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Office Building on Corner Lot
For Sale
$375,000

5134 Williams Drive, Corpus Christi, TX 78411

COMMERCIAL - Corpus Christi, TX

Property Size1,540 SF
Lot Size0.25 Acres
Price / SF$243.51
Days on Market204

Property Features for 5134 Williams Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street, Garage
Subdivision Gardendale #3
Lot features Corner Lot
Standard status Active
APN 271100130200
Size 1,540 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description GARDENDALE 3 LT 2O BK 13
Legal Description GARDENDALE 3 LT 2O BK 13

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1953
Floors in Building 1
Roof type Shingle
Listing Agency: Prime Real Estate
Listed By: Tabitha Hogg · License #0455002
Added: Jan 12 Changed: Aug 2 Last Checked: Aug 4 at 4:06AM
MLS# 469841

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.

This office building on a corner lot is zoned CN-1 and includes 4 rooms plus a large reception/waiting room. The space also features a full kitchen and 1.5 baths, along with a storage building at the back of the property. Off-street parking is available, including a 2-car garage. The building was constructed in 1953 and has central electric heating, central air conditioning, and a shingle roof. Public water and public sewer service are connected.

The offering includes 5134 Williams Drive and 5138 Williams Drive on a 0.25-acre lot. With its corner-lot positioning in a high-traffic area, the property may be suitable for a variety of business uses.

The property is offered for sale, and the seller indicates it will also be made available to lease.

Key Highlights

  • Zoned CN‑1 office building on a corner lot at 5134 and 5138 Williams Drive
  • 0.25‑acre lot with a 1,540 SF office building
  • 4 rooms plus a large reception/waiting room and full kitchen with 1.5 baths

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 (±1% cap)
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 (±1% cap)
NOI $25,650 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Butcher Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,565
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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 units - Office building zoned CN-1 with a large reception/waiting area and full kitchen, plus off-street parking and garage.
Where is this office units located?
The property is located at 5134 Williams Drive 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 office building on a corner lot at 5134 and 5138 Williams Drive; 0.25‑acre lot with a 1,540 SF office building; 4 rooms plus a large reception/waiting room and full kitchen with 1.5 baths
More about this property
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