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$699,000

9818 S Padre Island Drive, Corpus Christi, TX, 78418

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,796 Sq Ft
WarehouseWarehouse
price_per_sqft$184.14 / sqft
Year BuiltBuilt in 1988

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size21,432 sqft

Building Information

Year Built1988
Roof Type172

Land Information

APN2540-0015-0480
Lot Number48-50
SubdivisionFlour Bluff Park
Land UseCommercial
Legal DescriptionFLOUR BLUFF PARK BLK 15 LTS W/2 OF LTS 48, 49, 50 & A
Census Tract003004
Assessed Land Value$133,875
Assessed Improvement Value$399,870
Assessment Year2025

About this property

Positioned on a high-visibility corner along a major thoroughfare, this versatile commercial property offers an exceptional opportunity for investors or owner-users seeking strong exposure and flexible functionality. Previously operated as an automotive sales and service site, the property is well-equipped to support a variety of business ventures including retail, automotive, marine, service-based operations, or redevelopment. The property features a prominent covered drive-through canopy, ideal for vehicle display, service intake, or customer drop-off, creating a professional and highly functional first impression. The main building offers a welcoming office/showroom space with large front-facing windows that allow for abundant natural light and excellent visibility to passing traffic. Inside, the space includes an open reception area, private office potential, and ample room for client interaction or retail use. Behind the main showroom, multiple service bays with roll-up doors provide excellent utility for automotive work, storage, or workshop needs. The expansive concrete yard offers additional room for equipment storage, fleet parking, or future expansion. A secure fenced area at the rear of the property enhances functionality and allows for controlled access and storage. Situated near NAS-CC with convenient ingress and egress, this location benefits from steady traffic counts and excellent accessibility. The surrounding area includes a mix of residential neighborhoods, commercial businesses, and nearby coastal access, making it an ideal hub for businesses. With its combination of prime location, existing infrastructure, and adaptable layout, this property presents a rare opportunity to establish or expand your business in a growing and dynamic area. Schedule a showing today!

Investor Tools

$0Estimated Mortgage Balance
$533,745Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,566
$533,745
2025
$133,875
$399,870
$533,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,566
$533,745

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$533,745
100%
0%
$0/mo

City: Corpus Christi

9818 S Padre Island Drive | Property Details | No Agent List