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Property profile & analytics
OFF-MARKET Estimated value $510,000
Turn key restaurants

4201 Padre Is Dr 4221 Corpus Christi, TX 78411-4405

6,717 SF 2.66 ac lot Built 1995
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US82-4795972
Property summary
AI-generated overview

This exceptional 7,249 square foot restaurant property is situated on a 1.3-acre lot at 4201 S Padre Island Dr, Corpus Christi, Texas, 78411. Located in Nueces County, this commercially zoned property boasts prime visibility and accessibility from the heavily trafficked SPID Freeway, placing it within Corpus Christi's premier retail corridor. The site benefits from its strategic location just north of La Palmera Mall, ensuring high foot traffic and exposure to a dense, thriving trade area known for strong restaurant sales. The substantial lot size offers ample space for outdoor seating or potential expansion. This turnkey restaurant opportunity presents a unique chance to establish or relocate a successful culinary venture in a high-demand location. The property's size and location make it ideal for a variety of restaurant concepts, capitalizing on the area's robust consumer base and convenient access for customers. This is a rare opportunity to secure a well-positioned restaurant property in a bustling retail environment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Total area 6,717 SF
Lot 2.66 ac (115,826 SF)
APN 5947-0000-0080
UPID US82-4795972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Playa Mexican Restaurant & Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Frc Retail Cc LLC · 2 yrs held
Frc Retail Cc LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $840,000 +48.4%
Auto repair, garage $805,000 +41.7%
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