2701 Greenwood DrCorpus Christi, TX 78405

Property Details for 2701 Greenwood Dr

Year built

1998

Lot size

0.94 AC

Property size (Sq ft)

2,546 SF

Zone code

B-4

Property type

Commercial real estate

APN

1487-0002-0010

APU

148700020010

Description

This exceptional 40,942 square foot commercial land parcel is located at 2701 Greenwood Drive in Corpus Christi, Texas, zip code 78405, Nueces County. Zoned CG-2, this property presents a significant development opportunity. The asking price is $327,500, translating to a land value of $8 per square foot. Favorable traffic counts and high visibility, coupled with a strong number of households within a three-mile radius, make this an attractive investment. A concept plan is available illustrating potential development scenarios. Note that the property currently includes a 7,400 square foot GSA communication tower. While previous ownership received accelerated rent from the GSA in exchange for an indefinite lease, the new owner will not receive these monthly payments. This presents a unique opportunity to redevelop the site according to the buyer's vision, unburdened by existing lease agreements with the government. The property's strategic location and substantial size offer considerable potential for a variety of commercial ventures. Detailed information and the concept plan are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $400,469

  Hospitality

  $366,828

  Educational

  $305,196

  Medical

  $315,692

  Retail

  $474,750

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.7744

Longitude

-97.4227

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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