You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Flex space

1526 N Padre Island Dr Corpus Christi, TX 78408

23,490 SF 7.91 ac lot Built 2017
Entity Owned 9-yr Hold Free & Clear
Property ID
US82-4009330
Property summary
AI-generated overview

This exceptional 2.5-acre parcel of land presents a remarkable investment opportunity in the thriving Corpus Christi, Texas market. Located at 1526 N Padre Island Drive, this property boasts a highly desirable hard-corner location with 275 feet of frontage on North Padre Island Drive (NPID), a major thoroughfare. Zoned for Heavy Industrial use, this unimproved land offers unparalleled flexibility for a wide range of commercial and industrial developments. Imagine a retail strip center, a convenient store, a warehouse facility, expansive yard space, or a modern business center – the possibilities are virtually limitless. The asking price is $1,750,000, translating to approximately $16.07 per square foot. Essential utilities, including electricity, water, and sewer, are readily available, simplifying the development process. The legal description is Lantana Industrial Area Lot 1 Block 3, situated in Nueces County, Texas, zip code 78408. This prime location, coupled with its generous size and versatile zoning, makes this property an exceptional investment prospect with significant potential for future growth and profitability. Don't miss this chance to acquire a strategically positioned asset in a dynamic Texas market.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2017
Total area 23,490 SF
Lot 7.91 ac (344,734 SF)
Zoning code I-2
APN 4200-0003-0010
UPID US82-4009330
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
  • Oil Patch Petroleum Inc Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.89M
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.79M
Owner & transaction history
Ash-jen Properties INC · 9 yrs held
Ash-jen Properties INC
since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A
Zoning & alternative use
I-2 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.8M +147.0%
Restaurant $2.4M +110.3%
Office building $2.2M +93.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message