Industrial Flex Property with
For Sale
Contact for pricing
1237 Southern Minerals Rd, Corpus Christi, TX 78409
Industrial flex building includes a stabilized, concrete fenced yard with a dedicated office space.
Property Size7,010 SF
Price / SF$109.13
Days on Market670
Property Features for 1237 Southern Minerals Rd
General Information
Standard status
Active
Size
7,010 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Adame Commercial
(361) 880-5888
Listed By:
Mark Adame, CCIM, SIOR
Source:
Moodyscre
Added: Oct 1, 2024
Changed: Jul 25
Last Checked: Jul 31 at 5:27AM
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.
This industrial flex property features a large stabilized and concrete yard secured with fencing and a large slide gate. A clean, separate office provides dedicated workspace for management or operations.
The property is centrally located near refineries and offers easy access to I-37, supporting day-to-day logistics and access needs.
As a flex-style setup with yard storage and office space, the layout is suited to businesses that require both on-site staging and functional administrative space.
The property is centrally located near refineries and offers easy access to I-37, supporting day-to-day logistics and access needs.
As a flex-style setup with yard storage and office space, the layout is suited to businesses that require both on-site staging and functional administrative space.
Key Highlights
- Industrial flex building with a stabilized, concrete fenced yard
- Dedicated, clean separate office
- Fenced yard includes a large slide gate
Financial Insights For Industrial
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 | $56.4k | $8.04 |
| − Vacancy | −$3.9k | −$0.56 |
| EGI | $52.4k | $7.48 |
| − OpEx | −$15.7k | −$2.24 |
| NOI | $36.7k | $5.23 |
7,010 SF · lease $8.04/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.05M
$922.7K – $1.23M
NOI $73,815 @ 7.0% cap · market cap 9.65%
Second Best
Industrial
$524.2K
$458.6K – $611.5K
NOI $36,691 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,759 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78409, TX
2,570
Population
1,013
Households
2.5
Avg Household Size
39
Median Age
14%
College-Educated
75%
High-School Grad
18.4 sq mi
ZIP Area
140
Density / Sq Mi
$62,813
Median Household Income
$33,078
Median Earnings
$986
Median Rent
$133,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex building includes a stabilized, concrete fenced yard with a dedicated office space.
Where is this flex space located?
The property is located at 1237 Southern Minerals Rd Corpus Christi, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Industrial flex building with a stabilized, concrete fenced yard; Dedicated, clean separate office; Fenced yard includes a large slide gate
