Flex Warehouse with Office
6654 Leopard St Corpus Christi, TX 78409
6654 Leopard St, Corpus Christi, TX, 78409
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For Sale
Contact for pricing
Renovated office space paired with warehouse facilities, overhead doors, bridge cranes, and a partially stabilized yard.
Property Size6,800 SF
Lot Size0.50 Acres
Price / SF$189.34
Days on Market160
Property Features for 6654 Leopard St
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Lot size
- 0.50 Acres
- Property subtype
- Industrial
Listing agency
New Southern Commercial Real Estate
(361) 834-6333
Listed by
Wade Spenst · License #TX 0677021
Source
Crexi
Added: Feb 11 Updated: Jul 20 at 9:17PM Checked: Jul 21 at 9:34AM
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 New Southern Commercial Real Estate
Investment Insights
Based on property information with market context.
6654 Leopard St includes two separate structures configured for office and warehouse use. Building 1 offers renovated office space built in 2024, with five large offices, a break room, and a reception area, plus a warehouse component featuring three large overhead doors, a warehouse bathroom, and a 5-ton bridge crane with a 10-foot hook height.
Building 2 provides additional warehouse space with four large overhead doors and a manual bridge crane. The property also includes a partially stabilized half-acre yard to support loading, staging, or outdoor work needs, as described in the available materials. Located at 6654 Leopard Street in Corpus Christi, Texas 78409.
Building 2 provides additional warehouse space with four large overhead doors and a manual bridge crane. The property also includes a partially stabilized half-acre yard to support loading, staging, or outdoor work needs, as described in the available materials. Located at 6654 Leopard Street in Corpus Christi, Texas 78409.
Key Highlights
- Building 1 offers 1,000 SF of renovated office space (2024) with 5 large offices plus break room and reception
- Building 1 includes 4,000 SF warehouse with 3 large overhead doors and a warehouse bathroom
- Building 1 has a 5‑ton bridge crane with 10‑ft hook height
Local Financial Insights For Office B
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 | $152.6k | $22.44 |
| − Vacancy | −$22.7k | −$3.34 |
| EGI | $129.9k | $19.10 |
| − OpEx | −$32.5k | −$4.78 |
| NOI | $97.4k | $14.33 |
6,800 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,426 @ 7.0% cap · market cap 7.57%
Second Best
Flex RnD
$1.02M
$895.1K – $1.19M
NOI $71,604 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,261 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Renovated office space paired with warehouse facilities, overhead doors, bridge cranes, and a partially stabilized yard.
Where is this flex space located?
The property is located at 6654 Leopard St Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,287,500.
What are key features of this property?
This property features: Building 1 offers 1,000 SF of renovated office space (2024) with 5 large offices plus break room and reception; Building 1 includes 4,000 SF warehouse with 3 large overhead doors and a warehouse bathroom; Building 1 has a 5‑ton bridge crane with 10‑ft hook height
