Office Building with Bay
For Sale
Contact for pricing
Pending
1525 N Shoreline Blvd, Corpus Christi, TX 78401
Office property with panoramic bay views and an installed camera-and-monitor security system.
Property Size4,000 SF
Days on Market675
Property Features for 1525 N Shoreline Blvd
General Information
Standard status
Pending
Size
4,000 SF
Property subtype
OFFICE
Amenities
security system
Listing Agency:
DH Realty Partners | San Antonio
(512) 357-8188
Listed By:
James M. Magill · License #675040
(361) 425-1112
Source:
Moodyscre
Added: Oct 30, 2024
Changed: Aug 31
Last Checked: Sep 1 at 11:11PM
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 DH Realty Partners | San Antonio
Investment Insights
Based on property information with market context.
This 4,000-square-foot office building at 1525 N Shoreline Blvd in Corpus Christi offers panoramic views of Corpus Christi Bay, nearby venues, and the city skyline. The property includes a security system with cameras and monitors.
The location provides access to major banks, entertainment venues, restaurants, and Corpus Christi International Airport. Its office configuration and existing security equipment support a range of business operations.
The location provides access to major banks, entertainment venues, restaurants, and Corpus Christi International Airport. Its office configuration and existing security equipment support a range of business operations.
Key Highlights
- 4,000‑square‑foot office building
- Panoramic views of Corpus Christi Bay, venues, and the skyline
- Security system includes cameras and monitors
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
$57,310
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
7.64%
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%
$1,146,200
$1.1M
Cap Rate 7%
$818,714
$818.7K
Cap Rate 9%
$636,778
$636.8K
Market Conditions
NOI Build-Up for 4,000 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
$89.8K $22.44/SF
− Vacancy
−$13.3K −$3.34/SF
EGI
$76.4K $19.10/SF
− OpEx
−$19.1K −$4.78/SF
NOI
$57.3K $14.33/SF
Area
Corpus Christi, TX
Vacancy
14.87%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
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%
$1,146,200
Cap Rate 7%
$818,714
Cap Rate 9%
$636,778
Alternative Uses
Best Use
Office B
$818.7K
$716.4K – $955.2K
NOI $57,310 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.8K
$832.8K – $1.11M
NOI $66,624 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 78401, TX
4,701
Population
2,115
Households
2.2
Avg Household Size
44
Median Age
15%
College-Educated
78%
High-School Grad
2.2 sq mi
ZIP Area
2,137
Density / Sq Mi
$37,796
Median Household Income
$22,254
Median Earnings
$930
Median Rent
$76,100
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?
Office building - Office property with panoramic bay views and an installed camera-and-monitor security system.
Where is this office building located?
The property is located at 1525 N Shoreline Blvd Corpus Christi, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,000‑square‑foot office building; Panoramic views of Corpus Christi Bay, venues, and the skyline; Security system includes cameras and monitors
