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    Versatile Industrial Property on NAS Drive

    721 Nas Drive Corpus Christi, TX 78418

    721 Nas Drive, Corpus Christi, TX, 78418
    $1,500,000
    For Sale
    Claim this Listing
    $1,500,000

    SINGLE_FAMILY - Corpus Christi, TX

    Property Size8,899 SF
    Lot Size0.72 Acres
    Price / SF$168.56
    AddedJan 1
    Days on Market196
    Last RefreshJul 16 at 1:06 am

    Property Features for 721 Nas Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    IL
    Parking features
    Off Street, Covered
    Standard status
    Active
    APN
    248700080265
    Size
    8,899 SF
    Lot size
    0.72 Acres

    Taxes and HOA fees

    Tax Description
    FLOUR BLUFF ESTATES #2 BLK 8 LOT 26B

    Utilities

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

    Building Details

    Year built
    1979
    Floors in Building
    1
    Building materials
    MetalSiding
    Roof type
    Metal

    Listing agent Stephanie Hastings License #0652300

    Listing office Keller Williams Coastal Bend 5402 S Staples St, Corpus Christi, TX

    Listing date Jan 1, 2026

    MLS# 468986

    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.

    Located on NAS Drive, this light industrial property features one lot with three buildings plus a covered loading area, suitable for various commercial and industrial uses. The property provides access, a functional layout, and flexible space for owner-users or investors. Building One totals approximately 4,500 square feet and includes a 2,349.1 square foot warehouse, a 1,215.9 square foot showroom, and a 935 square foot climate-controlled storage area. Building Two consists of a 3,200 square foot warehouse, while Building Three adds an additional 1,200 square foot warehouse. The property allows for operational flexibility, multiple tenants, or separate business functions. Situated in a prime location with access to Waldron Road and SPID, the property benefits from connectivity and visibility. Additional features include ample parking and a secured yard. The layout is suited for light industrial, distribution, service, or contractor operations. The property sits on a 0.72-acre lot and offers an opportunity for businesses seeking functionality, accessibility, and room to grow. The property contains 8,899 square feet of space.

    Key Highlights

    • Prime NAS Drive location offering strong connectivity and visibility with quick access to Waldron Road and SPID.
    • Versatile light industrial property with three buildings totaling approximately 8,900 SF, suitable for various commercial and industrial uses.
    • Building One features a balanced mix of warehouse (2,349.1 SF), showroom (1,215.9 SF), and climate‑controlled storage (935 SF).

    Local Financial Insights For Flex RnD

    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 $138.8k $15.60
    − Vacancy −$9.7k −$1.09
    EGI $129.1k $14.51
    − OpEx −$45.2k −$5.08
    NOI $83.9k $9.43
    8,899 SF · lease $15.60/SF/yr · vacancy 7.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,919 @ 7.0% cap · market cap 5.59%
    Second Best
    Warehouse
    $1.03M
    $904.6K – $1.21M (±1% cap)
    NOI $72,371 @ 7.0% cap · market cap 4.82%
    Theoretical Best
    Office A
    $3.40M
    $2.98M – $3.97M (±1% cap)
    NOI $238,131 @ 7.0% cap · market cap 15.88%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Geocrete Waterfront Construction Construction Company

    Suggested Use

    Real Estate Agency Hair Salon Law Firm Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Catering Service Electrical Service

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

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    FAQs

    What type of property is this?
    Warehouse - Light industrial property featuring multiple buildings in a prime location.
    Where is this warehouse located?
    The property is located at 721 Nas Drive Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime NAS Drive location offering strong connectivity and visibility with quick access to Waldron Road and SPID.; Versatile light industrial property with three buildings totaling approximately 8,900 SF, suitable for various commercial and industrial uses.; Building One features a balanced mix of warehouse (2,349.1 SF), showroom (1,215.9 SF), and climate‑controlled storage (935 SF).
    Contact an agent
    (361) 779-1690
    We can help!
    Contact an agent
    Stephanie Hastings
    Stephanie Hastings
    Real Estate License ID: 0652300
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