1112 Morgan Ave 1124 Corpus Christi, TX 78404-3243
This exceptional 9,424 square foot retail property, located at 1112 Morgan Ave in Corpus Christi, Texas, presents a unique investment opportunity. Situated on a 0.17-acre lot in the CG-2 zoning district of Nueces County, this multi-tenant storefront boasts a thriving tenant mix. Currently occupied by a coffee shop and a wellness center, the property also benefits from consistent Airbnb activity on the second floor, indicating strong local demand and foot traffic. Its prime location offers easy access to downtown Corpus Christi and is conveniently situated just 0.06 miles from CHRISTUS Spohn Hospital Corpus Christi - Shoreline, ensuring high visibility and a steady stream of potential customers. The property's address is 1112 Morgan Ave, Corpus Christi, TX 78404. This is an ideal opportunity for investors seeking a well-established retail space with a proven track record of success in a high-demand area. The property's size and zoning allow for a variety of retail uses, making it a versatile and attractive investment. The existing tenant mix provides a stable income stream, while the potential for further development and expansion offers significant upside. This property is ready for immediate occupancy and presents a compelling opportunity to capitalize on the vibrant Corpus Christi market.
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The Coffee Mugg Cafe & Coffee Shop
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-5 · Corpus Christi, TXCosts & 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.