Industrial Warehouse and
For Sale
$1,800,000
6550 Leopard St, Corpus Christi, TX 78409
Gated light-industrial site with a concrete yard and multiple drive-through bays for heavy truck service and fabrication use.
Property Size20,048 SF
Lot Size3.07 Acres
Price / SF$89.78
Days on Market122
Property Features for 6550 Leopard St
General Information
Standard status
Active
Size
20,048 SF
Lot size
3.07 Acres
Property subtype
Industrial Warehouse Fabrication Facility
Zoning
IL (Light Industrial)
Additional Details
Fenced Yard
Yes
Drive-In Doors
3
Building Details
Building Size
20,048 SF
Listing Agency:
Cravey Real Estate Services, Inc.
Listed By:
Matthew Cravey, SIOR, CCIM · License #TX #203443
(361) 877-2463
Source:
Craveyrealestate
Added: Jun 22
Changed: Oct 6
Last Checked: Oct 20 at 6:20PM
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.
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Investment Insights
Based on property information with market context.
Industrial warehouse and fabrication facility built for heavy service workflows, totaling 20,048 SF across three functional structures. The main shop building features dual rows of drive-through bays, supported by a covered canopy work area at the north end. A secondary building includes three roll-up doors, and the rear wash bay facility offers covered and open-air configuration. A storefront/office frontage provides a customer-facing component.
Set on a fully gated 3.07-acre concrete yard along Leopard Street, the site is designed for heavy vehicle circulation and outdoor storage. Multiple drive-through and drive-in configurations support large-truck movement, equipment access, and industrial operational flow.
Zoned IL (Light Industrial), the property is positioned for industrial, fabrication, and service-oriented users seeking a purpose-built yard-and-bay arrangement for repair or fabrication operations.
Set on a fully gated 3.07-acre concrete yard along Leopard Street, the site is designed for heavy vehicle circulation and outdoor storage. Multiple drive-through and drive-in configurations support large-truck movement, equipment access, and industrial operational flow.
Zoned IL (Light Industrial), the property is positioned for industrial, fabrication, and service-oriented users seeking a purpose-built yard-and-bay arrangement for repair or fabrication operations.
Key Highlights
- 20,048 SF industrial warehouse and fabrication facility built in 1962
- Fully gated 3.07‑acre concrete yard for heavy‑vehicle circulation and outdoor storage
- Multiple drive‑through and drive‑in configurations for large trucks, equipment, and industrial workflows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,123
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,662,460
$2.7M
Cap Rate 7%
$1,901,757
$1.9M
Cap Rate 9%
$1,479,144
$1.5M
Market Conditions
NOI Build-Up for 20,048 SF
Gross rent
$168.4K $8.40/SF
− Vacancy
−$11.8K −$0.59/SF
EGI
$156.6K $7.81/SF
− OpEx
−$23.5K −$1.17/SF
NOI
$133.1K $6.64/SF
Area
Corpus Christi, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,662,460
Cap Rate 7%
$1,901,757
Cap Rate 9%
$1,479,144
Alternative Uses
Best Use
Warehouse
$1.90M
$1.66M – $2.22M
NOI $133,123 @ 7.0% cap · market cap 7.40%
Second Best
Industrial
$1.50M
$1.31M – $1.75M
NOI $104,932 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$4.77M
$4.17M – $5.57M
NOI $333,919 @ 7.0% cap · market cap 18.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
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Business Placement
Demographics for 78409, TX
2,570
Population
1,013
Households
2.5
Avg Household Size
39
Median Age
14%
College-Educated
75%
High-School Grad
18.4 sq mi
ZIP Area
140
Density / Sq Mi
$62,813
Median Household Income
$33,078
Median Earnings
$986
Median Rent
$133,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Gated light-industrial site with a concrete yard and multiple drive-through bays for heavy truck service and fabrication use.
Where is this manufacturing property located?
The property is located at 6550 Leopard St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 20,048 SF industrial warehouse and fabrication facility built in 1962; Fully gated 3.07‑acre concrete yard for heavy‑vehicle circulation and outdoor storage; Multiple drive‑through and drive‑in configurations for large trucks, equipment, and industrial workflows
