6181 Saratoga BlvdCorpus Christi, TX 78414

Property Details for 6181 Saratoga Blvd

Year built

2014

Lot size

3.40 AC

Property size (Sq ft)

20,200 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1584-0001-0080

APU

158400010080

Description

Cimarron Crossing Shopping Center, located at 6181 Saratoga Blvd, Corpus Christi, TX 78414, presents a prime retail opportunity. This 20,000 square foot shopping center boasts a highly desirable location, shadow-anchored by a Wal-Mart Super Center. Two spaces are currently available, ranging in size from 1,200 to 1,600 square feet, ideal for a variety of retail or restaurant uses. The property sits on a 3.4-acre lot and benefits from exceptional visibility and accessibility. Its strategic placement within a half-mile radius of Christus Spohn Hospital, a 154-bed facility, and adjacent to other significant medical office buildings and established restaurants, ensures a consistent flow of potential customers. This location offers unparalleled convenience and exposure within a thriving commercial area. The property's proximity to major medical facilities and high-traffic retail anchors makes it an exceptional investment opportunity for businesses seeking a strong foothold in the Corpus Christi market. The combination of high visibility, convenient location, and established surrounding businesses creates a compelling opportunity for growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $4,840,100

  6.5%

  $4,467,790

  7%

  $4,148,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,701,060

  Geo Method

  $4,774,490

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,582,470

  Mixed-Use / Specialty

  $4,504,450

  Hospitality / Lodging

  $3,373,240

  Office

  $4,532,470

  Institutional / Educational

  $4,701,610

  Residential Income

  $5,500,880

  Multifamily

  $6,305,900

  Automotive / Energy

  $4,029,950

  Parking / Income-Based Land

  $1,338,730

  Restaurant / Food Service

  $2,455,040

  Healthcare / Senior Housing

  $4,565,300

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.6784

Longitude

-97.3725

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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