9512 S Padre Island Dr Corpus Christi, TX 78418
Property Lookup
Property profile & analytics
9512 S Padre Island Dr Corpus Christi, TX 78418
- Strip malls
- 4,200 SF
- 0.43 lot acres
Property ID
US82-3525924
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.
Location Intelligence
Current Use by Public Records
- Corpus'a Christi'l Garage'r Door't Pros'u / Physician
- Transform Training / Gym & Fitness Center
- Island Architects / Architect
Property Details for 9512 S Padre Island Dr
- Year built
- 2016
- Lot size
- 0.43 lot acres
- Property size
- 4,200 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 8934-0001-0011
- APU
- 893400010011
Description
This Corpus Christi, Texas property, located at 9512 S Padre Island Dr, offers 4,000 square feet of space in a single-story, 2016-built building (renovated in 2022) on a 18,824 sq ft lot. The building is zoned B-3 and features 19 parking spaces. Currently, one of the four units is occupied under a 5-year NNN lease (commencing August 27, 2019) with a 3% annual rent bump. The asking price is $799,000 ($199.75/sq ft), representing a value-add opportunity with a 25% occupancy rate (full occupancy projected by October 21, 2024). The property boasts 143 feet of frontage on high-traffic South Padre Island Drive, providing excellent visibility. This location benefits from a strong retail market with low vacancy rates (3.2%) and steady rent growth. The Flour Bluff/Padre Island submarket shows positive absorption of retail spaces and significant recent sales volume. Corpus Christi's robust economy, driven by the Port of Corpus Christi and various industries, further enhances the investment potential. The property's net rentable area is 3,000 square feet. The property is a fee simple ownership with no ground lease. The lease type is NNN, and there is no tenant credit rating available.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.2985
- Latitude
- 27.6761
- 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
$12,879
$101,650
$555,297
$656,947
-
$101,650
$555,297
$656,947
