Corner Lot Office
For Sale
$375,000
5134 Williams Dr, Corpus Christi, TX 78411
Office building zoned CN-1 with a large reception/waiting area, full kitchen, and multiple rooms plus parking.
Property Size1,540 SF
Lot Size0.50 Acres
Price / SF$243.51
Days on Market200
Property Features for 5134 Williams Dr
General Information
Standard status
Active
Size
1,540 SF
Lot size
0.50 Acres
Zoning
CN-1
Listing Agency:
Prime Real Estate
(361) 443-8303
Listed By:
Tabitha Hogg · License #0455002
(361) 443-8303
Source:
Exprealty
Added: Jan 12
Changed: Jul 30
Last Checked: Jul 30 at 7:04PM
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 Prime Real Estate
Investment Insights
Based on property information with market context.
Office building on a corner lot, zoned CN-1. The building includes four rooms, a large reception/waiting area, a full kitchen, and 1.5 bathrooms. There is also a storage building in the back, along with a 2-car garage. The property is offered as a package including 5134 and 5138 Williams Dr.
The site is positioned in a high-traffic area and includes lots of parking, supporting a range of business users. The property may also be leased out.
The site is positioned in a high-traffic area and includes lots of parking, supporting a range of business users. The property may also be leased out.
Key Highlights
- Zoned CN‑1
- Corner lot office building
- Four rooms plus large reception/waiting room
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 | $22.44 |
| − Vacancy | −$5.1k | −$3.34 |
| EGI | $29.4k | $19.10 |
| − OpEx | −$7.4k | −$4.78 |
| NOI | $22.1k | $14.33 |
1,540 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$315.2K
$275.8K – $367.7K
NOI $22,064 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.4K
$320.6K – $427.5K
NOI $25,650 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
Explore this area
Business Placement
Demographics for 78411, TX
26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
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 zoned CN-1 with a large reception/waiting area, full kitchen, and multiple rooms plus parking.
Where is this office building located?
The property is located at 5134 Williams Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Zoned CN‑1; Corner lot office building; Four rooms plus large reception/waiting room
