Fully Built-Out Commercial
For Sale
$319,000
602 Nas Drive, Corpus Christi, TX 78418
CommercialSale, Corpus Christi, TX
Property Size1,938 SF
Lot Size0.10 Acres
Price / SF$164.60
Days on Market164
Property Features for 602 Nas Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Flour Bluff Estates #2
Lot features
Corner Lot
Standard status
Active
APN
248700030100
Size
1,938 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
FLOUR BLUFF ESTATES #2 BLK 3 LOT 10A
Legal Description
FLOUR BLUFF ESTATES #2 BLK 3 LOT 10A
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Water source
Public
Amenities
complete commercial kitchen
vent hood system
Ansel fire suppression
walk-in cooler
reach-in refrigeration
48" fryer
dishwasher
3-compartment sink
new grease trap
200 amp electrical service
new water meter line
mini split HVAC
furniture
custom rustic buildout
ADA-compliant restroom
2 restrooms total
Building Details
Year built
1994
Floors in Building
1
Roof type
Shingle
Listing Agency:
Keller Williams Coastal Bend · Keller Williams Realty
(361) 225-7900
Listed By:
Will Storbeck · License #0722582
(361) 249-4770
Added: Apr 27
Changed: Sep 14
Last Checked: Oct 7 at 12:06PM
MLS# 475358
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 1,938-square-foot property in Flour Bluff has undergone a complete renovation and is equipped for retail, studio, office, or restaurant use. The interior includes a commercial kitchen with a vent hood and Ansel fire-suppression system, walk-in cooler with interior refrigerator, reach-in refrigeration, 48-inch fryer, dishwasher, and three-compartment sink. Furniture and the custom rustic buildout are included, along with two restrooms, one ADA compliant.
Building improvements include a new grease trap, 200-amp electrical service, new water-meter line, and mini-split HVAC. Public water and public sewer serve the property. The building was constructed in 1994 and has a shingle roof. Final city clearance for a future COO will be provided.
Building improvements include a new grease trap, 200-amp electrical service, new water-meter line, and mini-split HVAC. Public water and public sewer serve the property. The building was constructed in 1994 and has a shingle roof. Final city clearance for a future COO will be provided.
Key Highlights
- 1,938‑square‑foot fully renovated building
- Commercial kitchen with vent hood and Ansel fire suppression
- Walk‑in cooler, reach‑in refrigeration, 48‑inch fryer, dishwasher, and three‑compartment sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,814
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,280
$516.3K
Cap Rate 7%
$368,771
$368.8K
Cap Rate 9%
$286,822
$286.8K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$37.2K $19.20/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$34.4K $17.76/SF
− OpEx
−$8.6K −$4.44/SF
NOI
$25.8K $13.32/SF
Area
ZIP 78418
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,280
Cap Rate 7%
$368,771
Cap Rate 9%
$286,822
Alternative Uses
Best Use
Specialty Retail
$368.8K
$322.7K – $430.2K
NOI $25,814 @ 7.0% cap · market cap 8.09%
Second Best
Industrial
$185.4K
$162.2K – $216.3K
NOI $12,979 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$740.8K
$648.2K – $864.3K
NOI $51,859 @ 7.0% cap · market cap 16.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 78418, TX
31,787
Population
16,171
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
73.3 sq mi
ZIP Area
434
Density / Sq Mi
$91,443
Median Household Income
$51,914
Median Earnings
$1,301
Median Rent
$274,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Renovated space includes commercial food-service equipment, two restrooms, and a custom rustic interior.
Where is this commercial kitchen located?
The property is located at 602 Nas Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 1,938‑square‑foot fully renovated building; Commercial kitchen with vent hood and Ansel fire suppression; Walk‑in cooler, reach‑in refrigeration, 48‑inch fryer, dishwasher, and three‑compartment sink
