Automotive Sales & Service
9818 S Padre Island Drive Corpus Christi, TX 78418
9818 S Padre Island Drive, Corpus Christi, TX, 78418
$699,000
For Sale
$699,000
Corner property with office/showroom frontage, a covered drive-through canopy, and multiple roll-up service bays.
Property Size3,796 SF
Price / SF$184.14
Days on Market97
Property Features for 9818 S Padre Island Drive
General Information
- Standard status
- Active
- Size
- 3,796 SF
Listing agency
Keller Williams Coastal Bend
(214) 293-0684
Listed by
Victor Rivera · License #0679506
(214) 293-0684
Source
Exprealty
Added: Apr 16 Updated: Jul 20 at 8:59PM Checked: Jul 20 at 8:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Bend
Investment Insights
Based on property information with market context.
Located at 9818 S Padre Island Drive, this corner commercial property was previously operated as an automotive sales and service site. The layout includes a welcoming office/showroom area with large front-facing windows and an open reception area, supported by additional interior space suited for client-facing use. Behind the showroom, there are multiple service bays with roll-up doors for automotive work, storage, or workshop needs. The property also features a covered drive-through canopy for vehicle display, service intake, or customer drop-off, along with an expansive concrete yard for equipment storage or fleet parking. A secure, fenced rear area provides controlled access for storage.
The site is positioned on a high-visibility corner along a major thoroughfare, with convenient ingress and egress described in the remarks. It is situated near NAS-CC, and the surrounding area includes a mix of residential neighborhoods and commercial businesses.
The site is positioned on a high-visibility corner along a major thoroughfare, with convenient ingress and egress described in the remarks. It is situated near NAS-CC, and the surrounding area includes a mix of residential neighborhoods and commercial businesses.
Key Highlights
- High‑visibility corner commercial property on a major thoroughfare with office/showroom frontage and large front‑facing windows
- Covered drive‑through canopy for vehicle display, service intake, or customer drop‑off
- Multiple service bays with roll‑up doors for automotive work, storage, or workshop use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $18.00 |
| − Vacancy | −$5.8k | −$1.53 |
| EGI | $62.5k | $16.47 |
| − OpEx | −$18.8k | −$4.94 |
| NOI | $43.8k | $11.53 |
3,796 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$625.2K
$547.1K – $729.4K
NOI $43,764 @ 7.0% cap · market cap 6.26%
Second Best
Industrial
$363.2K
$317.8K – $423.7K
NOI $25,423 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,578 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Max Motors
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- The Mechanic Shop — 1109 Cline St, Corpus Christi, TX 78418
- SV Auto and Fleet Service — 1118 Cline St, Corpus Christi, TX 78418
- Coastal performance — 1126 Cline St, Corpus Christi, TX 78418
- Take 5 Oil Change — 1237 Waldron Rd, Corpus Christi, TX 78418
- SV Auto and Fleet Service .................s&vautogroupllc — 1118 Cline St, Corpus Christi, TX 78418
FAQs
What type of property is this?
Auto shop - Corner property with office/showroom frontage, a covered drive-through canopy, and multiple roll-up service bays.
Where is this auto shop located?
The property is located at 9818 S Padre Island Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High‑visibility corner commercial property on a major thoroughfare with office/showroom frontage and large front‑facing windows; Covered drive‑through canopy for vehicle display, service intake, or customer drop‑off; Multiple service bays with roll‑up doors for automotive work, storage, or workshop use
