1526 N Padre Island Dr Corpus Christi, TX 78408
Property profile & analytics
1526 N Padre Island Dr Corpus Christi, TX 78408
- Flex space
- 23,490 SF
- 7.91 lot acres
Property ID
US82-4009330
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Oil Patch Petroleum Inc / Gas Station
Property Details for 1526 N Padre Island Dr
- Year built
- 2017
- Lot size
- 7.91 lot acres
- Property size
- 23,490 SF
- Zone code
- I-2
- Property type
- Flex space
- APN
- 4200-0003-0010
- APU
- 420000030010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,050,000
- 6.5%
- $1,890,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,688,000
Market price range: $766k - $1.69M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,140,000 Current use
- AUTO REPAIR, GARAGE
- $2,810,000 Change: +147% Conversion: Easy
- RESTAURANT
- $2,390,000 Change: +110% Conversion: Difficult
- OFFICE BUILDING
- $2,195,000 Change: +93% Conversion: Difficult
- RETAIL STORES
- $1,825,000 Change: +60% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4678
- Latitude
- 27.7873
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,594
$1,120,386
$831,211
$1,951,597
-
$1,120,386
$831,211
$1,951,597
