Calallen Multi-Tenant Investment
14317 NW Blvd Corpus Christi, TX
14317 NW Blvd, Corpus Christi, TX, 00000
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For Sale
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Multi-tenant investment property in a prime growth area.
Property Size12,347 SF
Lot Size1.49 Acres
Price / SF$161.17
Days on Market917
Property Features for 14317 NW Blvd
General Information
- Standard status
- Active
- Size
- 12,347 SF
- Lot size
- 1.49 Acres
- Property subtype
- OFFICE
Listing agency
Gulftex Properties
(361) 992-9700
Listed by
Burris W. McRee, CCIM, CPM
Source
Moodyscre
Added: Jan 18, 2024 Updated: Jul 6 at 9:56AM Checked: Jul 21 at 6:44AM
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 Gulftex Properties
Investment Insights
Based on property information with market context.
This multi-tenant investment property is located in the Calallen area. The property consists of six individual tenant spaces. The building has a size of 12347 square feet.
Key Highlights
- Investment property
- Located in the prime growth area of Calallen
- Multi‑tenant property
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 | $277.1k | $22.44 |
| − Vacancy | −$41.2k | −$3.34 |
| EGI | $235.9k | $19.10 |
| − OpEx | −$59.0k | −$4.78 |
| NOI | $176.9k | $14.33 |
12,347 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.53M
$2.21M – $2.95M
NOI $176,900 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,652 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Multi-tenant investment property in a prime growth area.
Where is this office building located?
The property is located at 14317 NW Blvd Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Investment property; Located in the prime growth area of Calallen; Multi‑tenant property
