Freestanding Flex Space with Two Drive-In
For Sale
$1,500,000
5202 Ayers Street, Corpus Christi, TX 78415
Freestanding flex building on a 0.95-acre corner lot with central air and two drive-in grade-level loading doors.
Property Size10,580 SF
Lot Size0.95 Acres
Price / SF$141.78
Days on Market9
Property Features for 5202 Ayers Street
General Information
Standard status
Active
Size
10,580 SF
Lot size
0.95 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
2
Amenities
Central Air
Corner Lot.
Asphalt, Concrete Driveway.
Level
Corner, Asphalt, Level.
Building Details
Year Built
1980
Buildings
1
Building Size
10,580 SF
Listing Agency:
Corpus Christi Realty Group
(361) 960-5223
Listed By:
Roberto Gonzalez · License #0450630
(361) 960-5223
Source:
Xome
Added: Jul 22
Changed: Jul 30
Last Checked: Jul 30 at 8:07AM
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 Corpus Christi Realty Group
Investment Insights
Based on property information with market context.
Freestanding flex space totaling 10,580 SF, built in 1980, positioned on a 0.95-acre corner lot. The building includes central air and a highly functional layout designed for loading and inventory management, with two drive-in grade-level doors. Site improvements include an asphalt surface with a concrete driveway, level topography, and an expansive asphalt parking lot with a 3.78/1,000 SF parking ratio. No pool.
The property is located at 5202 Ayers St., directly on a major thoroughfare and just seconds away from the Crosstown Expressway (TX-286), supporting both customer access and regional logistics.
The combination of freestanding flexibility, drive-in loading, and parking makes the site suitable for a range of business operations, including general retail, medical practices, corporate headquarters, or food service.
The property is located at 5202 Ayers St., directly on a major thoroughfare and just seconds away from the Crosstown Expressway (TX-286), supporting both customer access and regional logistics.
The combination of freestanding flexibility, drive-in loading, and parking makes the site suitable for a range of business operations, including general retail, medical practices, corporate headquarters, or food service.
Key Highlights
- 10,580 SF freestanding flex building built in 1980
- 0.95‑acre corner lot with level site and asphalt improvements
- Two drive‑in grade‑level doors for loading and inventory management
Financial Insights For Healthcare Medical
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 | $222.2k | $21.00 |
| − Vacancy | −$24.4k | −$2.31 |
| EGI | $197.7k | $18.69 |
| − OpEx | −$79.1k | −$7.48 |
| NOI | $118.6k | $11.21 |
10,580 SF · lease $21.00/SF/yr · vacancy 11.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.15M
$1.88M – $2.51M
NOI $150,773 @ 7.0% cap · market cap 10.05%
Second Best
Healthcare Medical
$1.69M
$1.48M – $1.98M
NOI $118,644 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,220 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Under-served
Demand for This Use
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.
Similar Off Market Nearby
- JalaPeña's Salsa & Catering — 2729 S Padre Island Dr, Corpus Christi, TX 78415
- Mo Meaux's Kitchen — 1933 S Padre Island Dr, Corpus Christi, TX 78416
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding flex building on a 0.95-acre corner lot with central air and two drive-in grade-level loading doors.
Where is this flex space located?
The property is located at 5202 Ayers Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,580 SF freestanding flex building built in 1980; 0.95‑acre corner lot with level site and asphalt improvements; Two drive‑in grade‑level doors for loading and inventory management
