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Property profile

0 Gilliam St Corpus Christi, TX 78409

OFF-MARKET
Land
27.92 ac lot
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Property summary

AI-generated overview

This exceptional 27.92-acre tract of land in Corpus Christi, Texas, presents a prime opportunity for industrial development. Located in Nueces County, zip code 78409, on Gilliam Street, this property boasts convenient paved road access and is already equipped with city water lines and fire hydrants. The land is zoned IH (Heavy Industrial), making it ideal for a variety of uses. The site is comprised of three contiguous lots, offering flexibility for various development scenarios. Tract 1 encompasses 6.09 acres, while Tracts 2 and 3 each measure 10.913 acres. This strategic location is particularly well-suited for businesses providing industrial services and support, trucking and hauling operations, and heavy equipment maintenance and repair. Utilities including water, sewer, and electricity are readily available, minimizing infrastructure development costs and expediting project timelines. The land's size and zoning, coupled with existing infrastructure, make this a highly attractive investment for industrial enterprises seeking a well-located and prepared site in a thriving Texas market. The property is priced at $2.75 per square foot.

Property profile

Verified
Property type Land
Lot 27.92 ac (1,216,195 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gilliam St Corpus Christi, TX 78409
Corpus Christi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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