4861 Saratoga Blvd Corpus Christi, TX 78413-2213
Property profile & analytics
4861 Saratoga Blvd Corpus Christi, TX 78413-2213
- Turn key restaurants
- 2,262 SF
- 1.08 lot acres
Property ID
US82-2863624
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.
Location Intelligence
Current Use by Public Records
- Papi Chulo's Mexican Restaurant / Restaurant
Property Details for 4861 Saratoga Blvd
- Year built
- 1980
- Lot size
- 1.08 lot acres
- Property size
- 2,262 SF
- Zone code
- B-4
- Property type
- Turn key restaurants
- APN
- 1863-0003-0090
- APU
- 186300030090
Description
This exceptional Corpus Christi, Texas investment opportunity encompasses a thriving 19,700 square foot shopping center with a 94% occupancy rate, strategically located at 4861 Saratoga Blvd, 78413. The property features nine cash-flowing retail spaces, offering a diverse tenant mix and serving the growing south side community. Ample parking accommodates up to 77 vehicles, ensuring convenient access for shoppers and patrons. The center's strong performance history and high occupancy project consistent returns. Included in the sale is a freestanding restaurant exceeding 2,200 square feet, boasting high traffic and a convenient drive-through. This established eatery adds significant value to the overall investment. Further enhancing the property's potential is a half-acre unimproved lot situated behind the restaurant, presenting a prime opportunity for future development, such as self-storage, additional retail space, or office buildings. The property is offered at $4,200,000, representing a compelling $213.20 per square foot price and a 5.00% capitalization rate. This multi-tenant retail property presents a rare opportunity to acquire a well-established, high-performing asset with significant upside potential in a desirable location. The property's corner location and high traffic count contribute to its strong performance and future growth prospects. This is a turnkey investment ready to generate immediate income and long-term appreciation.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.3973
- Latitude
- 27.6914
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, 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
$15,745
$470,440
$273,145
$743,585
-
$470,440
$273,145
$743,585
