2009 Flour Bluff DrCorpus Christi, TX 78418

Property Details for 2009 Flour Bluff Dr

Year built

1971

Lot size

0.26 AC

Property size (Sq ft)

1,858 SF

Property type

Office buildings

APN

2127-0019-0370

APU

212700190370

Description

This exceptional commercial property, located at 2009 Flour Bluff Drive in Corpus Christi, Texas, presents a unique investment opportunity. The property consists of a 2,626 square foot traditional office building situated on a 0.6-acre lot, offering ample space for expansion or future development. Built in 1971, the Class C building is currently vacant, providing immediate occupancy for a new owner. The building features approximately 1900 square feet of office space, complete with existing office furniture included in the sale price. Additional amenities include a fully functional kitchen, two full bathrooms, a two-car garage, a dedicated storage room, and a separate guest house located at the rear of the main building. The property's zoning is commercial, allowing for a variety of uses. Its strategic location between Corpus Christi, Naval Air Station Corpus Christi, and Padre Island ensures high visibility and convenient access to major transportation routes and a diverse workforce. The asking price for this turnkey opportunity is $445,000. The property consists of two buildings on the 0.6-acre lot. This is an excellent chance to acquire a well-maintained commercial property with significant potential in a thriving Texas market. The property is ready for immediate occupancy and offers a blend of existing infrastructure and expansion possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $398,505

  6.5%

  $367,850

  7%

  $341,575

• Comparable approach

  Method

  Valuation

  Relative Method

  $238,889

  Geo Method

  $422,268

• Alternative Use

  Use

  Valuation

  Residential

  $456,135

  Hospitality

  $417,817

  Educational

  $347,619

  Medical

  $359,574

  Retail

  $540,740

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.6609

Longitude

-97.3054

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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