424 N Chaparral St, Corpus Christi, TX
Mixed-use property in revitalizing downtown Corpus Christi with established tenants.
- Added:
- Jul 15, 2025
- Days on Market:
- 339
- Last Refresh:
- May 20 at 9:32 pm
Property Features for 424 N Chaparral St
General Information
- Standard status
- Active
- Size
- 9,165 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing agent James M. Magill License #0675040 (361) 425-1112
Listing office DH Realty Partners | San Antonio (361) 425-1112
Listing date Jul 15, 2025
Source Moodyscre
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 DH Realty Partners | San Antonio
HighLights
- Located in a rapidly revitalizing downtown district with increasing foot traffic and development.
- Strong income‑producing asset with an established tenant base.
- Ideal for portfolio expansion or new investors entering the Corpus Christi market.
- Diverse tenant mix ensures a steady income stream and stability.
- Excellent visibility and proximity to key city landmarks.
- Just 2 blocks from North Shoreline Blvd and Corpus Christi’s bayfront.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.7k | $22.44 |
| − Vacancy | −$30.6k | −$3.34 |
| EGI | $175.1k | $19.10 |
| − OpEx | −$43.8k | −$4.78 |
| NOI | $131.3k | $14.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.3936
- Latitude
- 27.7956