Occupied Retail
For Sale
$550,000
5620-5622 Weber, Corpus Christi, TX 78411
CommercialSale, Corpus Christi, TX
Property Size3,900 SF
Lot Size0.34 Acres
Price / SF$141.03
Days on Market234
Property Features for 5620-5622 Weber
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
Carroll Woods #2
Lot features
Level
Standard status
Active
APN
135100010010
Size
3,900 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
CARROLL WOODS UNIT 2 LTS 1 & 2 BK A
Legal Description
CARROLL WOODS UNIT 2 LTS 1 & 2 BK A
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
large parking area
existing signage
Building Details
Year built
1965
Floors in Building
1
Building materials
Stucco
Roof type
Flat
Listing Agency:
Tompkins Young Real Estate
(361) 643-2581
Listed By:
Diana Caldarella · License #0501952
(361) 633-9441
Added: Jan 1
Changed: Aug 19
Last Checked: Aug 23 at 2:06PM
MLS# 480942
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 3,900-square-foot retail property comprises two adjoining suites within a small commercial center. The spaces measure approximately 1,500 square feet and 2,400 square feet, respectively, and are currently occupied by established tenants with long-term rental history. Existing improvements include stucco construction, a flat roof, central air, natural gas heating, public water, and public sewer service. The property was built in 1965.
Located on Weber Road in Corpus Christi, the property includes a large parking area and signage already in place. The 0.34-acre site supports the two-suite retail configuration and provides an established commercial setting for the occupied asset.
Located on Weber Road in Corpus Christi, the property includes a large parking area and signage already in place. The 0.34-acre site supports the two-suite retail configuration and provides an established commercial setting for the occupied asset.
Key Highlights
- 3,900 SF combined across two adjoining suites
- Approximately 1,500 SF and 2,400 SF suite sizes
- Currently occupied by established tenants
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,174
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,480
$943.5K
Cap Rate 7%
$673,914
$673.9K
Cap Rate 9%
$524,156
$524.2K
Market Conditions
NOI Build-Up for 3,900 SF
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.
Gross rent
$70.2K $18.00/SF
− Vacancy
−$2.8K −$0.72/SF
EGI
$67.4K $17.28/SF
− OpEx
−$20.2K −$5.18/SF
NOI
$47.2K $12.10/SF
Area
Corpus Christi, TX
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,480
Cap Rate 7%
$673,914
Cap Rate 9%
$524,156
Alternative Uses
Best Use
Retail
$673.9K
$589.7K – $786.2K
NOI $47,174 @ 7.0% cap · market cap 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.0K
$812.0K – $1.08M
NOI $64,958 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Under-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Two adjoining commercial suites provide an established tenant base, on-site parking, and existing signage within a small retail center.
Where is this shopping center located?
The property is located at 5620-5622 Weber Corpus Christi, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,900 SF combined across two adjoining suites; Approximately 1,500 SF and 2,400 SF suite sizes; Currently occupied by established tenants
