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5501 Ih 37 95,559 SF Health Care Building Offered at $1,200,000 in Corpus Christi, TX 78408
INVESTMENT HIGHLIGHTS
- Located minutes from the Airport and Downtown
- Major employers nearby
EXECUTIVE SUMMARY
5501 IH-37 is a former Ramada Inn hotel operated as a substance abuse recovery center and office space on 6.2 acres. This commercial space features +/- 160 hotel rooms, recreational areas, meeting rooms, a full dining room and commercial kitchen. Tremendous opportunity for this property with thriving tourism, billions of dollars in industrial development within 30 minutes, military complex close by equals thousands of jobs and transient contractors needing hotel rooms. Located on Interstate 37 access road at McBride. PTAC units in rooms.
PROPERTY FACTS Under Contract
| Price | $1,200,000 | Lot Size | 6.20 AC |
| Price Per Bed | $7,500 | Building Size | 95,559 SF |
| Sale Type | Investment | No. Beds | 160 |
| Property Type | Health Care | No. Stories | 2 |
| Building Class | C | Year Built | 1982 |
| Zoning | CG-2 - CG-2 is a General Commercial zoning covering a wide range of allowed use such as apartments, restaurant, mini-storage, bars, hotel, etc. | ||
| Price | $1,200,000 |
| Price Per Bed | $7,500 |
| Sale Type | Investment |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 6.20 AC |
| Building Size | 95,559 SF |
| No. Beds | 160 |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | CG-2 - CG-2 is a General Commercial zoning covering a wide range of allowed use such as apartments, restaurant, mini-storage, bars, hotel, etc. |
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PROPERTY TAXES
| Parcel Number | 264358 | Improvements Assessment | $32,538 |
| Land Assessment | $59,459 | Total Assessment | $91,997 |
PROPERTY TAXES
Parcel Number
264358
Land Assessment
$59,459
Improvements Assessment
$32,538
Total Assessment
$91,997
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5501 Ih 37
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