Corpus Christi Warehouse For
For Sale
Contact for pricing
301 44th St, Corpus Christi, TX
34,750 SF warehouse space available for lease.
Property Size34,750 SF
Lot Size1.55 Acres
Price / SF$80.58
Days on Market445
Property Features for 301 44th St
General Information
Standard status
Active
Size
34,750 SF
Lot size
1.55 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 301 44th St Contact us- Floor
- Bldg
- Size
- 34,750 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
301 44th St
- 3to 5 years.
Contact us
Listing Agency:
Alamo Commercial Real Estate
(210) 504-2969
Listed By:
Evan Jacobson · License #610659
Source:
Moodyscre
Added: May 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:31PM
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 Alamo Commercial Real Estate
Investment Insights
Based on property information with market context.
This warehouse property, located in Corpus Christi, TX, offers 34,750 square feet of space. Lease terms are available for three to five years. The property is suitable for warehouse and industrial use.
Key Highlights
- 3 to 5 years (Property Age)
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
$230,747
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
8.24%
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%
$4,614,940
$4.6M
Cap Rate 7%
$3,296,386
$3.3M
Cap Rate 9%
$2,563,856
$2.6M
Market Conditions
NOI Build-Up for 34,750 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
$291.9K $8.40/SF
− Vacancy
−$20.4K −$0.59/SF
EGI
$271.5K $7.81/SF
− OpEx
−$40.7K −$1.17/SF
NOI
$230.7K $6.64/SF
Area
Corpus Christi, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
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%
$4,614,940
Cap Rate 7%
$3,296,386
Cap Rate 9%
$2,563,856
Alternative Uses
Best Use
Warehouse
$3.30M
$2.88M – $3.85M
NOI $230,747 @ 7.0% cap · market cap 8.24%
Second Best
Industrial
$2.60M
$2.27M – $3.03M
NOI $181,883 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$8.27M
$7.23M – $9.65M
NOI $578,796 @ 7.0% cap · market cap 20.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Affordable Mini Storage — 3801 Morgan Ave, Corpus Christi, TX 78405
- Faraday Electric Motors — 102 S Navigation Blvd, Corpus Christi, TX 78405
Frequently Asked Questions
What type of property is this?
Warehouse - 34,750 SF warehouse space available for lease.
Where is this warehouse located?
The property is located at 301 44th St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 3 to 5 years (Property Age)
