Corner Flex
For Sale
$350,000
625 Rosewood Street, Corpus Christi, TX 78405
CommercialSale, Corpus Christi, TX
Property Size3,822 SF
Lot Size0.21 Acres
Price / SF$91.58
Days on Market354
Property Features for 625 Rosewood Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
Rosewood
Lot features
Corner Lot, Interior Lot
Standard status
Active
APN
751600020010
Size
3,822 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
ROSEWOOD LT 1 BLK 2
Legal Description
ROSEWOOD LT 1 BLK 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1939
Floors in Building
1
Listing Agency:
Keller Williams Coastal Bend · Keller Williams Realty
(361) 225-7900
Listed By:
Elizabeth Parsley · License #0707070
(361) 816-4527
Added: Sep 10, 2025
Changed: Aug 20
Last Checked: Aug 29 at 12:06PM
MLS# 464702
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 3,822-square-foot commercial building combines retail storefront and warehouse space with a private office, breakroom, and restroom. Built in 1939, the property has central air conditioning and electric central heat, with public water and public sewer service. The existing layout supports the current distribution-oriented operation while retaining a flexible commercial configuration.
Positioned on a corner lot in Corpus Christi, the property provides two access points to a paved parking area and direct access to the Crosstown Expressway. The surrounding area includes both residential and commercial uses. CG-2 General Commercial zoning is in place. The property is occupied by Floro Distributing Inc.; inventory, furniture, fixtures, and equipment are included as part of a package sale.
Positioned on a corner lot in Corpus Christi, the property provides two access points to a paved parking area and direct access to the Crosstown Expressway. The surrounding area includes both residential and commercial uses. CG-2 General Commercial zoning is in place. The property is occupied by Floro Distributing Inc.; inventory, furniture, fixtures, and equipment are included as part of a package sale.
Key Highlights
- 3,822‑square‑foot commercial building on a 0.21‑acre corner lot
- CG‑2 (General Commercial) zoning
- Retail storefront and warehouse configuration with private office, breakroom, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$507,580
$507.6K
Cap Rate 7%
$362,557
$362.6K
Cap Rate 9%
$281,989
$282.0K
Market Conditions
NOI Build-Up for 3,822 SF
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.
Gross rent
$32.1K $8.40/SF
− Vacancy
−$2.2K −$0.59/SF
EGI
$29.9K $7.81/SF
− OpEx
−$4.5K −$1.17/SF
NOI
$25.4K $6.64/SF
Area
Corpus Christi, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$507,580
Cap Rate 7%
$362,557
Cap Rate 9%
$281,989
Alternative Uses
Best Use
Retail
$660.4K
$577.9K – $770.5K
NOI $46,231 @ 7.0% cap · market cap 13.21%
Second Best
Flex RnD
$574.9K
$503.1K – $670.8K
NOI $40,246 @ 7.0% cap · market cap 11.50%
Theoretical Best
Office A
$909.4K
$795.7K – $1.06M
NOI $63,659 @ 7.0% cap · market cap 18.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78405, TX
14,151
Population
6,068
Households
2.3
Avg Household Size
37
Median Age
4%
College-Educated
62%
High-School Grad
5.1 sq mi
ZIP Area
2,775
Density / Sq Mi
$37,188
Median Household Income
$25,323
Median Earnings
$1,030
Median Rent
$75,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - CG-2 zoning supports the current retail and warehouse configuration with office and service areas.
Where is this flex space located?
The property is located at 625 Rosewood Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,822‑square‑foot commercial building on a 0.21‑acre corner lot; CG‑2 (General Commercial) zoning; Retail storefront and warehouse configuration with private office, breakroom, and restroom
