8306 Padre Island Dr Corpus Christi, TX 78412

Property Details for 8306 Padre Island Dr

Year built

1987

Lot size

2.46 lot acres

Property size

4,816 SF

Zone code

B-4

Property type

Commercial real estate

APN

8144-0002-0010

APU

814400020010

Description

This exceptional 5.22-acre commercial land parcel presents a compelling investment opportunity in Corpus Christi, Texas. Strategically located on a major thoroughfare, this property enjoys high visibility and accessibility, making it ideal for a variety of commercial ventures. The site boasts a prime location near Texas A&M Corpus Christi, Naval Air Station Corpus Christi, and the Medical Center Campus, ensuring a robust customer base and strong potential for growth. The property includes a 3,800 square foot main building and a 522 square foot cottage, offering existing structures that could be repurposed or renovated. Designated as an Opportunity Zone, this investment offers significant tax advantages under the 2017 Tax Cuts and Jobs Act, further enhancing its appeal to investors seeking both strong returns and tax benefits. The CG-2 Commercial zoning allows for a wide range of development possibilities, catering to diverse business needs. This is a rare opportunity to acquire a substantial land holding in a thriving Texas city with exceptional access and significant upside potential. The property's location within an Opportunity Zone provides a unique incentive for long-term investment and economic growth within the community. This high-traffic location ensures maximum exposure and accessibility for any commercial enterprise. The existing buildings offer immediate utility or potential for redevelopment, adding to the property's overall value and flexibility. The asking price is $2,100,000.

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Longitude

-97.32

Latitude

27.6847

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments