5329 Burton Ln Corpus Christi, TX 78411
This exceptional property, located at 5329 Burton Ln, Corpus Christi, TX 78411, presents a unique investment opportunity. The 3,258 square foot facility, built in 1970, sits on a 9,793 square foot lot and consists of two buildings. Building #1, the main sanctuary, boasts a grand circular entry, colonial double doors, a large open worship auditorium with a raised platform stage, pastor's office, two restrooms, a technology and production booth, and professional lighting. Building #2 is a fellowship banquet hall featuring a large gathering space, a kitchen equipped with a commercial stove and ample cabinetry, a pastor's office, a conference room, and two restrooms. The property also includes a detached storage shed and a 17-car parking lot with additional parking in front. Its prime location offers easy access to a major freeway and is nestled within a strong residential community, steps from a busy main street. This turnkey property is ideal for a variety of uses, including a church, wedding venue, daycare, non-profit organization, community center, gym, school, or sports center. The asking price is $289,000, representing a price per square foot of $88.70. This is a rare opportunity to acquire a well-maintained, multi-use facility in a desirable location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.