14Th St Kingsville, TX 78363
- Specialty properties
- 27,435 SF
- 2.10 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 0 14Th St
- Year built
- 1984
- Lot size
- 2.10 lot acres
- Property size
- 27,435 SF
- Property type
- Specialty properties
- Property subtype
- Lifestyle centers
Description
Sundial Plaza presents a compelling investment opportunity in Kingsville, Texas. This fee-simple owned, mixed-use shopping center totals 27,435 square feet and sits on a 2.1-acre corner lot. The property, built in 1984 and renovated in 2008, boasts 16 tenant spaces with an impressive 87.5% occupancy rate. Currently operating under gross leases, this presents a value-add opportunity for potential investors. The property's strategic location at a well-lit five-way intersection experiences high daily traffic volume, exceeding 29,000 vehicles. Its proximity to the US Naval Air Station Kingsville, a major training facility for Navy and Marine Corps pilots, further enhances its appeal. The asking price is $1,890,000, translating to $68.89 per square foot – significantly below replacement cost. Located in the heart of Kingsville, the county seat of Kleberg County, this shopping center benefits from a population exceeding 25,000 residents and is less than three miles from the Naval Air Station. The property is zoned for commercial use. Financial details are available upon request. This is a rare opportunity to acquire a well-positioned, income-producing retail asset in a thriving Texas community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kingsville
- County
- Kleberg
- State
- Texas
- Longitude
- -97.856
- Latitude
- 27.5084
