1237 Southern Minerals Rd Corpus Christi, TX
Industrial property featuring a stabilized yard and convenient highway access.
Property Features for 1237 Southern Minerals Rd
General Information
- Standard status
- Active
- Size
- 7,010 SF
- Lot size
- 0.86 Acres
- Property subtype
- INDUSTRIAL
Listing office Adame Commercial (361) 880-5888
Listing date Oct 1, 2024
Source Moodyscre
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 Adame Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Large stabilized and concrete yard
- Easy access to I‑37
- Centrally located near refineries
Local Financial Insights For Warehouse
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 | $58.9k | $8.40 |
| − Vacancy | −$4.1k | −$0.59 |
| EGI | $54.8k | $7.81 |
| − OpEx | −$8.2k | −$1.17 |
| NOI | $46.5k | $6.64 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Industrial Storage Services — 6530 Leopard St, Corpus Christi, TX 78409
- Legend Transport — 7626 leopard st, corpus christi, tx 78409
