4906 Greenwood Drive, Corpus Christi, TX 78416
COMMERCIAL - Corpus Christi, TX
Property Features for 4906 Greenwood Drive
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 4906 Greenwood Drive in Corpus Christi, TX 78416, within Nueces County. Public remarks note the site’s visibility and placement in a high-traffic area, supporting convenient customer access.
For buyers or operators seeking an active, turn-key automotive service use, this asset provides a ready-to-operate car wash configuration. The offering focuses on taking over an operating business at this specific location, rather than repositioning to a new use.
Key Highlights
- Turnkey, income‑producing carwash business.
- Well‑established cash business.
- Located in a high‑traffic area of Corpus Christi.
Financial Insights For Specialty Retail
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 | $40.9k | $18.00 |
| − Vacancy | −$1.6k | −$0.72 |
| EGI | $39.3k | $17.28 |
| − OpEx | −$9.8k | −$4.32 |
| NOI | $29.5k | $12.96 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78416, TX
Market
Vacancy Rate% for Retail in South region