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Property profile & analytics
OFF-MARKET
Land

1818 Caribbean Dr Corpus Christi, TX 78418

Property ID
Property summary
AI-generated overview

This expansive 87-acre property, located at 1818 Caribbean Dr, Corpus Christi, Texas 78418, presents a remarkable investment opportunity in the desirable Flour Bluff area of Nueces County. Currently configured as a functioning farm and ranch, the land boasts existing infrastructure including a barn, stables, an arena, and a tack room, all adding significant value to the $3,500,000 asking price. An older ranch house is also situated on the property. The property's strategic location offers easy access to key regional attractions and amenities. Its proximity to Naval Air Station Corpus Christi, Texas A&M University-Corpus Christi, and North Padre Island enhances its appeal and potential for future development. The substantial acreage makes this property ideally suited for a variety of uses, including the development of an equestrian facility, a planned unit development (PUD), or a residential subdivision. The existing structures provide a solid foundation for immediate use or potential redevelopment, making this a truly unique and versatile investment opportunity in a rapidly growing area of Texas. The property's latitude and longitude coordinates are 27.649436, -97.323504 respectively.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Moonlight Stables Kennel & Boarding Facility Animal Training
  • Corpus Christi Elite Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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