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    1001 2Nd St, Unit 3 Corpus Christi, TX 78404

    Sponsored
    For Lease
    $3,200 /Mo ($9 SF/Yr)

    COMMERCIAL - Corpus Christi, TX

    Type:Retail
    Property size:
    4,108 SF
    Lot size:
    1.21 Acres
    Days on Market:
    7
    Last Refresh:
    Feb 24 at 11:06 am

    Property Features for 1001 2Nd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    048000020010
    Parking features
    On Street
    Size
    4,108 SF
    Lot size
    1.21 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1

    We can help!

    Listing Contact
    Mark Pettigrove

    Garron Dean & Associates (361) 992-4182

    Listing agent Mark Pettigrove (361) 941-5269 License #0702989

    Listing date Feb 18, 2026

    MLS# 471844

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corpus Christi Gym Space Available

    This 4,000 square foot gym and fitness space is available for lease at $3,200 per month on a modified gross lease basis, equating to $9.60 per square foot annually. The property features approximately 3,300 square feet of naturally ventilated open gym space with three overhead doors, complemented by a 700 square foot climate-controlled room suitable for office, massage, or private training purposes. The space includes a 10-foot ceiling height, an open floor plan, and rubber mat flooring. Gym equipment could be included. One ADA restroom is available. The property is zoned for general commercial use, permitting a wide range of business operations. Lease terms include a preferred 2-3 year term and a security deposit equal to one month's rent. The space is ideal for CrossFit, functional fitness, martial arts, strength training, or other commercial uses. The property is situated on a 1.21-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coastal Infusions Gym & Fitness Center North American Roofing ... Roofing Company Somouno Designs Architect Neptune Fitness Gym & Fitness Center Cardinal Health Business To Business Service

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Okalani Lomi Lomi, Mission Nutrition, SOMOS Yoga, BLUE GUARD SERVICES, Mr Nice Guys 6 Points

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.39709
    Latitude
    27.782263

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    FAQs

    What type of property is this?
    Fitness center & gym - 4,000 SF gym/fitness space for lease in Corpus Christi.
    Where is this fitness center & gym located?
    The property is located at 1001 2Nd St, Unit 3 Corpus Christi, TX.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Large, naturally ventilated open gym space (3,300 SF) with three overhead doors.; - Affordable rent: $3,200/month Modified Gross.; - 700 SF climate-controlled room suitable for office, massage, or private training.
    (361) 941-5269
    Request Owner's contact information
    1001 2Nd St, Unit 3 Corpus Christi, TX 78404
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    Corpus Christi, TX 78404
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 2Nd St, Unit 3 Corpus Christi, TX 78404
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    We can help!
    Listing Contact
    Mark Pettigrove
    Real Estate License ID: 0702989
    (361) 941-5269
    Learn more
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