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$315,000

Lots 9B, 10B, 11B Palmira Avenue, Corpus Christi, TX, 78418

On MarketInfo

About this property

*** Owner Financing Available *** Newly listed commercial opportunity on Padre Island! These THREE contiguous extra-deep lots offer approximately 150 feet of depth and are being sold together for a total of approximately .52 acres. Surrounded by a mix of established commercial and residential properties, this location offers excellent potential for future development, investment, or business use. Utilities are nearby, with sewer and water available approximately six lots away at the corner of Palmira and Merida. Convenient island location with growing development in the surrounding area. Don’t miss this unique opportunity to secure a sizable commercial tract on Padre Island!

Investor Tools

$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Kimberly Zill

Coldwell Banker Pacesetter Steel

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Financing Details

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

City: Corpus Christi

Lots 9B, 10B, 11B Palmira Avenue | Property Details | No Agent List