Freestanding Flex Building with Roll-Up
For Sale
$1,995,000
2818 Rodd Field Road, Corpus Christi, TX 78414
Freestanding concrete flex building with full storefront glass, a large roll-up door, and a mezzanine for added flexibility.
Property Size7,200 SF
Lot Size0.59 Acres
Price / SF$277.08
Days on Market212
Property Features for 2818 Rodd Field Road
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.59 Acres
Property subtype
Commercial
Building Details
Year Built
2015
Listing Agency:
Mirabal Montalvo & Associates
Listed By:
James Mirabal · License #0481796
(361) 774-4137
Source:
Phyllisbrowning
Added: Mar 20
Changed: Oct 16
Last Checked: Oct 16 at 9:32AM
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 Mirabal Montalvo & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Freestanding concrete flex building built for flexible commercial use, offering approximately 7,200 SF of interior space, including approximately 2,800 SF of mezzanine area. The interior is described as clean and functional with laminate flooring, showroom lighting, and open-span ceilings. Frontage includes full storefront glass, and the property also has a large roll-up door intended to accommodate a variety of applications.
The building sits on a signalized corner of Rodd Field and Saratoga and is supported by approximately 25,525 SF of parking and land area, supporting site access and circulation. The corridor is described as rapidly expanding and is located near Rally Credit Union headquarters, medical offices, retail centers, and dining.
Owner financing is also stated as being considered with 50–60% down at a competitive rate.
The building sits on a signalized corner of Rodd Field and Saratoga and is supported by approximately 25,525 SF of parking and land area, supporting site access and circulation. The corridor is described as rapidly expanding and is located near Rally Credit Union headquarters, medical offices, retail centers, and dining.
Owner financing is also stated as being considered with 50–60% down at a competitive rate.
Key Highlights
- Freestanding concrete commercial building built in 2015 with over 7,200 SF of interior space
- Includes approximately 2,800 SF mezzanine space plus a large roll‑up door for flexible commercial use
- Full storefront glass frontage and showroom lighting with open‑span ceilings and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,122
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,322,440
$2.3M
Cap Rate 7%
$1,658,886
$1.7M
Cap Rate 9%
$1,290,244
$1.3M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$172.8K $24.00/SF
− Vacancy
−$6.9K −$0.96/SF
EGI
$165.9K $23.04/SF
− OpEx
−$49.8K −$6.91/SF
NOI
$116.1K $16.13/SF
Area
ZIP 78414
Vacancy
4.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,322,440
Cap Rate 7%
$1,658,886
Cap Rate 9%
$1,290,244
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.94M
NOI $116,122 @ 7.0% cap · market cap 5.82%
Second Best
Flex RnD
$820.7K
$718.2K – $957.5K
NOI $57,452 @ 7.0% cap · market cap 2.88%
Theoretical Best
Specialty Retail
$1.96M
$1.71M – $2.28M
NOI $136,858 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78414, TX
46,972
Population
20,121
Households
2.3
Avg Household Size
35
Median Age
39%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
3,308
Density / Sq Mi
$96,788
Median Household Income
$56,626
Median Earnings
$1,549
Median Rent
$271,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding concrete flex building with full storefront glass, a large roll-up door, and a mezzanine for added flexibility.
Where is this flex space located?
The property is located at 2818 Rodd Field Road Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Freestanding concrete commercial building built in 2015 with over 7,200 SF of interior space; Includes approximately 2,800 SF mezzanine space plus a large roll‑up door for flexible commercial use; Full storefront glass frontage and showroom lighting with open‑span ceilings and laminate flooring
