Flex Space with
For Sale
$975,000
8808 County Road 1458, Taft, TX 78390
CommercialSale, Taft, TX
Property Size9,100 SF
Lot Size2.77 Acres
Price / SF$107.14
Days on Market450
Property Features for 8808 County Road 1458
General Information
Property type
Commercial Sale
Property subtype
Office
Security features
Security
Interior features
Storage
Exterior features
Storage
Subdivision
Taft Farm Lands 2nd Sub
Lot features
Interior Lot, Level
Directions
181 to Taft, right on CR 631, right on CR 1458 , property on the left
Standard status
Active
APN
52715
Size
9,100 SF
Lot size
2.77 Acres
Taxes and HOA fees
Tax Description
SECOND ADDN TO TAFT FARM LANDS SEC 4, PT TR 2 (2.77 ACRES)
Legal Description
SECOND ADDN TO TAFT FARM LANDS SEC 4, PT TR 2 (2.77 ACRES)
Utilities
Sewer type
Private Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
central air conditioning
heating
lobby restroom
private office
lobby or reception space
restroom
Building Details
Year built
2010
Floors in Building
1
Building materials
MetalSiding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
KM Premier Real Estate
(361) 991-5263
Listed By:
Romy Brewer · License #0640299
(361) 876-0312
Added: Jun 11, 2025
Changed: Aug 19
Last Checked: Sep 3 at 1:06AM
MLS# 460458
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,100-square-foot flex property combines more than 8,000 SF of open warehouse area with over 1,000 SF of office and lobby space. The office portion includes central heating and air conditioning, reception space, a private office or records room, and a restroom. A second restroom serves the warehouse, which is arranged in two sections and includes six 12-foot exterior roll-up doors, multiple personnel entrances, a deep sink, and roughed-in plumbing for a third restroom.
The improvements sit on 2.77 acres outside the city limits of Taft, with a partially fenced perimeter, limestone parking, and a drive that allows trucks to circulate behind the building. A former truck or equipment wash area remains on site, and a second meter tap is available for uses such as truck filling. The rear property line borders a drainage easement. The property is located in San Patricio County, 8 miles from Gulf Coast Growth Ventures, Cheniere LNG, and businesses in the Port of Corpus Christi Industrial Corridor, and minutes from Steel Dynamics in Sinton.
The improvements sit on 2.77 acres outside the city limits of Taft, with a partially fenced perimeter, limestone parking, and a drive that allows trucks to circulate behind the building. A former truck or equipment wash area remains on site, and a second meter tap is available for uses such as truck filling. The rear property line borders a drainage easement. The property is located in San Patricio County, 8 miles from Gulf Coast Growth Ventures, Cheniere LNG, and businesses in the Port of Corpus Christi Industrial Corridor, and minutes from Steel Dynamics in Sinton.
Key Highlights
- 9,100‑square‑foot flex property with over 8,000 SF of warehouse space and over 1,000 SF of office/lobby space
- 2.77 partially fenced acres outside the city limits of Taft
- Six 12‑foot exterior roll‑up doors, with four on one side and two on the opposite side
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
$60,426
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
6.20%
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%
$1,208,520
$1.2M
Cap Rate 7%
$863,229
$863.2K
Cap Rate 9%
$671,400
$671.4K
Market Conditions
NOI Build-Up for 9,100 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
$76.4K $8.40/SF
− Vacancy
−$5.4K −$0.59/SF
EGI
$71.1K $7.81/SF
− OpEx
−$10.7K −$1.17/SF
NOI
$60.4K $6.64/SF
Area
San Patricio County, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
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%
$1,208,520
Cap Rate 7%
$863,229
Cap Rate 9%
$671,400
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,730 @ 7.0% cap · market cap 12.07%
Second Best
Warehouse
$863.2K
$755.3K – $1.01M
NOI $60,426 @ 7.0% cap · market cap 6.20%
Theoretical Best
Hotel Hospitality
$4.67M
$4.08M – $5.45M
NOI $326,781 @ 7.0% cap · market cap 33.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78390, TX
5,447
Population
2,364
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
76%
High-School Grad
201.6 sq mi
ZIP Area
27
Density / Sq Mi
$71,940
Median Household Income
$42,352
Median Earnings
$1,034
Median Rent
$134,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial facility with conditioned offices, open warehouse space, multiple roll-up doors, and room for vehicle and equipment circulation.
Where is this flex space located?
The property is located at 8808 County Road 1458 Taft, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 9,100‑square‑foot flex property with over 8,000 SF of warehouse space and over 1,000 SF of office/lobby space; 2.77 partially fenced acres outside the city limits of Taft; Six 12‑foot exterior roll‑up doors, with four on one side and two on the opposite side
