Newly Built Shopping
For Sale
$5,950,000
2494 County Road 33, Corpus Christi, TX 78415
CommercialSale, Corpus Christi, TX
Property Size24,560 SF
Lot Size2.00 Acres
Price / SF$242.26
Days on Market676
Property Features for 2494 County Road 33
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
Off Street
Subdivision
Laureles Farm Tracts
Lot features
Subdivided
Standard status
Active
APN
425000004720
Size
24,560 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
LAURELES FARM TRACTS 2 ACS OUT OF TR 7 SEC D
Legal Description
LAURELES FARM TRACTS 2 ACS OUT OF TR 7 SEC D
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public, Well
Amenities
turf courtyard with stage
Building Details
Year built
2022
Floors in Building
1
Number of units
10
Listing Agency:
Teifke Real Estate
(512) 870-8184
Listed By:
Giavanna Maddalone · License #0771750
(361) 694-3917
Added: Dec 12, 2024
Changed: Oct 19
Last Checked: Oct 19 at 9:06AM
MLS# 451842
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.
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Investment Insights
Based on property information with market context.
Completed in 2022, this 24,560-square-foot shopping center occupies 2 acres and was constructed with split-face block. The property is fully leased under NNN agreements and includes a turf courtyard with a stage designed for community events. On-site features include off-street parking, electric heating and cooling, and public and well water sources.
The center is positioned at the corner of County Road 33 and the main highway serving the area, directly across from the London School District. The tenant roster includes urgent care, State Farm, a restaurant, coffee shop, pizza venue, children’s play zone, med spa, hair salon, church, pet grooming, ice cream, and boutique retail uses. The property also carries an 8% CAP rate and may accommodate a 1031 exchange strategy.
The center is positioned at the corner of County Road 33 and the main highway serving the area, directly across from the London School District. The tenant roster includes urgent care, State Farm, a restaurant, coffee shop, pizza venue, children’s play zone, med spa, hair salon, church, pet grooming, ice cream, and boutique retail uses. The property also carries an 8% CAP rate and may accommodate a 1031 exchange strategy.
Key Highlights
- 24,560‑square‑foot shopping center on 2 acres
- Constructed in 2022 with split‑face block
- 100% leased with tenants on NNN leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,152
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,663,040
$5.7M
Cap Rate 7%
$4,045,029
$4.0M
Cap Rate 9%
$3,146,133
$3.1M
Market Conditions
NOI Build-Up for 24,560 SF
Gross rent
$442.1K $18.00/SF
− Vacancy
−$37.6K −$1.53/SF
EGI
$404.5K $16.47/SF
− OpEx
−$121.4K −$4.94/SF
NOI
$283.2K $11.53/SF
Area
ZIP 78415
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,663,040
Cap Rate 7%
$4,045,029
Cap Rate 9%
$3,146,133
Alternative Uses
Best Use
Retail
$4.05M
$3.54M – $4.72M
NOI $283,152 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.84M
$5.11M – $6.82M
NOI $409,071 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78415, TX
38,722
Population
15,465
Households
2.5
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
109.2 sq mi
ZIP Area
355
Density / Sq Mi
$53,803
Median Household Income
$31,748
Median Earnings
$1,166
Median Rent
$135,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- London Square Plaza — 1290 FM 43, Corpus Christi, TX 78415
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with NNN tenancy, a courtyard stage, and a diverse mix of service, food, and specialty businesses.
Where is this shopping center located?
The property is located at 2494 County Road 33 Corpus Christi, TX.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 24,560‑square‑foot shopping center on 2 acres; Constructed in 2022 with split‑face block; 100% leased with tenants on NNN leases
