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Property profile & analytics
OFF-MARKET
Commercial real estate

9310 Padre Island Dr Corpus Christi, TX 78418

3.13 ac lot
Individually Owned 9-yr Hold
Property ID
US83-3815870
Property summary
AI-generated overview

This exceptional 3.13-acre commercial lot is situated on South Padre Island Drive, offering breathtaking panoramic views of Oso Bay. Its prime location at the gateway to Padre and Mustang Islands presents a unique opportunity for developers seeking a high-visibility site. The property is zoned CG-1, allowing for a variety of commercial uses, making it ideal for a restaurant, retail establishment, or hotel. Its proximity to Texas A&M University-Corpus Christi and the Naval Air Station ensures a substantial and diverse potential customer base. The expansive lot size provides ample space for large-scale development, while the stunning waterfront location adds significant value and appeal. This is a rare opportunity to acquire a highly desirable commercial property in a thriving coastal community. The property's location on South Padre Island Drive guarantees high traffic volume and excellent visibility, maximizing potential for business success. Serious inquiries are encouraged to explore the possibilities of this exceptional waterfront land. The lot's size and zoning provide flexibility for a wide range of development projects, catering to diverse commercial needs. This is a truly remarkable opportunity to invest in a prime piece of Corpus Christi real estate.

Property profile
Verified
Property type Commercial real estate
Lot 3.13 ac (136,343 SF)
UPID US83-3815870
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Morteza Shafinury · 9 yrs held
Morteza Shafinury
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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