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Property profile & analytics

5640 Ayers St Corpus Christi, TX 78415

  • Office buildings
  • 1,166 SF
  • 1.39 lot acres
Value Estimations
Cap Rate Potential
6.7%
Office buildings
Location Intelligence
Property ID
US82-3867192
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.

Current Use by Public Records

  • Ray's Auto Parts / Used Auto Parts Store

Property Details for 5640 Ayers St

Year built
2002
Lot size
1.39 lot acres
Property size
1,166 SF
Zone code
I-2
Property type
Office buildings
APN
0847-0003-0059
APU
84700030059

Description

This exceptional 2,800-square-foot retail building, situated on a 0.39-acre lot in the South Riverside submarket of Lake Elsinore, CA, presents a remarkable lease opportunity. Located at 16899 Lakeshore Drive, this Class B property boasts a prime location at the highly signalized intersection of Lakeshore Drive and River Drive, experiencing a combined daily traffic volume of 46,204 vehicles. The single-story building offers excellent visibility and accessibility with multiple points of ingress and egress, including dedicated curb cuts on Lakeshore Drive and Wisconsin Street. The property features a spacious fenced yard, ideal for additional parking or storage, and includes 8 dedicated parking spaces along Wisconsin Street. This C-1/C-P zoned property (APN 379-212-013) is surrounded by established businesses, including Albertsons, Stater Bros, AutoZone, Family Dollar, Chevron, Arco, KFC, Taco Bell, Del Taco, and Burger Basket, and is less than a mile from the Launch Pointe Recreation Destination & RV Camping Park. The building is currently vacant and offers flexible lease terms. Individual unit sizes are available: Unit A (800 SF, $1,500/month), Unit B (700 SF, $1,350/month), Unit C (650 SF, $1,195/month), and Unit D (650 SF, $1,195/month). The entire 2,800 square foot building is also available for lease at $5,000 per month. This presents a unique opportunity for a business seeking high visibility and strong foot traffic in a rapidly growing market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $295,000
    6.5%
    $275,000
    7%
    $255,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $279,000
    Market price range: $82.3k - $323k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $185,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Corpus Christi
County
Nueces
State
Texas
Longitude
-97.4322
Latitude
27.7262
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
$5,087
$218,826
$20,642
$239,468
-
$218,826
$20,642
$239,468
More about this property
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