4901 Padre BlvdSouth Padre Island, TX 78597

Property Details for 4901 Padre Blvd

Year built

1992

Lot size

0.22 AC

Property size (Sq ft)

2,250 SF

Zone code

C

Property type

Commercial real estate

APN

67-6400-1510-0080-00

APU

6764001510008000

Description

This exceptional 2,250 square-foot office building, situated on a highly visible corner at the intersection of Capricorn and Padre Boulevard in South Padre Island, Texas, presents a compelling investment opportunity. Constructed in 1992, the freestanding building boasts a prominent lighted sign ensuring maximum visibility and brand recognition. Currently configured as an office and counseling center, the property is occupied by a tenant under a triple-net (NNN) lease extending until March 2025, providing immediate and consistent cash flow for investors. The ample parking caters to both clients and staff, enhancing the property's overall appeal. Located in the heart of South Padre Island's bustling commercial district, this property benefits from its prime position on a major thoroughfare, ensuring high traffic volume and exposure. The flexible interior space allows for diverse uses, making it suitable for a variety of businesses. The asking price is $799,000. This property is ideal for investors seeking a stable income stream or owner-occupants looking for a high-profile location in a thriving market. The property's address is 4901 Padre Blvd., South Padre Island, TX 78597.

• Alternative Use

  Use

  Valuation

  Residential

  $510,426

  Hospitality

  $467,548

  Educational

  $388,994

  Medical

  $402,372

  Retail

  $605,102

Location Insight

City

South Padre Island

County

Cameron

State

Texas

Latitude

26.1215

Longitude

-97.1706

CBSA code

15180

CBSA name

BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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