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Investment Highlights
- Cleared ±18-acre redevelopment site with SH 358 frontage.
- Full conceptual mixed-use architectural package conveys with sale.
- Six platted lots support a variety of redevelopment strategies.
- Two existing parking garages provide approximately 1,250 spaces.
- Located near La Palmera Mall, Del Mar College, and Driscoll Children's Hospital.
- Positioned within a major Corpus Christi commercial corridor.
Executive Summary
5858 S Padre Island Drive presents a rare large-scale redevelopment opportunity in the heart of Corpus Christi's established retail and commercial corridor. The former Sunrise Mall has been demolished, creating a cleared ±18-acre site with direct frontage along South Padre Island Drive (SH 358), one of the city's primary east-west transportation corridors connecting the urban core with Padre Island and surrounding residential communities. The property is positioned near major regional destinations including La Palmera Mall, Del Mar College, Driscoll Children's Hospital, and a concentration of national retailers, restaurants, and service providers that support ongoing consumer activity throughout the trade area.
A significant differentiator is the presence of two existing structured parking garages totaling approximately 1,250 parking spaces. These existing improvements provide a substantial infrastructure component that may reduce future development costs and support higher-density project concepts. The site is further enhanced by a comprehensive mixed-use architectural package prepared by ARK Architects that conveys with the sale. The conceptual development program includes residential, hospitality, retail, and restaurant components across six platted lots, providing a framework for future redevelopment planning.
With CG-2 zoning reported by the seller, established roadway access, existing infrastructure, and a location surrounded by major commercial and institutional demand drivers, the property offers flexibility for developers seeking a mixed-use, hospitality, residential, or commercial project. The combination of site scale, existing structured parking, and a completed conceptual planning package creates a unique opportunity to advance redevelopment efforts within one of Corpus Christi's most recognizable commercial corridors.
A significant differentiator is the presence of two existing structured parking garages totaling approximately 1,250 parking spaces. These existing improvements provide a substantial infrastructure component that may reduce future development costs and support higher-density project concepts. The site is further enhanced by a comprehensive mixed-use architectural package prepared by ARK Architects that conveys with the sale. The conceptual development program includes residential, hospitality, retail, and restaurant components across six platted lots, providing a framework for future redevelopment planning.
With CG-2 zoning reported by the seller, established roadway access, existing infrastructure, and a location surrounded by major commercial and institutional demand drivers, the property offers flexibility for developers seeking a mixed-use, hospitality, residential, or commercial project. The combination of site scale, existing structured parking, and a completed conceptual planning package creates a unique opportunity to advance redevelopment efforts within one of Corpus Christi's most recognizable commercial corridors.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 18.00 AC |
| Property Type | Land | ||
| Zoning | B4 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 18.00 AC |
| Zoning | B4 |
1 Lot Available
Lot
| Lot Size | 18.00 AC |
| Lot Size | 18.00 AC |
±18-acre redevelopment site on SH 358 with existing 1,250-space parking garages and conceptual mixed-use plans conveying with sale. Cleared former Sunrise Mall property positioned within Corpus Christi's established retail corridor.
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 200039563 | Improvements Assessment | $247,007 |
| Land Assessment | $2,552,993 | Total Assessment | $2,800,000 |
Property Taxes
Parcel Number
200039563
Land Assessment
$2,552,993
Improvements Assessment
$247,007
Total Assessment
$2,800,000
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