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    15226 Northwest Blvd Robstown, TX 78380

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    15226 Northwest Blvd Robstown, TX 78380

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    • Retail properties & Spaces
    • 44,669 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 15226 Northwest Blvd

    Property size
    44,669 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    Exceptional investment opportunity in Robstown, Texas, featuring multiple padsites ideal for a variety of retail uses, including auto shops, convenience stores, and restaurants. Located at 15226 Northwest Blvd (FM 624), this property boasts a prime location in a rapidly growing area of Northwest Corpus Christi and surrounding communities, approximately half a mile past FM 1889. Each padsite offers approximately one acre (44,668 - 54,060 sq ft) of land, with a land value of $12 per square foot, resulting in an asking price of $2,768,585. The property is zoned CG-2, allowing for diverse commercial development. Infrastructure is in place, with fiber optics readily accessible. The area shows significant commercial growth, with nearby businesses including convenience stores, restaurants, a veterinary clinic, and real estate offices. Platting is currently pending approval. This owner/user opportunity presents a unique chance to establish a business in a thriving market. The property's size and zoning provide flexibility for various retail concepts. Don't miss this chance to capitalize on the growth potential of this dynamic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Robstown
    County
    Nueces
    State
    Texas
    Longitude
    -97.6642
    Latitude
    27.8588

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      901 Main Ave

      CONVENIENCE STORE • 2,400 SF
      901 Main Ave, Robstown, TX 78380-3136
      View Details
    • Value Estimation by Request
      2,185 SF

      100 Ave D St

      CONVENIENCE STORE • 2,185 SF
      100 Ave D St, Robstown, TX 78380-3040
      View Details
    • Value Estimation by Request
      1,129 SF

      701 Ave J J

      CONVENIENCE STORE • 1,129 SF
      701 Ave J J, Robstown, TX 78380-2423
      View Details
    • Value Estimation by Request
      2,691 SF

      652 Ave J J

      CONVENIENCE STORE • 2,691 SF
      652 Ave J J, Robstown, TX 78380
      View Details
    • Value Estimation by Request
      1,800 SF

      2723 Fm 665

      CONVENIENCE STORE • 1,800 SF
      2723 Fm 665, Robstown, TX 78380-5658
      View Details
    • Value Estimation by Request
      2,000 SF

      701 Lincoln Ave

      CONVENIENCE STORE • 2,000 SF
      701 Lincoln Ave, Robstown, TX 78380-4201
      View Details

    Similar Nearby for Sale

    • $699,900
      2,000 SF

      Established Robstown Convenience and Drive-Thru

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      View Details
    • Contact for pricing
      2,000 SF

      Established Robstown Convenience and Drive-Thru

      Profitable, turn-key convenience and drive-thru store in Robstown, Texas.
      701 Lincoln Ave, Robstown, TX 78380
      View Details
    • Contact for pricing
      2,000 SF

      Established Robstown Convenience Store For Sale

      Profitable, turn-key convenience store in Robstown, Texas, serving the community.
      701 Lincoln Ave, Robstown, TX 78380
      View Details
    • Contact for pricing
      Pending

      Robstown Church with Business Potential

      Church with business zoning in Robstown, Texas for sale.
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    • $259,000
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      Robstown Commercial Opportunity on Main

      Commercial building on Main Street with renovation potential.
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    • $75,000
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      Robstown Industrial Land - $75K

      0.49-acre industrial lot, high potential.
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    Similar Nearby for Lease

    • Contact for pricing

      Spacious Flex Space with Yard

      18,100 SF flex space on 4.96 acres available.
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    • Contact for pricing

      Industrial Space with Office Component

      Industrial property featuring office space and warehouse components for lease.
      525 Corpus Christi, Robstown, TX 78380
      View Details
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    Robstown, TX 78380
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    15226 Northwest Blvd, Robstown, TX, 78380
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