Office Building with On-Site
For Sale
$265,000
3458 S Alameda Street, Corpus Christi, TX 78411
A professional office property with parking areas at both the front and rear.
Property Size1,352 SF
Lot Size0.14 Acres
Price / SF$196.01
Days on Market9
Property Features for 3458 S Alameda Street
General Information
Standard status
Active
Size
1,352 SF
Lot size
0.14 Acres
Zoning
ON
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Building Size
1,352 SF
Listing Agency:
Gene Guernsey & Assoc.Realtors
(361) 992-4663
Listed By:
Gene Guernsey · License #0372996
(361) 960-7653
Source:
Exprealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 23 at 9:03AM
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 Gene Guernsey & Assoc.Realtors
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Investment Insights
Based on property information with market context.
This 1,352-square-foot office building occupies a 0.14-acre site and includes two bathrooms. Concrete parking areas are positioned at the front and rear, and the property is served by city water and sewer. The site is zoned ON.
At 3458 S Alameda Street in Corpus Christi, the property sits across from Driscoll Children’s Hospital and near Ocean Drive and downtown.
At 3458 S Alameda Street in Corpus Christi, the property sits across from Driscoll Children’s Hospital and near Ocean Drive and downtown.
Key Highlights
- 1,352‑square‑foot office building on a 0.14‑acre site
- Two bathrooms
- Concrete parking at the front and rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,371
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,420
$387.4K
Cap Rate 7%
$276,729
$276.7K
Cap Rate 9%
$215,233
$215.2K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$30.3K $22.44/SF
− Vacancy
−$4.5K −$3.34/SF
EGI
$25.8K $19.10/SF
− OpEx
−$6.5K −$4.78/SF
NOI
$19.4K $14.33/SF
Area
Corpus Christi, TX
Vacancy
14.87%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,420
Cap Rate 7%
$276,729
Cap Rate 9%
$215,233
Alternative Uses
Best Use
Office B
$276.7K
$242.1K – $322.9K
NOI $19,371 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.7K
$281.5K – $375.3K
NOI $22,519 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 78411, TX
26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A professional office property with parking areas at both the front and rear.
Where is this office building located?
The property is located at 3458 S Alameda Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,352‑square‑foot office building on a 0.14‑acre site; Two bathrooms; Concrete parking at the front and rear
