Office and Specialty Retail
701 Everhart Rd Corpus Christi, TX 78411
701 Everhart Rd, Corpus Christi, TX, 78411
$279,000
For Sale
$279,000
Versatile unit with parking lot circulation and Neighborhood Office zoning near Everhart and Alameda.
Property Size1,153 SF
Price / SF$241.98
Days on Market476
Property Features for 701 Everhart Rd
General Information
- Standard status
- Active
- Size
- 1,153 SF
Listing agency
Keller Williams Coastal Bend
(361) 548-7844
Listed by
Sara Mostaghasi · License #0653889
(361) 548-7844
Source
Exprealty
Added: Apr 2, 2025 Updated: Jul 21 at 2:23AM Checked: Jul 21 at 2:23AM
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.
Located at 701 Everhart Rd in Corpus Christi, this property offers a versatile setup for an office or specialty retail use. The space is supported by Neighborhood Office zoning, and prospective users should review the City zoning guide for details on permitted uses.
The building is served by a well-designed parking lot that supports smooth drivability around the property, helping provide convenient access for customers, staff, and visitors. With an overall property size of 1,153 square feet, the layout is suited for smaller footprint operations that need straightforward on-site parking and zoning flexibility.
For buyers and tenants seeking a flexible option in the Everhart and Alameda area, this property presents a straightforward combination of adaptable zoning and practical site access.
The building is served by a well-designed parking lot that supports smooth drivability around the property, helping provide convenient access for customers, staff, and visitors. With an overall property size of 1,153 square feet, the layout is suited for smaller footprint operations that need straightforward on-site parking and zoning flexibility.
For buyers and tenants seeking a flexible option in the Everhart and Alameda area, this property presents a straightforward combination of adaptable zoning and practical site access.
Key Highlights
- Prime opportunity for an office or specialty retail space in a high‑traffic area near Everhart and Alameda in Corpus Christi
- Zoned as Neighborhood Office
- Parking lot layout provides smooth drivability around the building for easy access and convenience
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 | $25.9k | $22.44 |
| − Vacancy | −$3.8k | −$3.34 |
| EGI | $22.0k | $19.10 |
| − OpEx | −$5.5k | −$4.78 |
| NOI | $16.5k | $14.33 |
1,153 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$236.0K
$206.5K – $275.3K
NOI $16,519 @ 7.0% cap · market cap 5.92%
Second Best
Retail
$199.2K
$174.3K – $232.5K
NOI $13,947 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$274.3K
$240.1K – $320.1K
NOI $19,204 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AROMÉ | Luxury Candles
Home Decor Store
Golden Petal Florist
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile unit with parking lot circulation and Neighborhood Office zoning near Everhart and Alameda.
Where is this office units located?
The property is located at 701 Everhart Rd Corpus Christi, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Prime opportunity for an office or specialty retail space in a high‑traffic area near Everhart and Alameda in Corpus Christi; Zoned as Neighborhood Office; Parking lot layout provides smooth drivability around the building for easy access and convenience
