Former Bank Building with
For Sale
$2,000,000
5875 Weber, Corpus Christi, TX 78413
CommercialSale, Corpus Christi, TX
Property Size6,700 SF
Lot Size1.46 Acres
Price / SF$298.51
Days on Market735
Property Features for 5875 Weber
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Carolyn Heights #1
Lot features
Corner Lot
Standard status
Active
APN
128400020040
Size
6,700 SF
Lot size
1.46 Acres
Taxes and HOA fees
Tax Description
CAROLYN HGTS #1 LTS 4 THRU 6 BLK 2
Legal Description
CAROLYN HGTS #1 LTS 4 THRU 6 BLK 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Listing Agency:
Cobb, Lundquist & Atnip, Inc.
(361) 854-4448
Listed By:
Cliff Atnip · License #0415947
(361) 510-4232
Added: Aug 28, 2024
Changed: Aug 19
Last Checked: Sep 1 at 12:06AM
MLS# 447524
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.
Former bank building located at 5875 Weber Rd., featuring an approximately 5,600-square-foot main building and an approximately 1,100-square-foot drive-thru area. The property includes an original vault and safety deposit boxes, and there are some existing furniture items that may convey with the space.
Zoned CG-2 Commercial General 2, the building can be used for banking or adapted for professional office use, depending on the intended concept. The drive-thru area provides a dedicated component that can support customer service windows or drive-through convenience for businesses that require that functionality.
Set on an approximately 1.46-acre lot with a total listed property size of 6,700 square feet, this offering combines a secure, bank-built interior feature set with a practical service drive-through component.
Zoned CG-2 Commercial General 2, the building can be used for banking or adapted for professional office use, depending on the intended concept. The drive-thru area provides a dedicated component that can support customer service windows or drive-through convenience for businesses that require that functionality.
Set on an approximately 1.46-acre lot with a total listed property size of 6,700 square feet, this offering combines a secure, bank-built interior feature set with a practical service drive-through component.
Key Highlights
- Former bank building featuring an existing vault and safety deposit boxes.
- Drive‑thru area (approx. 1,100 sq. ft.) offers unique business opportunities.
- Zoned CG‑2 Commercial General 2, ideal for a bank or professional office.
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
$105,747
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
5.29%
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%
$2,114,940
$2.1M
Cap Rate 7%
$1,510,671
$1.5M
Cap Rate 9%
$1,174,967
$1.2M
Market Conditions
NOI Build-Up for 6,700 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
$165.6K $24.72/SF
− Vacancy
−$24.6K −$3.68/SF
EGI
$141.0K $21.04/SF
− OpEx
−$35.2K −$5.26/SF
NOI
$105.7K $15.78/SF
Area
ZIP 78413
Vacancy
14.87%
Lease Rate
$24.72 /SF/Yr
Expense Ratio
25.00%
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%
$2,114,940
Cap Rate 7%
$1,510,671
Cap Rate 9%
$1,174,967
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,747 @ 7.0% cap · market cap 5.29%
Second Best
Specialty Retail
$1.04M
$906.4K – $1.21M
NOI $72,511 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,994 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 78413, TX
37,531
Population
15,501
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,751
Density / Sq Mi
$71,624
Median Household Income
$44,342
Median Earnings
$1,321
Median Rent
$230,900
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.
Frequently Asked Questions
What type of property is this?
Bank - Former bank building offering a main structure with drive-thru service and an original vault with safety deposit boxes.
Where is this bank located?
The property is located at 5875 Weber Corpus Christi, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Former bank building featuring an existing vault and safety deposit boxes.; Drive‑thru area (approx. 1,100 sq. ft.) offers unique business opportunities.; Zoned CG‑2 Commercial General 2, ideal for a bank or professional office.
