$395,000
1124 Ayers Street, Corpus Christi, TX, 78404
On Market
Commercial
Highlights
Interior
Exterior
Lot Size3,006 sqft
Building Information
Year Built1955
Roof Type172
Land Information
APN2451-0903-0640
Lot Number62-64
SubdivisionFitchue Place
Land UseCommercial
Legal DescriptionFITCHUE PL W40' OF LTS 62 THRU 64 BK 903
Census Tract001202
Assessed Land Value$27,750
Assessed Improvement Value$274,585
Assessment Year2025
About this property
Prime commercial property opportunity in a high traffic location near 6 Point St. downtown. The former Nuevo Café building is now available for sale and offers a blank leet ready for your vision deal for a restaurant, cafe, bar, retail or office opportunity. Excellent visibility. 2 adjacent lots are included with the building for convenient parking across the street.
Investor Tools
$0Estimated Mortgage Balance
$302,335Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,575
$302,335
2025
$27,750
$274,585
$302,335
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,575
$302,335
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,335
100%
0%
$0/mo
