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Property profile & analytics
OFF-MARKET
Apartment buildings

0 I-37 Corpus Christi, TX 78410

604,613 SF 13.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.88-acre tract of land presents a compelling redevelopment opportunity in Corpus Christi, Texas. Strategically located off Interstate 37, between Hart Road and Violet Road, this irregularly shaped parcel boasts significant potential for multifamily development. The property features convenient access to IH-37, enhancing its appeal and accessibility. City water is readily available along the IH-37 frontage, while city sewer lines run along the western property line, simplifying infrastructure connections. Zoned RM-1 (Residential Multifamily), the land allows for a density of 22 units per acre, offering substantial development capacity. The asking price for this prime investment property is $1,965,000. The substantial square footage of 604,613 provides ample space for a large-scale project. The property's location offers proximity to numerous amenities within a couple of miles, making it an attractive location for future residents. The APN is 3267-0011-0011, and ownership is held by the Mostaghasi Investment Trust. This is a unique chance to acquire a significant land parcel in a growing area, ideal for those seeking a high-return multifamily development project. The property's size and zoning regulations make it particularly suitable for a substantial multifamily development, aligning well with the existing character of the surrounding area.

Property profile
Verified
Property type Apartment buildings
Total area 604,613 SF
Lot 13.88 ac (604,613 SF)
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
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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