Office Building with On-Site
For Sale
$265,000
3458 S Alameda St, Corpus Christi, TX 78411
ON zoning and city water and sewer service are among the property’s established features.
Property Size1,352 SF
Lot Size0.14 Acres
Price / SF$196.01
Days on Market21
Property Features for 3458 S Alameda St
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: Nov 4
Last Checked: Nov 4 at 2:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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 is available at both the front and rear of the building, and the property is served by city water and sewer. Its ON zoning is identified for potential office or professional uses.
The property is across from Driscoll Children’s Hospital, with Ocean Drive and downtown also nearby.
The property is across from Driscoll Children’s Hospital, with Ocean Drive and downtown also nearby.
Key Highlights
- 1,352‑square‑foot office building on a 0.14‑acre site
- Two bathrooms
- Concrete parking at both 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - ON zoning and city water and sewer service are among the property’s established features.
Where is this office building located?
The property is located at 3458 S Alameda St 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 both the front and rear
