Flexible Office
5705 Gollihar, Corpus Christi, TX 78412
For Sale
$950,000
CommercialSale, Corpus Christi, TX
Property Size3,971 SF
Lot Size0.60 Acres
Price / SF$239.23
Days on Market51
Property Features for 5705 Gollihar
General Information
Property type
Property subtype
Security features
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
SPowell.com Real Estate
(361) 438-6860
Listed By:
Jonathan Gonzalez · License TX #0696188
(361) 443-2939
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 10 at 11:06PM
MLS# 482686
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.
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Investment Insights
Based on property information with market context.
This 3,971-square-foot office building contains two sections, each laid out with more than seven offices. The sections can function independently or be joined into a larger workspace. One side is occupied by an established tenant, while the other can support owner occupancy or separate use. A recently replaced roof and on-site parking are additional property features. The parcel contains 0.6 acres.
The property fronts Gollihar Road in Corpus Christi, about one block from the Airline Road corridor. Built in 1979, it has stucco construction, central electric heating and cooling, public water, and public sewer. Its two-part office configuration accommodates separate or combined occupancy.
The property fronts Gollihar Road in Corpus Christi, about one block from the Airline Road corridor. Built in 1979, it has stucco construction, central electric heating and cooling, public water, and public sewer. Its two-part office configuration accommodates separate or combined occupancy.
Key Highlights
- 3,971‑square‑foot office building on a 0.6‑acre parcel
- Two sections with 7+ offices on each side; sections can be connected
- One side is occupied by a long‑standing tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,820
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,400
$996.4K
Cap Rate 7%
$711,714
$711.7K
Cap Rate 9%
$553,556
$553.6K
Market Conditions
NOI Build-Up for 3,971 SF
Gross rent
$81.0K $20.40/SF
− Vacancy
−$14.6K −$3.67/SF
EGI
$66.4K $16.73/SF
− OpEx
−$16.6K −$4.18/SF
NOI
$49.8K $12.55/SF
Area
ZIP 78412
Vacancy
18.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,400
Cap Rate 7%
$711,714
Cap Rate 9%
$553,556
Alternative Uses
Best Use
Office B
$711.7K
$622.8K – $830.3K
NOI $49,820 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$972.1K
$850.6K – $1.13M
NOI $68,047 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 78412, TX
38,783
Population
16,874
Households
2.3
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
4,510
Density / Sq Mi
$60,509
Median Household Income
$32,154
Median Earnings
$1,242
Median Rent
$188,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Corpus Christi, TX
Properties on Market for Office buildings in Corpus Christi
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two office sections support separate occupancy or a connected workplace, with one portion currently leased.
Where is this office building located?
The property is located at 5705 Gollihar Corpus Christi, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,971‑square‑foot office building on a 0.6‑acre parcel; Two sections with 7+ offices on each side; sections can be connected; One side is occupied by a long‑standing tenant
