Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5826 Bear Ln Corpus Christi, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Shared office space with multiple offices, conference room, and breakroom.

    Type:OFFICE
    Property size:
    2,500 SF
    Lot size:
    4.74 Acres
    Added:
    Sep 30, 2024
    Days on Market:
    573
    Last Refresh:
    Apr 5 at 10:06 pm

    Property Features for 5826 Bear Ln

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    4.74 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5826 Bear Ln Contact us

    We can help!

    Listing Contact
    Joe Casey
    Joe Casey

    Listing agent Joe Casey

    Listing office Adame Commercial

    Listing date Sep 30, 2024

    Source Moodyscre

    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 Adame Commercial

    Overview

    Shared Office Space Available

    This property offers approximately 2,500 square feet of shared office space. The leasable area includes 7 offices, one of which has a private restroom. Shared amenities include a waiting room, conference room, break room, and additional restrooms. Additional yard space is available. The property is conveniently located with easy access to NPID, Highway 44, Interstate 37, and the Crosstown Expressway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    B&S Auto Towing's ... Auto Parts Store Big State Electric ... Electrical Service J and J's Fire ... General Contractor Erh Builders Inc Construction Company

    Suggested Use

    Real Estate Agency Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Pharmacy Department Store Storage Facility Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4767
    Latitude
    27.7648

    Nearby Similar for Lease

    • $3,750/Mo

      High-Traffic Retail/Office Center Space

      Highly visible retail/office space in thriving Corpus Christi Southside.
      2821 Airline Road, Corpus Christi, TX 78414
      View Details
    • $3,150/Mo

      High-Traffic Retail/Office Center Space

      Highly visible retail/office space in thriving Corpus Christi Southside.
      2821 Airline Road, Corpus Christi, TX 78414
      View Details
    • $3,150/Mo

      Retail/Office Space in Corpus Christi

      Highly visible retail/office center in a high-traffic location.
      2821 Airline Road, Corpus Christi, TX 78414
      View Details
    • $2,250/Mo

      Converted Home Zoned Commercial

      Commercial property near Downtown Corpus Christi, ideal for small business.
      939 Ayers Street, Corpus Christi, TX 78404
      View Details
    • $2,881/Mo

      Updated Commercial Space in Calallen

      Updated commercial space with private offices and ample parking.
      14317 Northwest Boulevard, Corpus Christi, TX 78410
      View Details
    • $6,000/Mo

      Flour Bluff Commercial Garage/Shop

      Well-maintained garage/shop ideal for automotive, marine, or light industrial.
      428/434 Anchor Street, Corpus Christi, TX 78418
      View Details
    • $4,500/Mo

      Waterfront Restaurant Opportunity in Corpus

      Remodeled waterfront restaurant with Intracoastal Waterway views for lease.
      4242 Laguna Shores, Corpus Christi, TX 78418
      View Details
    • $8,100/Mo

      Prime Commercial Building on Padre Island

      5,000 sq ft commercial building with high-traffic frontage.
      3225 S Padre Island Drive, Corpus Christi, TX 78415
      View Details
    • $6,500/Mo

      Corpus Christi Industrial Flex Space

      Versatile industrial property with office and warehouse space for lease.
      820 Mcbride, Corpus Christi, TX 78408
      View Details
    • $400/Mo

      Office Suites Near Downtown

      Flexible office suites in central Corpus Christi location for rent.
      3236 Reid Drive, Corpus Christi, TX 78404
      View Details
    • $10,500/Mo

      New Event Center For Lease

      8,410 sq ft event center in prime Corpus Christi location.
      6606 Jefferson, Corpus Christi, TX 78414
      View Details
    • $2,200/Mo

      Functional Commercial Space For Rent

      Commercial space featuring a functional layout with parking.
      4917 Williams Drive, Corpus Christi, TX 78411
      View Details

    FAQs

    What type of property is this?
    Office units - Shared office space with multiple offices, conference room, and breakroom.
    Where is this office units located?
    The property is located at 5826 Bear Ln Corpus Christi, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Approximately 2,500 SF of shared office space.; Convenient location with easy access to NPID, Hwy. 44, IH‑37 & Crosstown Expressway.; 7 total offices, including one with a private restroom.
    (361) 880-5888 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Casey
    Joe Casey
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!