Updated Office
For Sale
$249,900
10308 Leopard St, Corpus Christi, TX 78410
Recent roof and HVAC work, refreshed interiors, and asphalt parking support professional office occupancy.
Property Size1,260 SF
Lot Size0.18 Acres
Price / SF$198.33
Days on Market8
Property Features for 10308 Leopard St
General Information
Standard status
Active
Size
1,260 SF
Lot size
0.18 Acres
Property subtype
Office
Additional Details
Condition
Move-in Ready
Road Access
Yes
Property Use
Office
Building Details
Building Size
1,260 SF
Year Built
1975
Buildings
1
Listing Agency:
Prime Real Estate
Listed By:
Dustin Sanchez · License #0843751
(361) 563-0113
Source:
National-onerealty
Added: Oct 27
Changed: Oct 31
Last Checked: Nov 1 at 3:44PM
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 Prime Real Estate
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Investment Insights
Based on property information with market context.
This 1,260-square-foot office building occupies a 0.18-acre commercial lot on Leopard Street in Corpus Christi. Built in 1975, it previously served as a CPA practice. Interior work includes new paint on ceilings, walls, and trim, along with replacement interior doors. The roof was replaced in 2020, and the HVAC system dates to 2022.
The site includes approximately 2,604 square feet of asphalt paving for parking. Exterior improvements include repaired LED soffit lighting and a replacement building sign with functioning lights. Commercial zoning applies to the property.
The site includes approximately 2,604 square feet of asphalt paving for parking. Exterior improvements include repaired LED soffit lighting and a replacement building sign with functioning lights. Commercial zoning applies to the property.
Key Highlights
- 1,260‑square‑foot office building on a 0.18‑acre commercial lot
- Roof replaced in 2020; HVAC system installed in 2022
- Interior repainted, including ceilings, walls, and trim; new interior doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,052
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,040
$361.0K
Cap Rate 7%
$257,886
$257.9K
Cap Rate 9%
$200,578
$200.6K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$28.3K $22.44/SF
− Vacancy
−$4.2K −$3.34/SF
EGI
$24.1K $19.10/SF
− OpEx
−$6.0K −$4.78/SF
NOI
$18.1K $14.33/SF
Area
Corpus Christi, TX
Vacancy
14.87%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,040
Cap Rate 7%
$257,886
Cap Rate 9%
$200,578
Alternative Uses
Best Use
Office B
$257.9K
$225.7K – $300.9K
NOI $18,052 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.8K
$262.3K – $349.8K
NOI $20,987 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 78410, TX
29,545
Population
10,798
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
90%
High-School Grad
22.5 sq mi
ZIP Area
1,313
Density / Sq Mi
$77,642
Median Household Income
$45,386
Median Earnings
$1,158
Median Rent
$220,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Recent roof and HVAC work, refreshed interiors, and asphalt parking support professional office occupancy.
Where is this office building located?
The property is located at 10308 Leopard St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,260‑square‑foot office building on a 0.18‑acre commercial lot; Roof replaced in 2020; HVAC system installed in 2022; Interior repainted, including ceilings, walls, and trim; new interior doors
