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Ranch Motel 4206 Leopard St 28 Room Hotel Corpus Christi, TX 78408 $1,199,000 ($42,821/Room) 18.85% Cap Rate



Executive Summary
Welcome to 4206 Leopard Street, better known as The Ranch Motel, a rare commercial hospitality opportunity located in Corpus Christi, TX. Offering 27 individual rooms, this property is positioned for its next owner to step in and continue operations, reposition the asset, or explore future value-add potential. The sale includes the building, land, and furnishings, giving buyers a more complete package from day one. Each room is designed with a functional layout featuring a sleeping area, kitchenette, and full bathroom, allowing for convenience and extended-stay appeal. The property offers strong visibility along Leopard Street, with recognizable signage, on-site parking, and easy access to major Corpus Christi corridors, refineries, industrial employers, downtown, and surrounding residential areas. The Ranch Motel presents a flexible opportunity for an investor, owner-operator, or hospitality group looking to acquire an existing motel property in the Coastal Bend. Whether the goal is to continue motel operations, improve room finishes over time, increase occupancy, or explore alternative commercial use possibilities, this property offers a solid footprint with income-producing units already in place. Corpus Christi continues to see demand from traveling workers, contractors, long-term guests, and visitors needing affordable lodging options near key employment hubs and local amenities. With 27 rooms and included furnishings, this asset provides scale that is difficult to find at this price point and location. Buyers are encouraged to verify all zoning, use, financials, room count, square footage, permits, and operational details. Please do not disturb occupants or staff. Showings by appointment only.
Property Facts
| Price | $1,199,000 | Lot Size | 1.46 AC |
| Price Per Room | $42,821 | Building Size | 5,823 SF |
| Sale Type | Investment | No. Rooms | 28 |
| Cap Rate | 18.85% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1987 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | B-4 | ||
| Price | $1,199,000 |
| Price Per Room | $42,821 |
| Sale Type | Investment |
| Cap Rate | 18.85% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.46 AC |
| Building Size | 5,823 SF |
| No. Rooms | 28 |
| No. Stories | 1 |
| Year Built | 1987 |
| Corridor | Exterior |
| Zoning | B-4 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 28 | $35.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 187663 | Improvements Assessment | $328,040 |
| Land Assessment | $211,960 | Total Assessment | $540,000 |
Property Taxes
Parcel Number
187663
Land Assessment
$211,960
Improvements Assessment
$328,040
Total Assessment
$540,000
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Ranch Motel | 4206 Leopard St
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