Built-Out Office
101-4600 Ocean Dr Corpus Christi, TX 78418
New
101-4600 Ocean Dr, Corpus Christi, TX, 78418
$325,000
For Sale
$325,000
Well-appointed office suite with multiple rooms, kitchenette/break room, and two full bathrooms with showers.
Property Size1,696 SF
Price / SF$191.63
Days on Market7
Property Features for 101-4600 Ocean Dr
General Information
- Standard status
- Active
- Size
- 1,696 SF
Listing agency
Keller Williams Coastal Bend
(361) 249-4770
Listed by
Will Storbeck · License #0722582
(361) 249-4770
Source
Exprealty
Added: Jul 16 Updated: Jul 21 at 11:24PM Checked: Jul 22 at 7:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Bend
Investment Insights
Based on property information with market context.
This built-out office suite is located within the historic 4600 Building and includes a flexible interior layout. The front features two large rooms configured for a waiting room and reception area. Toward the rear, there are two conference-sized rooms, supported by three hallway offices, a kitchenette-style pantry for a break room, and two full bathrooms with showers.
Exterior maintenance for the property is covered by the HOA, and building amenities include a pool, gym, and an event space room that owners can book and use.
The space is designed to accommodate professional offices with dedicated meeting rooms, reception functionality, and multiple interior work areas.
Exterior maintenance for the property is covered by the HOA, and building amenities include a pool, gym, and an event space room that owners can book and use.
The space is designed to accommodate professional offices with dedicated meeting rooms, reception functionality, and multiple interior work areas.
Key Highlights
- Well‑appointed office suite in the historic 4600 Building
- Built‑out layout includes 2 large front rooms for waiting room and reception area
- Rear includes 2 large conference‑sized rooms
Local Financial Insights For Office B
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 | $41.9k | $24.72 |
| − Vacancy | −$5.3k | −$3.12 |
| EGI | $36.6k | $21.60 |
| − OpEx | −$9.2k | −$5.40 |
| NOI | $27.5k | $16.20 |
1,696 SF · lease $24.72/SF/yr · vacancy 12.62% · expense 25.00%
Alternative Uses
Best Use
Office B
$392.5K
$343.5K – $457.9K
NOI $27,476 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.3K
$567.3K – $756.4K
NOI $45,384 @ 7.0% cap · market cap 13.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-appointed office suite with multiple rooms, kitchenette/break room, and two full bathrooms with showers.
Where is this office units located?
The property is located at 101-4600 Ocean Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Well‑appointed office suite in the historic 4600 Building; Built‑out layout includes 2 large front rooms for waiting room and reception area; Rear includes 2 large conference‑sized rooms
