Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Saratoga Blvd Corpus Christi, TX 78413
    Back to Search
    Property profile & analytics

    Saratoga Blvd Corpus Christi, TX 78413

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Saratoga Blvd

    Property type
    Land

    Description

    This exceptional 1.686-acre pad site presents a unique ground lease opportunity in Corpus Christi, Texas, situated directly in front of the city's largest H-E-B grocery store. Ideal for restaurant development, this single-tenant site offers unparalleled visibility and accessibility. The property boasts convenient access to two driveways/streets, providing easy ingress and egress for customers. Shared cross-access is available with both the H-E-B Plus store and the adjacent Huntington Square Shopping Center (97% occupied), ensuring high foot traffic and synergistic opportunities. A median cut from Saratoga Boulevard directly connects to the site's driveways, enhancing visibility and accessibility. This location benefits from strong demographics, high household incomes, and proximity to upscale residential areas and a new 4A high school, indicating a robust and growing market. All construction is at the tenant's expense, and the tenant will be responsible for all property taxes. Detailed utility information is available upon request. This is one of the last remaining pad sites available along Saratoga Boulevard in this highly desirable trade area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4006
    Latitude
    27.6937

    Comparable in this City

    • Value Estimation by Request
      1.63 Acres

      6730 Evans Rd

      Land • 1.63 Acres
      6730 Evans Rd, Corpus Christi, TX 78413
      View Details
    • Value Estimation by Request

      800 Fm 2444

      Land
      800 Fm 2444, Corpus Christi, TX 78413
      View Details
    • Value Estimation by Request

      5501 Huntwick Ave

      Land
      5501 Huntwick Ave, Corpus Christi, TX 78413
      View Details
    • Value Estimation by Request
      3.94 Acres

      9400 Staples St

      Land • 3.94 Acres
      9400 Staples St, Corpus Christi, TX 78413
      View Details
    • Value Estimation by Request

      6902 Weber Corpus Christi Tx 78413

      Land
      6902 Weber Corpus Christi Tx 78413, Corpus Christi, TX 78413
      View Details
    • Value Estimation by Request
      2.10 Acres

      Corsica Rd

      Land • 2.10 Acres
      0 Corsica Rd, Corpus Christi, TX 78413
      View Details

    Similar Nearby for Sale

    • $2,175,555
      9.44 Acres

      Corpus Christi Land For Sale

      9.44 acres ideal for apartments, townhouses, or assisted living.
      5409 Lipes Blvd, Corpus Christi, TX 78413
      View Details
    • $450,000
      3,706 SF

      Corpus Christi Multifamily Property

      Multifamily property in a desirable southside location.
      5077 Wingfoot Ln, Corpus Christi, TX 78413
      View Details
    • $409,900
      3,238 SF

      Spacious Duplex with Cathedral Ceilings

      Updated duplex with garages, patios, and ample natural light.
      5009 Wingfoot Ln, Corpus Christi, TX 78413
      View Details
    • $899,000
      6,796 SF

      Multifamily Property in Corpus Christi

      Fully occupied 7-unit property with long-term tenants and stable income.
      6513 Long Meadow Dr, Corpus Christi, TX 78413
      View Details
    • New
      $499,000
      4,240 SF

      Fully Occupied Corpus Christi Quadplex

      Quadplex with long-term tenants, private patios, and covered parking.
      4209 Acushnet Dr, Corpus Christi, TX 78413
      View Details
    • Contact for pricing

      Corsica Rd, CORP CHRISTI, TX 78413

      Commercial land
      Corsica Rd, Corpus Christi, TX 78413
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo

      Cozy Two-Story Townhome For Rent

      Two-bedroom townhome with fenced yard available for rent.
      7214 Owen Ct, Corpus Christi, TX 78413
      View Details
    • $5,500 /Mo

      Unimproved Land For Lease

      0.7097 AC of unimproved land available for lease.
      5674 Sarazen Dr, Corpus Christi, TX 78413
      View Details
    • Contact for pricing

      Prime Pad Site for Lease

      1.69 acre pad site fronting HEB Grocery.
      Saratoga Blvd, Corpus Christi, TX 78413
      View Details
    • Contact for pricing
      1,400 SF

      Retail Spaces Available for Lease

      Retail spaces available in vibrant, anchored shopping center.
      6418 S Staples St, Corpus Christi, TX 78413
      View Details
    • Contact for pricing
      3,990 SF

      Southside Flex Space Available

      Multi-tenant flex building complex in Corpus Christi for lease.
      3740-3790 Wow Rd, Corpus Christi, TX 78413
      View Details
    • New
      $7,500 /Mo
      10,000 SF

      Industrial Warehouse with Office Space

      Move-in ready warehouse with office space and truck access.
      3701 Apollo Rd, Corpus Christi, TX 78413
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Saratoga Blvd
    Corpus Christi, TX 78413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Saratoga Blvd, Corpus Christi, TX, 78413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!