Flex Warehouse and Office
6704 Ranger Corpus Christi, TX 78415
For Sale
$2,100,000
Two commercial buildings totaling 10,000 sq ft include offices, restrooms, storage, and warehouse areas with overhead doors.
Property Size10,000 SF
Lot Size4.14 Acres
Price / SF$210
Days on Market385
Property Features for 6704 Ranger
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 4.14 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1996
Listing Agency:
Richard Serna & Assoc. Inc
(361) 813-3349
Listed By:
Oralia Serna · License #0345671
(361) 813-3349
Source:
Xome
Added: Jul 4, 2025
Changed: Jul 22
Last Checked: Jul 23 at 3:28AM
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 Richard Serna & Assoc. Inc
Investment Insights
Based on property information with market context.
This offering includes two commercial buildings on a 2.25-acre site with 249.98 feet of frontage. Building one is described as a pharmaceutical lab with 5,000 square feet, including office, bathroom, storage, and an overhead door. Building two totals 5,000 square feet and features eight office spaces plus a reception area and break room, two bathrooms, storage rooms, and a warehouse area with an overhead door.
The property is adjacent to Cabaniss Field and fronts Ranger Avenue. It is also being sold together with 2801 Cactus, described as commercial land with 1.89 acres and a 5,400-square-foot metal building that needs work.
All information provided indicates flex-style use with office and warehouse components integrated into each building, each including overhead-door access for loading or operational needs.
The property is adjacent to Cabaniss Field and fronts Ranger Avenue. It is also being sold together with 2801 Cactus, described as commercial land with 1.89 acres and a 5,400-square-foot metal building that needs work.
All information provided indicates flex-style use with office and warehouse components integrated into each building, each including overhead-door access for loading or operational needs.
Key Highlights
- Two commercial buildings totaling 10,000 SF on 2.25 acres with 249.98 ft frontage on Ranger Ave.
- Bldg 1: 5,000 SF used as a pharmaceutical lab with office, bathroom, storage, and overhead door.
- Bldg 2: 5,000 SF with 8 office spaces, reception, break room, 2 bathrooms, storage room, and warehouse with overhead door.
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 | $223.2k | $22.32 |
| − Vacancy | −$33.2k | −$3.32 |
| EGI | $190.0k | $19.00 |
| − OpEx | −$47.5k | −$4.75 |
| NOI | $142.5k | $14.25 |
10,000 SF · lease $22.32/SF/yr · vacancy 14.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.04M
$1.78M – $2.38M
NOI $142,508 @ 7.0% cap · market cap 6.79%
Second Best
Flex RnD
$1.03M
$897.0K – $1.20M
NOI $71,760 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,560 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nutraceutical International Corporation
Industrial Manufacturer
FAQs
What type of property is this?
Flex space - Two commercial buildings totaling 10,000 sq ft include offices, restrooms, storage, and warehouse areas with overhead doors.
Where is this flex space located?
The property is located at 6704 Ranger Corpus Christi, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two commercial buildings totaling 10,000 SF on 2.25 acres with 249.98 ft frontage on Ranger Ave.; Bldg 1: 5,000 SF used as a pharmaceutical lab with office, bathroom, storage, and overhead door.; Bldg 2: 5,000 SF with 8 office spaces, reception, break room, 2 bathrooms, storage room, and warehouse with overhead door.
