Renovated Retail
For Sale
Contact for pricing
3401 Baldwin Blvd, Corpus Christi, TX 78405
One-story retail property with updated interiors, doors, windows, and layout.
Property Size3,000 SF
Price / SF$233.33
Days on Market49
Property Features for 3401 Baldwin Blvd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
RETAIL
Building Details
Stories
1
Construction
masonry and frame
Listing Agency:
Cravey Real Estate Services, Inc.
(361) 289-5168
Listed By:
Lynann Pinkham · License ##319336
(361) 815-2155
Source:
Moodyscre
Added: Aug 20
Changed: Sep 6
Last Checked: Oct 5 at 6:51PM
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 Cravey Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This one-story retail property contains approximately 3,000 square feet within a masonry and frame structure. The building has a flat roof and rests on a concrete slab. Renovation work included new interior finish-out, doors, windows, and an updated interior layout.
The property is located at 3401 Baldwin Blvd in Corpus Christi, Texas. The site has an irregular configuration and a depth-to-frontage relationship described as adequate.
The property is located at 3401 Baldwin Blvd in Corpus Christi, Texas. The site has an irregular configuration and a depth-to-frontage relationship described as adequate.
Key Highlights
- Approximately 3,000 square feet of retail space
- One‑story masonry and frame construction
- Renovated with new interior finish‑out, doors, windows, and layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,288
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,760
$725.8K
Cap Rate 7%
$518,400
$518.4K
Cap Rate 9%
$403,200
$403.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$2.2K −$0.72/SF
EGI
$51.8K $17.28/SF
− OpEx
−$15.6K −$5.18/SF
NOI
$36.3K $12.10/SF
Area
Corpus Christi, TX
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,760
Cap Rate 7%
$518,400
Cap Rate 9%
$403,200
Alternative Uses
Best Use
Retail
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$713.8K
$624.6K – $832.8K
NOI $49,968 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - One-story retail property with updated interiors, doors, windows, and layout.
Where is this retail space located?
The property is located at 3401 Baldwin Blvd Corpus Christi, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 3,000 square feet of retail space; One‑story masonry and frame construction; Renovated with new interior finish‑out, doors, windows, and layout
