Remodeled Medical Office
For Sale
$399,999
5133 Weber, Corpus Christi, TX 78411
Remodeled medical office building with new roof, central HVAC, plumbing, flooring, and fresh interior paint.
Property Size2,400 SF
Price / SF$166.67
Days on Market513
Property Features for 5133 Weber
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Office
Amenities
Central Air, Electric
3
Corner Lot.
Asphalt.
Corner.
Building Details
Year Built
1963
Listing Agency:
Christi Properties
(361) 765-3312
Listed By:
Christi Properties · License #0556633
(361) 742-9520
Source:
Xome
Added: Apr 4, 2025
Changed: Aug 25
Last Checked: Aug 29 at 7:46AM
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 Christi Properties
Investment Insights
Based on property information with market context.
This remodeled medical office building has been updated with a new roof, new central air and heating, new plumbing, new flooring, and fresh paint. The improvements refresh the building’s interior presentation and building systems for a modern office environment.
Located on Weber Rd near SPID, the property benefits from a convenient area setting. The building is for sale.
As presented, the asset is suited for medical office use within a fully remodeled shell and recently upgraded mechanical and interior components.
Located on Weber Rd near SPID, the property benefits from a convenient area setting. The building is for sale.
As presented, the asset is suited for medical office use within a fully remodeled shell and recently upgraded mechanical and interior components.
Key Highlights
- Remodeled medical office building
- New roof
- New central A/C and heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$559,880
$559.9K
Cap Rate 7%
$399,914
$399.9K
Cap Rate 9%
$311,044
$311.0K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$51.8K $21.60/SF
− Vacancy
−$5.2K −$2.16/SF
EGI
$46.7K $19.44/SF
− OpEx
−$18.7K −$7.78/SF
NOI
$28.0K $11.66/SF
Area
Corpus Christi, TX
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$559,880
Cap Rate 7%
$399,914
Cap Rate 9%
$311,044
Alternative Uses
Best Use
Healthcare Medical
$399.9K
$349.9K – $466.6K
NOI $27,994 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$571.1K
$499.7K – $666.2K
NOI $39,974 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 78411, TX
26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Remodeled medical office building with new roof, central HVAC, plumbing, flooring, and fresh interior paint.
Where is this medical center located?
The property is located at 5133 Weber Corpus Christi, TX.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Remodeled medical office building; New roof; New central A/C and heating
