Technical
Financial
Distress signals
Property profile

10529 Padre Is Dr Corpus Christi, TX 78418

OFF-MARKET
Strip malls
Property ID
US82-8088862
9,600 SF 1.99 ac lot Built 2007
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,100 square foot restaurant space is located at 10529 S Padre Island Dr, Corpus Christi, TX 78418. Previously occupied by My Mimi's Kitchen, the space is fully equipped with existing restaurant hookups, making it ideal for a quick and efficient setup. Situated within a thriving commercial development, this property benefits from high visibility and convenient access. The location offers excellent cross-access with a neighboring HEB Plus grocery store, ensuring significant foot traffic and customer exposure. Multiple access points from Waldron Road, Knickerbocker Road, and the S Padre Island Dr access road provide easy accessibility for both customers and employees. The tenant mix in this vibrant commercial center includes well-established businesses such as Little Caesar's, Subway, Cricket Wireless, and Spec's Liquor, creating a synergistic and attractive environment for potential tenants. The total building size is 9,600 square feet, with 2,100 square feet currently available for lease. This presents a fantastic opportunity for a restaurant operator seeking a well-located, established space in a high-traffic area of Corpus Christi.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 9,600 SF
Lot 1.99 ac (86,467 SF)
Zoning code B-3
APN 3720-0000-0060
UPID US82-8088862

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm Crypto Atm
  • Take-out & Catering
  • Restaurant
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Restaurant

Location

10529 Padre Is Dr Corpus Christi, TX 78418-3443
Corpus Christi metro Census 3002 CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

B-3 · Corpus Christi, TX

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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