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Property profile & analytics
OFF-MARKET
Flex space

838 Padre Is Dr Corpus Christi, TX 78416-2539

10,200 SF 0.92 ac lot Built 1979
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US82-3352833
Property summary
AI-generated overview

This exceptional Corpus Christi investment opportunity presents a 10,200 square foot industrial warehouse complex situated on a substantial 39,988 square foot lot at 838 S Padre Island Dr, 78416. The property features two buildings constructed in 1979 and zoned for Light Industrial use. The main building offers approximately 50 feet of width and 60 feet of depth, including a 1,500 square foot office space with 18-foot peak height and a rear overhead door for convenient warehouse access. The second building boasts dimensions of approximately 150 feet wide and 40 feet deep, comprised of multiple bays averaging 23 feet by 40 feet. Both buildings are served by ample concrete paved areas and are fully fenced for enhanced security. The property benefits from approximately 100 feet of frontage on S Padre Island Dr, providing excellent visibility and accessibility. The minimum divisible space is 1,200 square feet, making it suitable for a variety of tenants or a single user. This versatile property is ideal for investors seeking a strong return in a thriving Texas market. The property is currently configured for multiple tenants.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 10,200 SF
Lot 0.92 ac (39,988 SF)
Zoning code I-2
APN 2668-0001-0090
UPID US82-3352833
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sola Fide Ventures LLC · 3 yrs held
Sola Fide Ventures LLC
since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A
Zoning & alternative use
I-2 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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