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Property profile

1620 S Padre Island Dr Corpus Christi, TX 78416

FOR LEASE
Strip malls
Property ID
US82-0106619
91,015 SF 9.53 ac lot Built 2000
Last sale May 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Corpus Christi property, located at 1620 S Padre Island Dr (near S Padre Island Dr), offers a diverse range of retail and restaurant spaces within a 101,161 square foot shopping center built in 1999. Currently, there are 15,934 square feet of vacant space available, divisible into units as small as 1,360 square feet, with a maximum contiguous space of 5,000 square feet. The center boasts a strong tenant mix including WellMed, Dollar Tree, Domino's Pizza, Ocean Dental, Cricket…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$285k
Tax billed · 2023
Assessed value · 2024$12.00M
Assessed land$1.24M
Assessed improvement$10.76M
Effective rate2.37%

Value estimate

· Oct 2026
$3.45M
$3.10M – $3.79M
NOI build-up
Gross scheduled income$1.71M
Vacancy & credit loss−$68k
Operating expenses−$492k
NOI · 6,759,529.41% cap applied$1.15M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6,759,529.41%
$1.15M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-4
JurisdictionNUECES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.2
Realty agency22.1
Dental Office16.2

Location

1620 S Padre Island Dr Corpus Christi, TX 78416
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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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
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