15217 Padre Island DrCorpus Christi, TX 78418

  • Office properties
  • 600 SF
For Sale
$275,000 View listing

Property Details for 15217 Padre Island Dr

Year built
2004
Lot size
0.47 AC
Property size (Sq ft)
600 SF
Property type
Office properties
Property subtype
Office buildings
APN
6129-0191-0134
APU
612901910134

Description

This exceptional 1,002-square-foot executive office condo is ideally located in Corpus Christi, Texas, at 15217 S Padre Island Dr, Suite 212. Built in 2004, this single-story, commercially zoned property offers a modern and spacious layout perfect for a variety of businesses. The suite features a dedicated conference room and a fully ADA-compliant bathroom, ensuring accessibility and functionality. Benefit from high visibility with prominent signage opportunities on both the building and the plaza's marquee, maximizing your business's exposure. This vacant property presents a unique opportunity in a high-demand area with limited available office space. The building boasts a diverse and established tenant community, including reputable businesses such as Padre Island Cigar Company, Islands Edge Hair Salon, Corpus Christi Vacation Rentals, and Star Advantage Insurance Agency. The asking price is $275,000, translating to $274.45 per square foot. This is a turnkey solution for businesses seeking a prestigious address and enhanced visibility in a thriving commercial area. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $128,688
    6.5%
    $118,789
    7%
    $110,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $77,144
    Geo Method
    $136,362
  • Alternative Use

    Use
    Valuation
    Residential
    $147,299
    Hospitality
    $134,925
    Educational
    $112,256
    Medical
    $116,116
    Retail
    $174,620
15217 Padre Island Dr, Corpus Christi, Texas

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.6029
Longitude
-97.2232
CBSA code
18580
CBSA name
CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,108
$32,170
$74,811
$106,981
-
$32,170
$74,811
$106,981

FAQs

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