Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    310 Padre Blvd South Padre Island, TX 78597-6501
    Back to Search
    Property profile & analytics

    310 Padre Blvd, South Padre Island, TX 78597-6501

    View on Map
    • Commercial real estate
    • 19,797 SF
    • 7.72 lot acres
    Off-Market
    Last Sale Feb 26, 2026
    Property ID
    US82-1391540
    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.
    Value Estimations
    $2,745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 310 Padre Blvd

    Year built
    1985
    Lot size
    7.72 lot acres
    Zone code
    D
    Property type
    Commercial real estate
    APN
    67-6824-0010-0010-00
    APU
    6768240010001000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 26, 2026 — Valrenmar LLC Gary Curtis Deed $175k · International Bank Of Commerce
    Jul 2, 2009 — Steven J Buhr Sapphire Vp LP Venders Lien $384k · Amegy Mortgage Company LLC
    Apr 2, 2009 — Billie J Mccallum Sapphire Vp LP Venders Lien $155k · Amegy Bank NA
    Nov 30, 2005 — Sapphire Vp LP Sspibr Ltd Special Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,340,000
      6.5%
      $3,085,000
      7%
      $2,865,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Padre Island
    County
    Cameron
    State
    Texas
    Longitude
    -97.1615
    Latitude
    26.0828
    CBSA code
    15180
    CBSA name
    BROWNSVILLE-HARLINGEN, 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
    $30
    $7,727,230
    $26,797,060
    $34,524,290
    -
    $7,727,230
    $26,797,060
    $34,524,290

    Comparable in this City

    • Value Estimation by Request
      1.86 Acres

      Padre Blvd

      COMMERCIAL (GENERAL)
      Padre Blvd, South Padre Island, TX 78597
      View Details
    • Value Estimation by Request

      320 Padre Blvd

      Land
      320 Padre Blvd, South Padre Island, TX 78597
      View Details
    • Value Estimation by Request
      900 SF

      Padre Gulf

      COMMERCIAL (GENERAL)
      Padre Gulf, South Padre Island, TX 78597
      View Details
    • Value Estimation by Request
      524 SF

      5009 Padre Blvd Ste, Unit 2

      COMMERCIAL (GENERAL)
      5009 Padre Blvd Ste, South Padre Island, TX 78597-7400
      View Details
    • Value Estimation by Request
      2,813 SF

      Bayview Ave

      COMMERCIAL (GENERAL)
      Bayview Ave, South Padre Island, TX 78597
      View Details
    • Value Estimation
      $1,255,000
      8,528 SF

      2612 Gulf Blvd

      COMMERCIAL (GENERAL)
      2612 Gulf Blvd, South Padre Island, TX 78597-6940
      View Details

    Similar Nearby for Sale

    • $1,540,000
      3,797 SF

      Modern Duplex Near South Beach

      South Padre Island duplex near beach, shops, and restaurants.
      116A E Dolphin St, South Padre Island, TX 78597
      View Details
    • $655,000
      Pending

      Bayfront Lot on South Padre

      Residential lot for sale on South Padre Island, Texas.
      W Cora Lee Dr, South Padre Island, TX 78597
      View Details
    • $300,000
      0.14 Acres

      Bayside Lot on South Padre

      Interior lot near bay, beach, restaurants, shopping, entertainment.
      203 W Retama St, South Padre Island, TX 78597
      View Details
    • $325,000
      0.11 Acres

      South Padre Island Versatile Lot

      Prime South Padre Island land for residential or commercial development.
      105 E Kingfish St, South Padre Island, TX 78597
      View Details
    • $699,000
      0.57 Acres

      Prime Commercial Lots on Padre

      Three commercial lots on Padre Blvd, suitable for mixed use.
      4909 6, South Padre Island, TX 78597
      View Details
    • $445,000
      0.13 Acres

      Bay-Frontage Land Opportunity in Texas

      Rare 0.127-acre waterfront lot with views in South Padre Island.
      401 Shore Dr, South Padre Island, TX 78597
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,000 SF

      Prime Commercial Space on Padre

      High-visibility commercial space in the heart of South Padre Island.
      1817 N Padre Blvd, South Padre Island, TX 78597
      View Details
    • $400 /Mo
      125 SF

      South Padre Island Office Space

      Office space for rent in South Padre Island, TX.
      3311 W Padre Blvd, South Padre Island, TX 78597
      View Details
    • $800 /Mo
      750 SF

      South Padre Island Office Space

      Second floor office space available for lease in South Padre.
      5800 Padre Blvd, South Padre Island, TX 78597
      View Details
    • Contact for pricing

      Prime Commercial Space on Padre Blvd

      High-visibility commercial space for lease on South Padre Island.
      1817 Padre Blvd, South Padre Island, TX 78597
      View Details
    • $8,000 /Mo
      3,360 SF

      South Padre Island Commercial Building

      Commercial building with multiple offices, conference rooms, and parking.
      4405 Padre Blvd, South Padre Island, TX 78597
      View Details
    • $6,853 /Mo
      5,482 SF

      South Padre Island Commercial Space

      Restaurant space with outdoor dining on main commercial strip.
      4001 Padre Blvd, South Padre Island, TX 78597
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    310 Padre Blvd
    South Padre Island, TX 78597-6501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    310 Padre Blvd, South Padre Island, TX, 78597
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!