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Property profile & analytics
OFF-MARKET
Turn key restaurants

5506 Saratoga Blvd B Corpus Christi, TX 78413-2944

2,374 SF 0.28 ac lot Built 1974
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US82-0188138
Property summary
AI-generated overview

This 2,374 sq ft single-tenant retail building, situated on an 11,979 sq ft lot at the busy Saratoga & Staples intersection in Corpus Christi, Texas, presents a unique investment opportunity. Built in 1974, the one-story structure is zoned CG-2 and boasts excellent visibility due to its location within a thriving commercial area surrounded by restaurants, shopping, medical facilities, and residential neighborhoods. The property features a fully equipped kitchen, including two walk-in freezers and two 500-gallon underground grease pits, making it ideal for a food-service business. Two restrooms and an outdoor patio add to its appeal. A recently resurfaced roof (2021 warranty) ensures low maintenance costs. Previous uses include a restaurant and bar & grill, demonstrating its versatility. Potential uses are diverse, including daycare, bakery, medical facility, cooking classes, or a franchise location. The property is available for both lease and sale. This prime location offers immediate visibility with existing street signage and high traffic counts, making it an exceptional investment in a rapidly growing area of Nueces County, zip code 78413.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 2,374 SF
Lot 0.28 ac (11,979 SF)
Zoning code B-4
APN 1843-0300-0076
UPID US82-0188138
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
  • Thai Restaurant Restaurant
  • Corpus Junk N Dump Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chanyaman,paanpennee · 16 yrs held
Chanyaman,paanpennee
since 2010
5 recorded transactions
2019
Price N/A
2010
Price N/A
2010
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
B-4 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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