Flex Space with Warehouse
For Sale
$695,000
3801 Saturn, Corpus Christi, TX 78413
Industrial and office configuration supports warehouse, administrative, and tenant-income functions.
Property Size5,184 SF
Price / SF$134.07
Days on Market56
Property Features for 3801 Saturn
General Information
Standard status
Active
Size
5,184 SF
Property subtype
Commercial
Building Details
Year Built
1997
Listing Agency:
First Texas Realty
(361) 592-8226
Listed By:
Homecity Real Estate
(361) 792-0222
Source:
Homecity
Added: Aug 22
Changed: Oct 15
Last Checked: Oct 14 at 10:32PM
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 First Texas Realty
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Investment Insights
Based on property information with market context.
This 5,184-square-foot flex property combines high-clearance warehouse space with multiple bay doors and flexible office suites. The configuration accommodates warehouse operations alongside administrative functions, with ample parking and drive-through access for larger vehicles. Built in 1997, the property is positioned on a prominent corner lot with dual entry points and visibility along Saturn Road in Corpus Christi’s Southside. The site is described as income-producing and currently includes tenant income, while the warehouse and office layout provides flexibility for industrial, logistics, manufacturing, or service-oriented operations.
Key Highlights
- 5,184‑square‑foot flex property with warehouse and office space
- High‑clearance warehouse area with multiple bay doors
- Flexible office suites for administrative use or tenant income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,476
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,520
$749.5K
Cap Rate 7%
$535,371
$535.4K
Cap Rate 9%
$416,400
$416.4K
Market Conditions
NOI Build-Up for 5,184 SF
Gross rent
$46.7K $9.00/SF
− Vacancy
−$2.6K −$0.50/SF
EGI
$44.1K $8.50/SF
− OpEx
−$6.6K −$1.28/SF
NOI
$37.5K $7.23/SF
Area
ZIP 78413
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,520
Cap Rate 7%
$535,371
Cap Rate 9%
$416,400
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,820 @ 7.0% cap · market cap 11.77%
Second Best
Warehouse
$535.4K
$468.5K – $624.6K
NOI $37,476 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,720 @ 7.0% cap · market cap 19.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78413, TX
37,531
Population
15,501
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,751
Density / Sq Mi
$71,624
Median Household Income
$44,342
Median Earnings
$1,321
Median Rent
$230,900
Median Home Value
Check the figures for this property
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?
Flex space - Industrial and office configuration supports warehouse, administrative, and tenant-income functions.
Where is this flex space located?
The property is located at 3801 Saturn Corpus Christi, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5,184‑square‑foot flex property with warehouse and office space; High‑clearance warehouse area with multiple bay doors; Flexible office suites for administrative use or tenant income
