, B, D, and E (Northwest of Block 2) and Avalon Place Lot C (Block 2). Detailed building square footage and lease information are available upon request. This prime location in Nueces County presents a strong potential for rental income and future appreciation, making it an attractive addition to any real estate portfolio. The property is currently held as a single tenancy. An aerial photo is available showcasing the individual building sizes and their layout. This is a rare opportunity to acquire a substantial multi-building portfolio in a thriving Texas market.

    Property Features for 517 Avalon St

    General Information

    Property type
    Individual retail properties
    Square Feet
    16,086 SF

    HighLights

    • Four‑building portfolio totaling 16,086 square feet in Corpus Christi, TX.
    • Mixed‑use property with storefront and office space, ideal for owner‑occupancy or investment.
    • 60% occupancy, asking price $949,000 ($59/SF).
    • Located at the corner of Everhart Road and Avalon (78411), Nueces County.
    • Includes addresses 517, 519, and 525 Everhart Road, and 4212 Avalon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -97.3738413
    Latitude
    27.7310077

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    FAQs

    What type of property is this?
    Individual retail property - High-yield investment, 16,086 SF, 60% occupied.
    Where is this individual retail property located?
    The property is located at 517 Avalon St Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: Four-building portfolio totaling 16,086 square feet in Corpus Christi, TX.; Mixed-use property with storefront and office space, ideal for owner-occupancy or investment.; 60% occupancy, asking price $949,000 ($59/SF).
    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
    517 Avalon St Corpus Christi, TX 78411
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