10329 Padre Island DrCorpus Christi, TX 78418

Property Details for 10329 Padre Island Dr

Year built

1988

Lot size

0.46 AC

Property size (Sq ft)

2,591 SF

Zone code

B-3

Property type

Turn key restaurants

APN

4105-0060-0010

APU

410500600010

Description

This exceptional 0.72-acre commercial property, located at 10329 South Padre Island Dr in Corpus Christi, Texas, presents a remarkable opportunity for quick-service restaurant (QSR) development. The site boasts a 2,591 square foot building, currently vacant, offering immediate occupancy for a single tenant. Its strategic location at a highly trafficked intersection provides unparalleled visibility and convenient access for customers. The property's proximity to a H-E-B Plus! and other national fast-food chains ensures high foot traffic and brand synergy. Ample parking is available with 46 spaces provided. The property is classified as Retail and Land, with a Mixed Use subtype, situated in Nueces County, Texas, zip code 78418. This freestanding pad site offers a unique chance to establish a thriving business in a vibrant and growing area. The property's size and location make it ideal for a variety of QSR concepts. The existing building provides a solid foundation for immediate development, minimizing upfront construction costs and accelerating time to market. Don't miss this opportunity to secure a prime location in a high-demand market.

• CAP approach

  CAP return

  Valuation

  6%

  $816,907

  6.5%

  $754,068

  7%

  $700,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $839,495

  Geo Method

  $1,483,918

• Alternative Use

  Use

  Valuation

  Residential

  $636,084

  Hospitality

  $582,650

  Educational

  $484,758

  Medical

  $501,429

  Retail

  $754,068

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.6685

Longitude

-97.2838

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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