4600 Ocean Dr 101, Corpus Christi, TX 78412
Dual commercial and residential zoning supports flexible property use.
Property Features for 4600 Ocean Dr 101
General Information
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Ownership includes access to a pool, gym, and event room that can be reserved for private use. Exterior maintenance is covered through the HOA. The property is located at 4600 Ocean Dr in Corpus Christi, Texas.
Key Highlights
- Built‑out office layout with reception and waiting areas
- Two large rear rooms configured for conference use
- Three hallway offices plus kitchenette‑style pantry
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 | $34.6k | $20.40 |
| − Vacancy | −$6.2k | −$3.67 |
| EGI | $28.4k | $16.73 |
| − OpEx | −$7.1k | −$4.18 |
| NOI | $21.3k | $12.55 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 78412, TX
Market
Vacancy Rate% for Office in South region