10525 Padre Is Dr Corpus Christi, TX 78418-3422
This exceptional 2,520 square foot restaurant space, located at 10525 S Padre Island Dr in Corpus Christi, Texas, presents a unique investment opportunity. Previously occupied by a Pizza Hut, this vacant property is ready for immediate occupancy and boasts a desirable location along South Padre Island Drive (SPID), a major thoroughfare with high visibility and traffic volume. The building, constructed in 1977, sits on a spacious 25,056 square foot lot and is zoned CG-1, offering flexibility for a variety of restaurant concepts. The asking price is $495,000, translating to $196.43 per square foot. Some existing equipment may be available. Its convenient proximity to a major HEB grocery store and its position as a gateway to Padre Island further enhances its appeal to potential buyers. This property offers significant potential for a thriving restaurant business in a high-demand location. The address is 10525 S Padre Island Dr, Corpus Christi, TX 78418, within Nueces County. Serious inquiries are encouraged.
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Pizza Hut Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Corpus Christi, TXCorpus Christi. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.