Industrial Flex Property with
For Sale
$580,000
2977 CR 37, Corpus Christi, TX 78417
COMMERCIAL - Corpus Christi, TX
Property Size6,624 SF
Lot Size6.71 Acres
Price / SF$87.56
Days on Market246
Property Features for 2977 CR 37
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OCL
Zoning description
OCL
Parking features
Garage
Subdivision
Bishop & Blocker
Lot features
Interior Lot, Level
Standard status
Active
APN
070100170010
Size
6,624 SF
Lot size
6.71 Acres
Taxes and HOA fees
Tax Description
BISHOP AND BLOCKER LT 1 BLK 17 & 18
Legal Description
BISHOP AND BLOCKER LT 1 BLK 17 & 18
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Building materials
Brick
Roof type
Shingle
Listing Agency:
Gene Guernsey & Assoc.Realtors
(361) 992-4663
Listed By:
Gene Guernsey · License #0372996
(361) 960-7653
Added: Dec 1, 2025
Changed: Jul 29
Last Checked: Aug 4 at 1:06PM
MLS# 468069
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 versatile industrial flex property sits on a 6.71-acre site and includes multiple structures. A standout component is a large garage with five full-size roll-up doors, suited for storage, equipment housing, workshop use, and related operational space. The property also includes a single-story building that can function as office space or be repurposed to support additional work/live and commercial activity. Residential improvements are also present, including a larger house with five bathrooms and four bedrooms, plus a front house with two bathrooms and three bedrooms.
The property is located outside city limits under OCL zoning. Access is described via Via Jurica Rd/CR37, with convenient connection to Saratoga and FM 665, also referred to as Old Brownsville Rd.
Site services include a septic system. The offering is positioned for users seeking space for contractors, service companies, equipment yards, light industrial operations, and mixed-use work/live configurations.
The property is located outside city limits under OCL zoning. Access is described via Via Jurica Rd/CR37, with convenient connection to Saratoga and FM 665, also referred to as Old Brownsville Rd.
Site services include a septic system. The offering is positioned for users seeking space for contractors, service companies, equipment yards, light industrial operations, and mixed-use work/live configurations.
Key Highlights
- 6.71‑acre OCL site with multiple structures and potential for expanded uses
- Two residences: big house has 4 bedrooms and 5 bathrooms; front house has 3 bedrooms and 2 bathrooms
- Large garage with five full‑size roll‑up doors for storage, equipment housing, and workshops
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.6k | $8.40 |
| − Vacancy | −$3.9k | −$0.59 |
| EGI | $51.7k | $7.81 |
| − OpEx | −$7.8k | −$1.17 |
| NOI | $44.0k | $6.64 |
6,624 SF · lease $8.40/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$996.4K
$871.9K – $1.16M
NOI $69,751 @ 7.0% cap · market cap 12.03%
Second Best
Warehouse
$628.4K
$549.8K – $733.1K
NOI $43,985 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,329 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78417, TX
4,482
Population
1,627
Households
2.8
Avg Household Size
34
Median Age
10%
College-Educated
70%
High-School Grad
9.3 sq mi
ZIP Area
482
Density / Sq Mi
$53,941
Median Household Income
$33,739
Median Earnings
$1,186
Median Rent
$133,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile multi-structure site with a large garage featuring five full-size roll-up doors and an on-site septic system.
Where is this flex space located?
The property is located at 2977 CR 37 Corpus Christi, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 6.71‑acre OCL site with multiple structures and potential for expanded uses; Two residences: big house has 4 bedrooms and 5 bathrooms; front house has 3 bedrooms and 2 bathrooms; Large garage with five full‑size roll‑up doors for storage, equipment housing, and workshops
