1526 N Padre Island Dr Corpus Christi, TX 78408
For Sale
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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.
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Oil Patch Petroleum Inc Gas Station
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
I-2 · Corpus Christi, TXCorpus Christi. Always verify with local authorities before improvements.
Costs & 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.