2222 N Padre Island Dr Corpus Christi, TX 78408
For Sale
1.5 ACRES +/- of land right at the intersection of 2 major highways, NPID and I-37. Currently zoned residential, the City has said it has great potential to be a blank slate, RE-ZONED Commercial (C-G) which gives many possible uses, including: Self-storage, gas station/convenience store, Office Building, Vehicle Sales, Townhomes, Daycare Home, Park Space, Church, etc. The property was a homestead, and the main house would need pretty significant repairs or removal, but there are outbuildings and infrastructure that could prove useful to your business. With water supply lines, natural gas lines, septic, and electrical connections already running into the property, building on the land will be a breeze. A detached garage offers a large cement slab and storage, while a network of sidewalks connects the improvements (buildings). Three sheds provide additional storage. The newer guest house could be used as an office or living quarters during or after construction of a new Commercial building, and the outdoor covered pavilion could stay or go. And still plenty of open yard space for parking, lay-down, storage, etc. Businesses needing high visibility and traffic count, and businesses nearby needing extra space can benefit from this rare opportunity at a major highway intersection.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.