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Office Building with Parking
For Sale
$279,000

701 Everhart, Corpus Christi, TX 78411

CommercialSale, Corpus Christi, TX

Property Size1,153 SF
Lot Size0.19 Acres
Price / SF$241.98
Days on Market573

Property Features for 701 Everhart

General Information

Property type Commercial Sale
Property subtype Office
Parking features Off Street
Subdivision Alameda Park
Lot features Subdivided
Standard status Active
APN 009500070010
Size 1,153 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description ALAMEDA PARK BLK 7 LOT 1
Legal Description ALAMEDA PARK BLK 7 LOT 1

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1941
Floors in Building 1
Listing Agency: Keller Williams Coastal Bend · Keller Williams Realty
Listed By: Sara Mostaghasi · License #0653889
Added: Apr 2, 2025 Changed: Oct 9 Last Checked: Oct 26 at 12:06AM
MLS# 456990

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,153-square-foot office building occupies a 0.1928-acre parcel at 701 Everhart in Corpus Christi. Constructed in 1941, the property includes an on-site parking lot with off-street parking and circulation around the building. Office and specialty retail uses are identified in the property information, with Neighborhood Office zoning noted for the site.

The property is near Everhart and Alameda in Corpus Christi, providing a location within an established commercial area. Public water and public sewer serve the property, supporting its existing commercial configuration.

Key Highlights

  • 1,153‑square‑foot office building on a 0.1928‑acre parcel
  • Neighborhood Office zoning
  • Office or specialty retail use identified

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,519
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,380 $330.4K
Cap Rate 7%
$235,986 $236.0K
Cap Rate 9%
$183,544 $183.5K
Market Conditions
NOI Build-Up for 1,153 SF
Gross rent
$25.9K $22.44/SF
− Vacancy
−$3.8K −$3.34/SF
EGI
$22.0K $19.10/SF
− OpEx
−$5.5K −$4.78/SF
NOI
$16.5K $14.33/SF
Area
Corpus Christi, TX
Vacancy
14.87%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,380
Cap Rate 7%
$235,986
Cap Rate 9%
$183,544

Alternative Uses

Best Use
Office B
$236.0K
$206.5K – $275.3K (±1% cap)
NOI $16,519 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.3K
$240.1K – $320.1K (±1% cap)
NOI $19,204 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

AROMÉ | Luxury Candles Home Decor Store Golden Petal Florist (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Grocery & Convenience Store Big Box & Wholesale Store Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

989
Businesses Nearby

Demographics for 78411, TX

26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office and specialty retail use are identified for this established commercial property with public utilities and off-street parking.
Where is this office building located?
The property is located at 701 Everhart Corpus Christi, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1,153‑square‑foot office building on a 0.1928‑acre parcel; Neighborhood Office zoning; Office or specialty retail use identified
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