Versatile Acreage with Multiple
2977 CR 37 Corpus Christi, TX 78417
2977 CR 37, Corpus Christi, TX, 78417
$580,000
For Sale
$580,000
COMMERCIAL - Corpus Christi, TX
Property Size6,624 SF
Lot Size6.71 Acres
Price / SF$87.56
Days on Market233
Property Features for 2977 CR 37
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OCL
- Parking features
- Garage
- Standard status
- Active
- APN
- 070100170010
- Size
- 6,624 SF
- Lot size
- 6.71 Acres
Taxes and HOA fees
- Tax Description
- BISHOP AND BLOCKER LT 1 BLK 17 & 18
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Shingle
Listing agency
Gene Guernsey & Assoc.Realtors
(361) 992-4663
Listed by
Gene Guernsey · License #0372996
(361) 960-7653
Added: Dec 1, 2025 Updated: May 22 at 2:06PM Checked: Jul 22 at 2:06PM
MLS# 468069
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.
Investment Insights
Based on property information with market context.
This 6.71-acre site, located outside city limits, features multiple structures and offers versatile usage options. Conveniently situated near Saratoga & FM 665 (Old Brownsville Rd) via Jurica Rd/CR37, the property was formerly a farm with two residences. The main house includes 5 bathrooms and 4 bedrooms, while the front house has 2 bathrooms and 3 bedrooms. The absence of zoning restrictions (OCL) provides flexibility and space for expansion, making it suitable for various uses. A notable feature is the large garage equipped with five full-size roll-up doors, ideal for storage, equipment housing, workshops, and on-site management or administrative functions. Additionally, a single-story building on the property can serve as office space or be converted to support further commercial activity. The site is serviced by a septic system. Its location provides convenient access to transportation routes to the Port of Corpus Christi and Petro-chemical plants, making it well-suited for contractors, service companies, equipment yards, light industrial users, and mixed-use work/live operations. The property offers a strategic location, infrastructure, and acreage, presenting a strong opportunity in Corpus Christi. The property size is 6,624 square feet.
Key Highlights
- Versatile 6.71‑acre site outside city limits with no zoning, offering flexibility for various uses.
- Two residences: a main house with 4 bedrooms and 5 bathrooms.
- Large garage with five full‑size roll‑up doors, ideal for storage or workshops.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.6k | $8.40 |
| − Vacancy | −$3.9k | −$0.59 |
| EGI | $51.7k | $7.81 |
| − OpEx | −$7.8k | −$1.17 |
| NOI | $44.0k | $6.64 |
6,624 SF · lease $8.40/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.58M
NOI $94,905 @ 7.0% cap · market cap 16.36%
Second Best
Mixed Use
$958.1K
$838.4K – $1.12M
NOI $67,068 @ 7.0% cap · market cap 11.56%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,329 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 6.71-acre site suitable for various commercial and residential uses.
Where is this mixed-use property located?
The property is located at 2977 CR 37 Corpus Christi, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Versatile 6.71‑acre site outside city limits with no zoning, offering flexibility for various uses.; Two residences: a main house with 4 bedrooms and 5 bathrooms.; **Large garage with five full‑size roll‑up doors, ideal for storage or workshops.**
