3114 Holly RdCorpus Christi, TX 78415

Property Details for 3114 Holly Rd

Lot size

1.00 AC

Property size (Sq ft)

11,063 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

9127-0012-0042

APU

912700120042

Description

Casa Real Shopping Center presents a unique investment opportunity in Corpus Christi, Texas. This newly constructed Class A property, completed in 2023, boasts 7,200 square feet of versatile space across two single-story buildings. The center is strategically located at a high-traffic, signalized intersection on Holly Rd near the Southside of Corpus Christi, ensuring excellent visibility and accessibility. The property features six suites in total, with a minimum divisible space of 1,200 square feet, and two spaces currently available ranging from 1,000 to 2,000 square feet. The flexible design caters to a variety of businesses, including traditional office and medical office uses, as well as retail tenants. Each suite benefits from a generous 12-foot ceiling height. Ample parking is provided to accommodate tenants and their customers. The property's multi-tenant structure offers diversification, making it an attractive option for investors seeking a stable and robust income stream. Located in Nueces County, Texas, with a Corpus Christi address of 3114 Holly Rd, zip code 78415, this property offers a prime location for businesses seeking to establish a presence in a thriving market. The property is easily accessible via Kostoryz cross street.

• CAP approach

  CAP return

  Valuation

  6%

  $1,721,360

  6.5%

  $1,588,950

  7%

  $1,475,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $992,136

  Geo Method

  $2,614,860

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,078,470

  Mixed-Use / Specialty

  $1,591,430

  Hospitality / Lodging

  $1,178,180

  Office

  $1,590,450

  Institutional / Educational

  $1,657,350

  Residential Income

  $1,939,100

  Multifamily

  $2,280,530

  Automotive / Energy

  $1,420,590

  Parking / Income-Based Land

  $482,185

  Restaurant / Food Service

  $845,084

  Healthcare / Senior Housing

  $1,623,630

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.7206

Longitude

-97.4202

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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