Flex Warehouse and Office
For Sale
$2,100,000
6704 Ranger, Corpus Christi, TX 78415
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$136.36
Days on Market332
Property Features for 6704 Ranger
General Information
Standard status
Active
Size
10,000 SF
Lot size
4.14 Acres
Property subtype
Office
Additional Details
Road Access
Yes
Office Units
8
Building Details
Building Size
10,000 SF
Year Built
1996
Listing Agency:
Richard Serna & Assoc. Inc
Listed By:
Oralia Serna · License #0345671
(361) 813-3349
Source:
National-onerealty
Added: Nov 25, 2025
Changed: Oct 20
Last Checked: Oct 21 at 5:38AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$110,510
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,210,200
$2.2M
Cap Rate 7%
$1,578,714
$1.6M
Cap Rate 9%
$1,227,889
$1.2M
Market Conditions
NOI Build-Up for 15,400 SF
Gross rent
$184.8K $12.00/SF
− Vacancy
−$14.8K −$0.96/SF
EGI
$170.0K $11.04/SF
− OpEx
−$59.5K −$3.86/SF
NOI
$110.5K $7.18/SF
Area
ZIP 78415
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,210,200
Cap Rate 7%
$1,578,714
Cap Rate 9%
$1,227,889
Alternative Uses
Best Use
Flex RnD
$1.58M
$1.38M – $1.84M
NOI $110,510 @ 7.0% cap · market cap 5.26%
Second Best
Warehouse
$1.57M
$1.38M – $1.84M
NOI $110,152 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$3.66M
$3.21M – $4.28M
NOI $256,502 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
8
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78415, TX
38,722
Population
15,465
Households
2.5
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
109.2 sq mi
ZIP Area
355
Density / Sq Mi
$53,803
Median Household Income
$31,748
Median Earnings
$1,166
Median Rent
$135,600
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
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.
