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Investment Highlights
- 985 linear feet along the Intracoastal Waterway with direct access to Redfish Bay and Gulf Coast marine routes
- Two primary tanks (70,000 & 55,000 barrels) totaling 125,000 barrels of storage
- Six tanks with Lease Automatic Custody Transfer units for efficient metering and transfer
- Fully improved site designed for petroleum product storage, transfer and marine-based logistics operations
- Multiple 400-barrel and 200-barrel tanks supporting flexible storage operations
- Existing dock/berth with pilings to support barge access and waterfront operations
Executive Summary
Sunray Terminal presents a rare opportunity to acquire a fully improved waterfront crude oil terminal and docking facility along the Intracoastal Waterway in the Corpus Christi market. The ±47.2-acre site includes approximately 22.5 acres of usable land, with the remaining area consisting primarily of wetlands that provide natural buffering and support environmental compliance.
The facility is equipped with extensive crude oil storage and handling infrastructure, including two large-capacity tanks totaling approximately 125,000 barrels, along with multiple smaller tanks, several equipped with LACT (Lease Automatic Custody Transfer) units for efficient metering and transfer operations. Additional improvements include a vapor control system, overspill containment measures and an active SPCC plan, supporting safe and compliant operations.
Waterfront features include approximately 985 feet of frontage on Redfish Bay, a concrete bulkhead, rip-rap shoreline stabilization and an existing dock/berthing area with pilings in place, enabling direct access to key Gulf Coast marine transportation routes. The secured, fenced site is accessible via two gravel roads from Sunray Road and includes a ±750 SF office building for on-site administrative support.
With no zoning restrictions and a substantial usable land component, the property offers flexibility for continued crude oil operations, redevelopment or expansion.
The facility is equipped with extensive crude oil storage and handling infrastructure, including two large-capacity tanks totaling approximately 125,000 barrels, along with multiple smaller tanks, several equipped with LACT (Lease Automatic Custody Transfer) units for efficient metering and transfer operations. Additional improvements include a vapor control system, overspill containment measures and an active SPCC plan, supporting safe and compliant operations.
Waterfront features include approximately 985 feet of frontage on Redfish Bay, a concrete bulkhead, rip-rap shoreline stabilization and an existing dock/berthing area with pilings in place, enabling direct access to key Gulf Coast marine transportation routes. The secured, fenced site is accessible via two gravel roads from Sunray Road and includes a ±750 SF office building for on-site administrative support.
With no zoning restrictions and a substantial usable land component, the property offers flexibility for continued crude oil operations, redevelopment or expansion.
Property Facts
| Price | $19,750,000 | Building Class | B |
| Price Per SF | $26,333.33 | Lot Size | 47.22 AC |
| Sale Type | Investment | Building Size | 750 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Chemical/Oil Refinery | Year Built | 2015 |
| Zoning | None - Located outside city limits; subject to Industrial District Agreement) | ||
| Price | $19,750,000 |
| Price Per SF | $26,333.33 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Chemical/Oil Refinery |
| Building Class | B |
| Lot Size | 47.22 AC |
| Building Size | 750 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Zoning | None - Located outside city limits; subject to Industrial District Agreement) |
Amenities
- Waterfront
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 54557 | Improvements Assessment | $0 |
| Land Assessment | $680,400 | Total Assessment | $680,400 |
Property Taxes
Parcel Number
54557
Land Assessment
$680,400
Improvements Assessment
$0
Total Assessment
$680,400
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