4818 Gemini St, Corpus Christi, TX
Warehouse with office space, storage, and extra parking.
Property Features for 4818 Gemini St
General Information
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Investment Insights
Based on property information with market context.
Key Highlights
- 3,300 sq/ft of warehouse space featuring a restroom and secured toolroom
- Multiple office spaces: three downstairs and two large rooms upstairs
- Additional property allows for extra parking on site
Financial Insights For Warehouse
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 | $30.2k | $8.40 |
| − Vacancy | −$2.1k | −$0.59 |
| EGI | $28.1k | $7.81 |
| − OpEx | −$4.2k | −$1.17 |
| NOI | $23.9k | $6.64 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Market
Average Price Trend$/SF for Warehouses in Corpus Christi, TX
Properties on Market for Warehouses in Corpus Christi
Vacancy Rate% for Office in South region
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