5640 Ayers St Corpus Christi, TX 78415
- Office buildings
- 1,166 SF
- 1.39 lot acres
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
-
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