Built-Out Office
For Sale
$250,000
4600 Ocean Drive #101, Corpus Christi, TX 78412
Dual commercial and residential zoning supports flexible property use.
Property Size1,696 SF
Price / SF$147.41
Days on Market83
Property Features for 4600 Ocean Drive #101
General Information
Standard status
Active
Size
1,696 SF
Property subtype
Commercial
Amenities
pool
gym
event space
Building Details
Year Built
1963
Listing Agency:
Keller Williams Coastal Bend
Listed By:
Will Storbeck · License #0722582
(361) 249-4770
Source:
Kmrealestate
Added: Aug 3
Changed: Oct 9
Last Checked: Oct 23 at 3:49AM
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 Keller Williams Coastal Bend
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Investment Insights
Based on property information with market context.
Office Unit 101 in the 4600 Building offers a built-out configuration with two front rooms arranged for reception and waiting functions, two larger rear rooms suitable for conferences, three additional offices, a kitchenette-style pantry, and two full bathrooms with showers. The property was built in 1963 and carries dual commercial and residential zoning, supporting use under either designation or a combination of both.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$21,278
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,560
$425.6K
Cap Rate 7%
$303,971
$304.0K
Cap Rate 9%
$236,422
$236.4K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$34.6K $20.40/SF
− Vacancy
−$6.2K −$3.67/SF
EGI
$28.4K $16.73/SF
− OpEx
−$7.1K −$4.18/SF
NOI
$21.3K $12.55/SF
Area
ZIP 78412
Vacancy
18.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,560
Cap Rate 7%
$303,971
Cap Rate 9%
$236,422
Alternative Uses
Best Use
Office B
$304.0K
$266.0K – $354.6K
NOI $21,278 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.2K
$363.3K – $484.4K
NOI $29,063 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 78412, TX
38,783
Population
16,874
Households
2.3
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
4,510
Density / Sq Mi
$60,509
Median Household Income
$32,154
Median Earnings
$1,242
Median Rent
$188,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Dual commercial and residential zoning supports flexible property use.
Where is this office unit located?
The property is located at 4600 Ocean Drive #101 Corpus Christi, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Built‑out office layout with reception and waiting areas; Two large rear rooms configured for conference use; Three hallway offices plus kitchenette‑style pantry
