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$1,300,000

1169 S Padre Island Dr, Corpus Christi, TX, 78416

On MarketInfo
CommercialInfo
Baths2,500 Sq Ft
OfficeOffice
price_per_sqft$520 / sqft
Year BuiltBuilt in 1995

Exterior

Lot Size11,674 sqft

Land Information

APN1690-0004-0045
Lot Number1,4
SubdivisionColonia Hidalgo
Land UseCommercial
Legal DescriptionCOLONIA HIDALGO E10' OF LT 1 & ALL LT 4 BK 4
Census Tract001702
Assessed Land Value$84,483
Assessed Improvement Value$68,083
Assessment Year2025

About this property

Turnkey operation! This property has a long-established history as a mechanic's garage, but could be well-suited for a variety of other commercial or industrial operations. High-visibility with approximately 231 feet of SPID frontage (per county records) and 0.27 acres. Metal building with large work area or warehouse with 3-oversized bays, interior storage room, two office spaces, and two baths. Large paved and security-fenced parking and storage area. Some equipment and accessories are also negotiable with the sale of the property! Dyno installed, but may need work. Seller may consider OWNER-FINANCING OPTIONS for quaified Buyers. Appointment required for all showings-- Contact your Agent today!

Investor Tools

$0Estimated Mortgage Balance
$152,566Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Coral Dworaczyk

South Coast Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,630
$152,566
2025
$84,483
$68,083
$152,566
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,630
$152,566

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,566
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.

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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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1169 S Padre Island Dr | Property Details | No Agent List