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    1613 S Staples Street Corpus Christi, TX 78404

    View on Map
    For Sale
    $110,000

    SINGLE_FAMILY - Corpus Christi, TX

    Type:Office
    Property size:
    1,005 SF
    Lot size:
    0.10 Acres
    Added:
    Feb 28, 2024
    Days on Market:
    763
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 1613 S Staples Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Off Street
    Standard status
    Active
    APN
    245108030015
    Size
    1,005 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    TaxDescription
    FITCHUE PL N 5O' OF LT 1 BK 8O3 AKA LT 1B

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    1
    Building materials
    Frame, Concrete, WoodSiding
    Roof type
    Flat

    We can help!

    Listing Contact
    Melody Hernandez

    Listing agent Melody Hernandez License #0589089

    Listing office CORE Coastal Realty 5420 Holly Rd, Corpus Christi, TX

    Listing date Feb 28, 2024

    MLS# 436891

    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.

    Overview

    Corpus Christi Commercial Gem

    Located at the corner of Alameda & Staples in the Six Points area of Corpus Christi, this commercial property offers exposure minutes from downtown and Corpus Christi Bay. The building, with a footprint of just over 1,000 square feet, has been home to a local bar for decades. The property is suited for a cafe, taproom, drive-thru snack stop, auto service shop, or warehouse space. Positioned near hospitals, medical offices, established neighborhoods, and Staples Street, the location is suited for business. The lot size is 0.1 acres and the property size is 1005 square feet. The property is located in Nueces County, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

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

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

    Similar Places Nearby

    • Male Strippers Corpus Christi Unleashed — 2930 Santa Fe St, Corpus Christi, TX 78404
    • El Palenque Bar — Bonita St, Corpus Christi, TX 78404
    • Exxodus Music Lounge — 3215 Ayers St, Corpus Christi, TX 78415
    • Fork and Vines — 2760 Santa Fe St, Corpus Christi, TX 78404
    • El Antro Bar — 3206 Ayers St, Corpus Christi, TX 78415

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.401599
    Latitude
    27.774681

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    FAQs

    What type of property is this?
    Bar & Pub - Commercial property in vibrant Six Points area, endless potential.
    Where is this bar & pub located?
    The property is located at 1613 S Staples Street Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Prime location at the corner of Alameda & Staples in the Six Points area, offering **high visibility and exposure**.; Versatile commercial space suitable for various business ventures (cafe, taproom, drive‑thru, auto service, warehouse).; Proximity to downtown, Corpus Christi Bay, hospitals, medical offices, and established neighborhoods.
    (361) 232-6315
    We can help!
    Listing Contact
    Melody Hernandez
    Real Estate License ID: 0589089
    Learn More
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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
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