3801 Saratoga BlvdCorpus Christi, TX 78415

Property Details for 3801 Saratoga Blvd

Year built

2006

Lot size

1.41 AC

Property size (Sq ft)

14,515 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

7732-0007-0070

APU

773200070070

Description

Santa Fe Plaza, located at 3801 Saratoga Blvd in Corpus Christi, Texas (78415), offers exceptional retail space in a thriving commercial area. This multi-tenant property boasts a total of 14,000 square feet, with a minimum divisible space of 735 square feet, making it ideal for a variety of businesses. Currently occupied by Little Caesars, EC iPhone Repairs, K Nails, and PHD Hair Salon, this center benefits from a high daily traffic count of approximately 33,500 vehicles on Saratoga Boulevard. The property's prime location at the intersection of Saratoga Boulevard and Jefferson Street provides excellent visibility and accessibility. Further enhancing its appeal, pylon signage opportunities are available for increased brand awareness. A significant advantage is the proximity to a newly constructed 300-unit apartment complex (Azali Heights), located directly across the street on Saratoga Boulevard, with over 90% occupancy. This provides a substantial and readily available customer base. Adding to the area's growth, the new Mary Carroll High School is conveniently located just half a mile west of the shopping center. This vibrant location offers a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly developing area of Nueces County.

• CAP approach

  CAP return

  Valuation

  6%

  $2,932,146

  6.5%

  $2,706,596

  7%

  $2,513,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,154,151

  Geo Method

  $8,313,036

• Alternative Use

  Use

  Valuation

  Residential

  $2,283,115

  Hospitality

  $2,091,321

  Educational

  $1,739,955

  Medical

  $1,799,794

  Retail

  $2,706,596

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.7006

Longitude

-97.4159

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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