14725 Compass StCorpus Christi, TX 78418

Property Details for 14725 Compass St

Year built

2017

Lot size

0.44 AC

Property size (Sq ft)

3,320 SF

Zone code

AT

Property type

Medical offices

Property subtype

Medical centers

APN

3730-0041-0070

APU

373000410070

Description

This exceptional Class A medical office building, constructed in 2017, presents a unique investment opportunity in the thriving Corpus Christi, Texas market. Located at 14725 Compass St, in Nueces County, zip code 78418, this single-story, 3,320-square-foot building sits on a spacious 19,337-square-foot lot and is zoned for commercial use. The property boasts a well-maintained interior featuring eight exam rooms, two private offices with en-suite bathrooms, a comfortable waiting area with public restrooms, a fully equipped kitchen, a dedicated lab draw area, ample medical storage, and a large central nursing station. The building also offers approximately 26 parking spaces for staff and patients. This turnkey facility is ideal for a variety of medical practices. The property is available for purchase with or without the current tenant, CHRISTUS Health, in place. Detailed information regarding the existing lease is available upon request. This is a rare opportunity to acquire a high-quality, well-located medical office building in a rapidly growing area of Corpus Christi. The asking price is $1,400,000.

• CAP approach

  CAP return

  Valuation

  6%

  $712,075

  6.5%

  $657,300

  7%

  $610,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $426,863

  Geo Method

  $754,536

• Alternative Use

  Use

  Valuation

  Residential

  $815,052

  Hospitality

  $746,583

  Educational

  $621,149

  Medical

  $642,511

  Retail

  $966,231

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.6154

Longitude

-97.2233

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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