Ayers Street Multi-Use
For Sale
Contact for pricing
6110 Ayers St, Corpus Christi, TX
Multi-use facility on Ayers near Saratoga, built in 2013.
Property Size12,748 SF
Lot Size3.76 Acres
Price / SF$192.19
Days on Market670
Property Features for 6110 Ayers St
General Information
Standard status
Active
Size
12,748 SF
Lot size
3.76 Acres
Property subtype
RETAIL
Listing Agency:
Adame Commercial
(361) 880-5888
Listed By:
Mark Adame, CCIM, SIOR
Source:
Moodyscre
Added: Oct 1, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:42AM
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
Investment Insights
Based on property information with market context.
This multi-use facility is located on Ayers Street near Saratoga. Currently, the facility is used as a large bingo hall and special event center. Constructed in 2013, the building features tilt-wall construction and a complete concrete parking lot. A large pylon sign is available facing Ayers Street. The property has frontage visibility on Ayers and excellent access to Saratoga and the Crosstown Expressway. There is a covered drop-off area. The property's flexible use allows it to be subdivided for multiple users. Excess land is available for expansion. The property size is 12,748 square feet.
Key Highlights
- Prime location on Ayers near Saratoga with excellent access and high visibility
- Flexible use property suitable for multiple purposes or subdivision
- Superior tilt‑wall construction and complete concrete parking lot
Financial Insights For Retail
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 | $229.5k | $18.00 |
| − Vacancy | −$9.2k | −$0.72 |
| EGI | $220.3k | $17.28 |
| − OpEx | −$66.1k | −$5.18 |
| NOI | $154.2k | $12.10 |
12,748 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.20M
$1.93M – $2.57M
NOI $154,200 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,331 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-use facility on Ayers near Saratoga, built in 2013.
Where is this storefront property located?
The property is located at 6110 Ayers St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime location on Ayers near Saratoga with excellent access and high visibility; Flexible use property suitable for multiple purposes or subdivision; Superior tilt‑wall construction and complete concrete parking lot
