Industrial Property with Existing
For Sale
$275,000
1814 Lodge Lane, Corpus Christi, TX 78409
CommercialSale, Corpus Christi, TX
Property Size2,720 SF
Lot Size1.50 Acres
Price / SF$101.10
Days on Market62
Property Features for 1814 Lodge Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Subdivision
Sheppard Add Tr #1
Lot features
Corner Lot, Cul De Sac
Standard status
Active
APN
794100000040
Size
2,720 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Description
SHEPPARD ADD TR 4
Legal Description
SHEPPARD ADD TR 4
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1971
Floors in Building
1
Listing Agency:
Delia Garcia, Broker
(361) 877-4980
Listed By:
Delia Garcia · License #0705839
(361) 877-4980
Added: Jun 26
Changed: Aug 22
Last Checked: Aug 26 at 3:06PM
MLS# 478534
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 industrial property combines approximately 1.5 acres with an approximately 2,720-square-foot structure built in 1971. The existing improvements provide a base for an industrial operation, renovation program, site work, or redevelopment plan. Building systems include central air conditioning and central electric heating.
The property is located at 1814 Lodge Lane in Corpus Christi, Texas, within Nueces County. Public water and public sewer serve the site, while parking is available on the street. The land-and-building configuration is suited to purchasers evaluating an owner-user facility, service operation, or other industrial application, subject to their own due diligence and plans for the property.
The property is located at 1814 Lodge Lane in Corpus Christi, Texas, within Nueces County. Public water and public sewer serve the site, while parking is available on the street. The land-and-building configuration is suited to purchasers evaluating an owner-user facility, service operation, or other industrial application, subject to their own due diligence and plans for the property.
Key Highlights
- Approximately 1.5 acres with an approximately 2,720‑square‑foot existing structure
- 1971 construction
- Central air conditioning and central electric 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
$14,237
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
5.18%
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%
$284,740
$284.7K
Cap Rate 7%
$203,386
$203.4K
Cap Rate 9%
$158,189
$158.2K
Market Conditions
NOI Build-Up for 2,720 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
$21.9K $8.04/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$20.3K $7.48/SF
− OpEx
−$6.1K −$2.24/SF
NOI
$14.2K $5.23/SF
Area
Corpus Christi, TX
Vacancy
7.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
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%
$284,740
Cap Rate 7%
$203,386
Cap Rate 9%
$158,189
Alternative Uses
Best Use
Industrial
$203.4K
$178.0K – $237.3K
NOI $14,237 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.2K
$566.3K – $755.1K
NOI $45,304 @ 7.0% cap · market cap 16.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 78409, TX
2,570
Population
1,013
Households
2.5
Avg Household Size
39
Median Age
14%
College-Educated
75%
High-School Grad
18.4 sq mi
ZIP Area
140
Density / Sq Mi
$62,813
Median Household Income
$33,078
Median Earnings
$986
Median Rent
$133,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Combined land and building asset offered for operational use, renovation, site work, or redevelopment.
Where is this industrial property located?
The property is located at 1814 Lodge Lane Corpus Christi, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Approximately 1.5 acres with an approximately 2,720‑square‑foot existing structure; 1971 construction; Central air conditioning and central electric heating
