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$395,000

1124 Ayers Street, Corpus Christi, TX, 78404

On MarketInfo
CommercialInfo
Baths2,583 Sq Ft
IndustrialIndustrial
price_per_sqft$152.92 / sqft
Year BuiltBuilt in 1955

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

Interested in this property?

Al Perez

CORE Coastal Realty

ContactContact

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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

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Corpus Christi

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