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Remodeled Two-Story Light Industrial Office

601-605 Omaha Drive Corpus Christi, TX 78408

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Remodeled two-story office building with light-industrial zoning and ample parking for tenant and client use.

Type:Office, Industrial
Property size:
6,225 SF
Price / SF:
$96.31/SF
Added:
Jul 1, 2026
Days on Market:
14
Last Refresh:
Jul 4 at 5:15 am

Property Features for 601-605 Omaha Drive

General Information

Standard status
Active
Size
6,225 SF
Property subtype
Office, Industrial

Building Details

Year Built
1973

Listing office Cravey Real Estate Services Inc

Listing date Jul 1, 2026

Source Crexi

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 Cravey Real Estate Services Inc


Investment Insights

Based on property information with market context.

This remodeled +/- 6,225 SF two-story office building is designed to support a flexible work environment. The space includes a substantial 10' eave height and a 28' ridge height, along with a 560 SF canopy that can help protect vehicles, materials, or exterior activity. The property also has approximately 108' of frontage along the west line of Omaha Drive. On-site improvements include a 6,252 SF parking lot, and the building sits on an 18,500 SF lot with dimensions noted in the listing.

Utilities are described as available through the City of Corpus Christi, with water, gas, and wastewater services supported for operational needs. The site is noted as not being located in Flood Zone C, and the listing states there are no known detrimental easements or encroachments impacting usability. The surrounding area is characterized by distribution offices, warehouses, and light fabrication facilities, consistent with a service-oriented industrial environment.

Zoned I-2, Light Industrial, the property offers a practical fit for businesses that need office support alongside light industrial capabilities. The combination of two-story office layout, ceiling heights, exterior canopy area, and on-site parking can be useful for tenant operations that require both administrative space and functional work areas.

Key Highlights

  • Remodeled 2‑story office building with approx. 6,225 SF and 10' eave height plus 28' ridge height
  • Zoned I‑2 (Light Industrial) with approx. 108' frontage along Omaha Drive
  • Lot size of 18,500 SF (108.4' x 190' x 76' x 200') with a 560 SF canopy

Local Financial Insights For Warehouse

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 $52.3k $8.40
− Vacancy −$3.7k −$0.59
EGI $48.6k $7.81
− OpEx −$7.3k −$1.17
NOI $41.3k $6.64
6,225 SF · lease $8.40/SF/yr · vacancy 7.00% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.27M
$1.11M – $1.49M (±1% cap)
NOI $89,188 @ 7.0% cap · market cap 14.88%
Second Best
Flex RnD
$936.4K
$819.4K – $1.09M (±1% cap)
NOI $65,549 @ 7.0% cap · market cap 10.93%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,684 @ 7.0% cap · market cap 17.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Hair Salon Dental Office Pharmacy Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Grocery & Convenience Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Flex space - Remodeled two-story office building with light-industrial zoning and ample parking for tenant and client use.
Where is this flex space located?
The property is located at 601-605 Omaha Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Remodeled 2‑story office building with approx. 6,225 SF and 10' eave height plus 28' ridge height; Zoned I‑2 (Light Industrial) with approx. 108' frontage along Omaha Drive; Lot size of 18,500 SF (108.4' x 190' x 76' x 200') with a 560 SF canopy
Contact an agent
(361) 289-5168 Call to check price and availability
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