Prime Development Opportunity on Padre Island 2.35 Acres of CR-2 Resort-Zoned Land - Positioned in the heart of North Padre Island, this 2.35-acre assemblage offers a rare chance to secure seven contiguous platted lots in a location already recognized for its resort-driven growth and coastal appeal. Currently a portion of this acreage houses a metal building with four bays fully rented earning good income. The targeted development for this property is Multifamily Residential/Condominium/Short-Term Rental. The Commercial Resort (CR-2) designation is one of the most flexible and valuable zoning categories on the Barrier Islands, allowing you to shape the property into a high-performing asset. Permitted uses include: Tourist-oriented retail and services, water-related commercial ventures, indoor and outdoor amusement or recreation, and most importantly townhomes, multifamily, cottages, and group living. This zoning unlocks the potential for mixed-use development, hospitality concepts, vacation rentals, or resort-style residential communitiesall in high demand on North Padre Island.
| MLS # | 471544 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 184 |
| Listing Provided By | Rev Realty Texas LLC | Debra Brock |
| SQ Feet | 7,585 |
|---|---|
| Garage | 12 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 2.35 |
| Lot Features | Interior Lot, Subdivided, Level |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Other |
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78418 |
| Community Name | Padre Island |
| Listing VS Median (in Padre Island) | |
Price: $3,500,000 low | high Med: $700 sqft: 7,585 low | high Med: 2,996 $ / sqft: $461 low | high Med: $0 On site: 184 low | high Med: 71 | |
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78418 |
| Community Name | Padre Island |
| Listing VS Median (in Padre Island) | |
Price: $3,500,000 low | high Med: $700 sqft: 7,585 low | high Med: 2,996 $ / sqft: $461 low | high Med: $0 On site: 184 low | high Med: 71 | |