4199 Whiteley Dr Corpus Christi, TX 78418
This exceptional 1.24-acre commercial land parcel in Corpus Christi, Texas, presents a unique investment opportunity for developers. Situated on the navigable channel of the Laguna Madre, this corner lot boasts a highly desirable waterfront location on the Flour Bluff Peninsula, offering unparalleled access to the bay. The property's A-1 zoning allows for the construction of a multi-family development, comfortably accommodating 10-12 units across 2-3 story buildings. The elevated lot is ideal for slab foundation construction. This prime location at the gateway to Padre Island provides exceptional access to world-class fishing, attracting both residents and tourists. The Laguna Madre, one of only five hypersaline coastal lagoons globally, is renowned for its recreational opportunities, including birding, kayaking, and paddleboarding. This is a rare chance to capitalize on the thriving tourism and recreational activities in this unique Texas coastal environment. The asking price is $1,199,900. The address is 4199 Whiteley Dr, Corpus Christi, TX 78418, in Nueces County.
Cap rate
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