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Property profile & analytics
OFF-MARKET
Turn key restaurants

10329 Padre Is Dr Corpus Christi, TX 78418-4407

2,591 SF 0.46 ac lot Built 1988
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3885570
Property summary
AI-generated overview

This exceptional 0.72-acre commercial property, located at 10329 South Padre Island Dr in Corpus Christi, Texas, presents a remarkable opportunity for quick-service restaurant (QSR) development. The site boasts a 2,591 square foot building, currently vacant, offering immediate occupancy for a single tenant. Its strategic location at a highly trafficked intersection provides unparalleled visibility and convenient access for customers. The property's proximity to a H-E-B Plus! and other national fast-food chains ensures high foot traffic and brand synergy. Ample parking is available with 46 spaces provided. The property is classified as Retail and Land, with a Mixed Use subtype, situated in Nueces County, Texas, zip code 78418. This freestanding pad site offers a unique chance to establish a thriving business in a vibrant and growing area. The property's size and location make it ideal for a variety of QSR concepts. The existing building provides a solid foundation for immediate development, minimizing upfront construction costs and accelerating time to market. Don't miss this opportunity to secure a prime location in a high-demand market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 2,591 SF
Lot 0.46 ac (20,255 SF)
Zoning code B-3
APN 4105-0060-0010
UPID US82-3885570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • El Gallo De Jalisco Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Bexar Spid Retail Ltd · 8 yrs held
Bexar Spid Retail Ltd
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
B-3 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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