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Property profile & analytics
OFF-MARKET
Strip malls

14813 Padre Is Dr Corpus Christi, TX 78418-6224

2,223 SF 0.22 ac lot Built 1994
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0386352
Property summary
AI-generated overview

This Corpus Christi retail property, located at 14813 S Padre Island Dr, offers 2,233 square feet of space across two units currently occupied by a hair salon and a laundromat. Both tenants are on month-to-month leases, presenting a unique opportunity for renegotiation. The property sits on a 9,450 square foot lot with 76 feet of frontage on S. Padre Island Drive, providing excellent visibility. Built in 1994, this single-story building is zoned for commercial use and offers significant potential for future development or continued rental income. Its strategic location near Whitecap NPI, a luxury master-planned community, and across the highway from the Lake Padre Marina Development ensures high traffic and visibility. The asking price is $599,900, translating to $268.65 per square foot. This property presents a compelling investment opportunity in a rapidly growing area of Corpus Christi, Texas. The property's dimensions are 76 feet of frontage by 125 feet deep. The sale is offered as-is by the owner.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1994
Total area 2,223 SF
Lot 0.22 ac (9,453 SF)
Zoning code B2A
APN 3730-0042-0140
UPID US82-0386352
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
  • Salty K Laundry (Bike/Boat/Book/etc) Store
  • Michelle's Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jerad Watson · 4 yrs held
Jerad Watson
since 2021
6 recorded transactions
2021
Price N/A
2016
Price N/A
2009
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B2A · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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