Property profile

2500 Padre Blvd South Padre Island, TX 78597

OFF-MARKET
Commercial real estate
Property ID
US82-0269669
17,211 SF 1.04 ac lot Built 1958
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Total area 17,211 SF
Lot 1.04 ac (45,246 SF)
Zoning code C
APN 67-6400-0420-0010-00
UPID US82-0269669

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery Art Studio
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Specialty Food Shop
  • Coin Operated Laundry Equipment Supplier
  • (Bike/Boat/Book/etc) Store

Location

2500 Padre Blvd South Padre Island, TX 78597-6928
South Padre Island metro Census 12305 BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2005
Price N/A

Zoning & alternative use

C · South Padre Island, TX
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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