Cold Storage Warehouse with Loading
338 W 44th Street, Corpus Christi, TX 78405
For Sale
New
$795,000
CommercialSale, Corpus Christi, TX
Property Size9,060 SF
Lot Size1.00 Acre
Price / SF$87.75
Days on Market5
Property Features for 338 W 44th Street
General Information
Property type
Property subtype
Parking
Parking features
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Listing Agency:
Summer Port Realty
(361) 947-7253
Listed By:
Al Ayala · License TX #0418290
(361) 510-6172
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 10 at 10:06AM
MLS# 485003
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.
The 9,060-square-foot property combines warehouse and office space with loading docks, three separate industrial walk-in refrigerators and an industrial ice maker. Built in 1989, the building has central air conditioning and electric and central heating. Public water and sewer serve the property.
The site totals 1 acre and includes neighboring land that can be used for parking semi-trucks or developed. Off-street parking is also listed among the property features.
The site totals 1 acre and includes neighboring land that can be used for parking semi-trucks or developed. Off-street parking is also listed among the property features.
Key Highlights
- 9,060‑square‑foot warehouse and office building
- Three separate industrial walk‑in refrigerators
- Industrial ice maker unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,160
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,200
$1.2M
Cap Rate 7%
$859,429
$859.4K
Cap Rate 9%
$668,444
$668.4K
Market Conditions
NOI Build-Up for 9,060 SF
Gross rent
$76.1K $8.40/SF
− Vacancy
−$5.3K −$0.59/SF
EGI
$70.8K $7.81/SF
− OpEx
−$10.6K −$1.17/SF
NOI
$60.2K $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 Rate 5%
$1,203,200
Cap Rate 7%
$859,429
Cap Rate 9%
$668,444
Alternative Uses
Best Use
Warehouse
$859.4K
$752.0K – $1.00M
NOI $60,160 @ 7.0% cap · market cap 7.57%
Second Best
Industrial
$677.4K
$592.8K – $790.3K
NOI $47,420 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $150,903 @ 7.0% cap · market cap 18.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Refrigerated industrial space includes dedicated cold-storage equipment and adjacent land for parking or development.
Where is this refrigerated & cold storage located?
The property is located at 338 W 44th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 9,060‑square‑foot warehouse and office building; Three separate industrial walk‑in refrigerators; Industrial ice maker unit
