5409 Lipes Blvd Corpus Christi, TX 78413
For Sale
This exceptional 9-acre tract in Corpus Christi, Texas, presents a unique development opportunity. Located at 5409 Lipes Blvd, in Nueces County, zip code 78413 (APN 2476-0006-0060), this property offers convenient access to all areas of the city. Currently zoned RM-1/SP, allowing for up to 28 dwelling units per acre, the land is perfect for a variety of projects, including apartments, townhouses, a retirement community, or an assisted living facility. The seller is willing to facilitate the division and re-platting of the land to meet specific development needs. This L-shaped parcel boasts substantial frontage of approximately 639 feet and a depth of approximately 940 feet, providing ample space for a large-scale development. The asking price for this exceptional property is $2,175,555. This represents a significant opportunity for investors seeking to capitalize on the growing residential market in Corpus Christi. The property's strategic location and flexible zoning make it an attractive investment with high potential for return. Don't miss this chance to acquire a prime piece of land in a thriving Texas city.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.