This Land Property is no longer advertised on LoopNet.com.

1212 Padre Blvd
South Padre Island, TX 78597
South Padre Island Property · Land For Sale · 3.47 AC

Investment Highlights

  • Heavy Daytime foot traffic
  • Prime Location on the Island
  • High Volume Tourism Destination

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.47 AC
Zoning C - Office, Light Retail

Description

Lucrative investment opportunity for future development of a hotel or a condominium complex. Located within South Padre Island's business and entertainment district, this property is made up of 3 lots for a total of 3.47 Acres. Lot 1 is 0.54 Ac, Lot 2A is 1.18 Ac, and Lot 4 is 1.75 Ac. Denny's Restaurant sits on Lot 1 and a vacant structure with paved parking sits on Lot 2A. Lot 4 is a vacant lot with all utilities to curb and a non-exclusive pedestrian easement to the beach. Property to be sold as a bundle and must include a lease back to Denny's.

Property Taxes

Property Taxes

Parcel Number
675956-0000-004000
Land Assessment
$1,598,772
Improvements Assessment
$0
Total Assessment
$1,598,772
  • Listing ID: 18358267

  • Date on Market: 1/31/2020

  • Last Updated:

  • Address: 1212 Padre Blvd, South Padre Island, TX 78597

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