Office Building on Two-Lot
For Sale
$525,000
5125 Carroll Lane, Corpus Christi, TX 78415
SINGLE_FAMILY - Corpus Christi, TX
Property Size2,626 SF
Lot Size0.19 Acres
Price / SF$199.92
Days on Market117
Property Features for 5125 Carroll Lane
General Information
Property type
Residential
Property subtype
Office
Parking features
Off Street
Subdivision
Lexington Plaza Annex A
Lot features
Interior Lot, Landscaped, Level
Standard status
Active
APN
444000020050
Size
2,626 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
LEXINGTON PLAZA ANNEX A BLK 2 LOT 5 5129 CARROLL LN LEXINGTON PLAZA ANNEX A LT 6 BK 2
Legal Description
LEXINGTON PLAZA ANNEX A BLK 2 LOT 5 5129 CARROLL LN LEXINGTON PLAZA ANNEX A LT 6 BK 2
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Building materials
Block
Roof type
Flat
Listing Agency:
Corpus Christi Realty Group
(361) 992-8400
Listed By:
Roberto Gonzalez · License #0450630
(361) 960-5223
Added: Apr 10
Changed: Aug 2
Last Checked: Aug 4 at 6:06AM
MLS# 472904
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
5125 Carroll Lane is an office building on two lots totaling 108ft x 135ft, offered as a flexible commercial space. The building is constructed of block and features central electric heating, central air conditioning, a flat roof, and off-street parking. Public water and public sewer services are in place.
The property is located just a half-block from SPID in Corpus Christi (78415). Zoning supports a range of uses, including general retail, professional offices, medical clinics, and restaurants, giving owners multiple options for occupancy or tenanting.
Historically, the property was operated as a print shop and a security alarm office. The lot layout provides room to accommodate a drive-thru service, which may be beneficial for an owner-occupant or a rental configuration.
The property is located just a half-block from SPID in Corpus Christi (78415). Zoning supports a range of uses, including general retail, professional offices, medical clinics, and restaurants, giving owners multiple options for occupancy or tenanting.
Historically, the property was operated as a print shop and a security alarm office. The lot layout provides room to accommodate a drive-thru service, which may be beneficial for an owner-occupant or a rental configuration.
Key Highlights
- Two‑lot site totaling 108ft x 135ft
- Just a half‑block from SPID
- Zoned for general retail, professional offices, medical clinics, and restaurants
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 | $58.6k | $22.32 |
| − Vacancy | −$8.7k | −$3.32 |
| EGI | $49.9k | $19.00 |
| − OpEx | −$12.5k | −$4.75 |
| NOI | $37.4k | $14.25 |
2,626 SF · lease $22.32/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$534.6K
$467.8K – $623.7K
NOI $37,423 @ 7.0% cap · market cap 7.13%
Second Best
Retail
$432.5K
$378.4K – $504.6K
NOI $30,275 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$624.8K
$546.7K – $729.0K
NOI $43,739 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 78415, TX
38,722
Population
15,465
Households
2.5
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
109.2 sq mi
ZIP Area
355
Density / Sq Mi
$53,803
Median Household Income
$31,748
Median Earnings
$1,166
Median Rent
$135,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building on a two-lot site with flexible zoning for multiple commercial and medical uses near SPID.
Where is this office building located?
The property is located at 5125 Carroll Lane Corpus Christi, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑lot site totaling 108ft x 135ft; Just a half‑block from SPID; Zoned for general retail, professional offices, medical clinics, and restaurants
