5501 I-37 Corpus Christi, TX 78408
- Office Properties & Spaces
- 95,715 SF
- 6.20 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5501 I-37
- Year built
- 1982
- Lot size
- 6.20 lot acres
- Property size
- 95,715 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 95,715 square foot medical office building, situated on a 6.2-acre lot in Corpus Christi, Texas, presents a compelling investment opportunity. The property, located at 5501 I-37, boasts 160 units currently operating at 100% occupancy. Built in 1982, this two-story structure is zoned B-4 and offers a diverse range of amenities including recreational areas, meeting rooms, a full dining room, and a fully equipped kitchen. The building's functionality is enhanced by individual PTAC units in each room. Its strategic location on the Interstate 37 access road at McBride provides excellent visibility and accessibility. The property's strong performance is further bolstered by the area's thriving tourism sector, significant industrial development within a 30-minute radius, and the proximity to a major military complex, creating a substantial demand for lodging and medical services. The asking price is $1,200,000, translating to $12.54 per square foot. This represents a rare chance to acquire a high-performing, established medical facility in a dynamic and growing market. The property's size, location, and current occupancy make it an attractive investment with significant potential for future growth and returns. Nueces County location and 78408 zip code.
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
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4633
- Latitude
- 27.8027
