Retail Strip Center with Additional
310 306 302 Staples Street Corpus Christi, TX 78401
310 306 302 Staples Street, Corpus Christi, TX, 78401
$525,000
For Sale
$525,000
Two tax IDs serve a corner lot with a 1-story stucco strip center and a separate wood house.
Property Size2,820 SF
Price / SF$186.17
Days on Market486
Property Features for 310 306 302 Staples Street
General Information
- Standard status
- Active
- Size
- 2,820 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing agency
Garron Dean & Associates
(361) 765-1897
Listed by
Gloria Redding · License #0501944
(361) 765-1897
Source
Xome
Added: Mar 24, 2025 Updated: Jul 21 at 11:40PM Checked: Jul 21 at 11:40PM
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 Garron Dean & Associates
Investment Insights
Based on property information with market context.
This for-sale property includes two separate buildings on a corner lot, supported by two Nueces CAD tax ID numbers (200022726 and 200022728). A 1-story stucco strip center faces Staples and is described as a tear-down. The second building is a wood house facing Laredo, noted as not in the greatest of shape but potentially workable depending on the buyer’s goals. Both buildings are identified as zoned Commercial.
The site is located at the corner of S. Staples and Laredo St, with access and frontage on both streets. The listing also notes signage visibility as a factor for the Staples-facing component.
For buyers evaluating redevelopment or adaptive reuse, the property offers two street-facing structures on a single parcel framework, with Commercial zoning noted for the overall use basis.
The site is located at the corner of S. Staples and Laredo St, with access and frontage on both streets. The listing also notes signage visibility as a factor for the Staples-facing component.
For buyers evaluating redevelopment or adaptive reuse, the property offers two street-facing structures on a single parcel framework, with Commercial zoning noted for the overall use basis.
Key Highlights
- Corner commercial property at S. Staples and Laredo St in Corpus Christi
- Two buildings on the lot: a 1‑story stucco strip center facing Staples and a wood house facing Laredo
- Two separate tax ID numbers in Nueces CAD: 200022726 and 200022728
Local Financial Insights For Retail
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 | $50.8k | $18.00 |
| − Vacancy | −$2.0k | −$0.72 |
| EGI | $48.7k | $17.28 |
| − OpEx | −$14.6k | −$5.18 |
| NOI | $34.1k | $12.10 |
2,820 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$487.3K
$426.4K – $568.5K
NOI $34,111 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$671.0K
$587.1K – $782.8K
NOI $46,970 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Two tax IDs serve a corner lot with a 1-story stucco strip center and a separate wood house.
Where is this strip mall located?
The property is located at 310 306 302 Staples Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Corner commercial property at S. Staples and Laredo St in Corpus Christi; Two buildings on the lot: a 1‑story stucco strip center facing Staples and a wood house facing Laredo; Two separate tax ID numbers in Nueces CAD: 200022726 and 200022728
