Flex Space with Gated
For Sale
$275,500
4058 Lou St, Corpus Christi, TX 78405
Newer commercial facility with offices, production space, a drive-in bay, restrooms, parking, and CG-2 zoning.
Property Size2,100 SF
Days on Market173
Property Features for 4058 Lou St
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Warehouse
Building Details
Building Size
2,100 SF
Year Built
2023
Listing Agency:
Vaden MacLeod Real Estate
Listed By:
Raquel Berger · License #0658184
(361) 728-1838
Source:
National-onerealty
Added: Apr 27
Changed: Oct 15
Last Checked: Oct 15 at 4:57AM
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 Vaden MacLeod Real Estate
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Investment Insights
Based on property information with market context.
This flex property includes a 2,100-square-foot M & R Construction metal building completed in 2023. The interior provides two offices, a 1,075-square-foot production and supply room, an interior restroom, and one large bay measuring 873.6 square feet with a 10-by-10-foot overhead door. Additional features include an exterior restroom with a tiled walk-in shower, mini-split air conditioning, and a concrete parking area with three to four spaces.
The property is positioned at the corner of Airport Road and Lou Street, between Baldwin and Agnes. A gated and fenced yard provides controlled site access, with one primary entrance and two to three other potential future entrances. The site is zoned CG-2 (Commercial General) and is approximately 1.8 miles from IH-37, 3.7 miles from the Port of Corpus Christi, 8.3 miles from Corpus Christi International Airport, and 4.5 miles from the Crosstown Expressway at SPID.
The property is positioned at the corner of Airport Road and Lou Street, between Baldwin and Agnes. A gated and fenced yard provides controlled site access, with one primary entrance and two to three other potential future entrances. The site is zoned CG-2 (Commercial General) and is approximately 1.8 miles from IH-37, 3.7 miles from the Port of Corpus Christi, 8.3 miles from Corpus Christi International Airport, and 4.5 miles from the Crosstown Expressway at SPID.
Key Highlights
- 2,100‑square‑foot M & R Construction metal building completed in 2023
- Gated and fenced yard at the corner of Airport Road and Lou Street
- Two offices, 1,075‑square‑foot production/supply room, and interior restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,113
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,260
$442.3K
Cap Rate 7%
$315,900
$315.9K
Cap Rate 9%
$245,700
$245.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$37.8K $18.00/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$34.0K $16.20/SF
− OpEx
−$11.9K −$5.67/SF
NOI
$22.1K $10.53/SF
Area
Corpus Christi, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,260
Cap Rate 7%
$315,900
Cap Rate 9%
$245,700
Alternative Uses
Best Use
Flex RnD
$315.9K
$276.4K – $368.6K
NOI $22,113 @ 7.0% cap · market cap 8.03%
Second Best
Warehouse
$199.2K
$174.3K – $232.4K
NOI $13,944 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$499.7K
$437.2K – $583.0K
NOI $34,978 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Newer commercial facility with offices, production space, a drive-in bay, restrooms, parking, and CG-2 zoning.
Where is this flex space located?
The property is located at 4058 Lou St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $275,500.
What are key features of this property?
This property features: 2,100‑square‑foot M & R Construction metal building completed in 2023; Gated and fenced yard at the corner of Airport Road and Lou Street; Two offices, 1,075‑square‑foot production/supply room, and interior restroom
