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Industrial-Zoned Flex Space Building
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301 44th St, Corpus Christi, TX 78405

Industrial-zoned flex building providing versatile space for industrial and flex applications.

Property Size34,835 SF
Price / SF$80.38
Days on Market429

Property Features for 301 44th St

General Information

Standard status Active
Size 34,835 SF
Property subtype INDUSTRIAL
Zoning industrial

Building Details

Year Built 1989
Listing Agency: Alamo Commercial Real Estate
Listed By: Evan Jacobson · License #610659
Source: Moodyscre
Added: May 28, 2025 Changed: Jul 30 Last Checked: Jul 30 at 9:17AM

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 industrial-zoned flex space building includes 34,835 square feet of versatile space suited for industrial and flex applications. The building was built in 1989 and is configured to support a range of industrial and flexible operational needs.

Located in Corpus Christi, the property is positioned for industrial and flex users looking for space within the local market.

For tenants and buyers seeking a dedicated flex-oriented facility, this property’s industrial zoning and sizable building footprint are key considerations when evaluating fit and future use.

Key Highlights

  • 34,835 SF flex space building
  • Built in 1989
  • Zoned for industrial use

Financial Insights For Industrial

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 $280.1k $8.04
− Vacancy −$19.6k −$0.56
EGI $260.5k $7.48
− OpEx −$78.1k −$2.24
NOI $182.3k $5.23
34,835 SF · lease $8.04/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$5.24M
$4.59M – $6.11M (±1% cap)
NOI $366,813 @ 7.0% cap · market cap 13.10%
Second Best
Industrial
$2.60M
$2.28M – $3.04M (±1% cap)
NOI $182,328 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$8.29M
$7.25M – $9.67M (±1% cap)
NOI $580,212 @ 7.0% cap · market cap 20.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ja-Mar Roofing & Sheet ... Roofing Company

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78405, TX

14,151
Population
6,068
Households
2.3
Avg Household Size
37
Median Age
4%
College-Educated
62%
High-School Grad
5.1 sq mi
ZIP Area
2,775
Density / Sq Mi
$37,188
Median Household Income
$25,323
Median Earnings
$1,030
Median Rent
$75,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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 - Industrial-zoned flex building providing versatile space for industrial and flex applications.
Where is this flex space 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: 34,835 SF flex space building; Built in 1989; Zoned for industrial use
(210) 504-2969 Call to check price and availability
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