Live-Work Property with
New
For Sale
$250,000
7832 Hull Dr, Corpus Christi, TX 78414
A one-bedroom residence is paired with a metal shop offering overhead-door access and 110V and 220V power.
Property Size912 SF
Days on Market7
Property Features for 7832 Hull Dr
General Information
Standard status
Active
Size
912 SF
Property subtype
Warehouse
Building Details
Building Size
912 SF
Year Built
1950
Construction
metal
Listing Agency:
Hunsaker & Associates
Listed By:
Monika Caldwell · License #0514491
(361) 510-2629
Source:
National-onerealty
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 5 at 10:00PM
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 Hunsaker & Associates
Investment Insights
Based on property information with market context.
This live-work property combines a one-bedroom, one-bath house with a 32-by-30-foot metal shop. The residence includes four decks, HVAC, a washer and dryer hookup, and an outdoor shower. Two overhead doors provide access to the shop, which has 110V and 220V electricity and an air compressor. Welding work was previously conducted in the shop.
Two containers are on the property, and an RV hookup is positioned beside the shop. The property is in a small industrial park off Rodd Field Road in Corpus Christi.
Two containers are on the property, and an RV hookup is positioned beside the shop. The property is in a small industrial park off Rodd Field Road in Corpus Christi.
Key Highlights
- 32‑by‑30‑foot metal shop with two overhead doors
- Shop has 110V and 220V electricity plus an air compressor
- One‑bedroom, one‑bath residence with four decks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,067
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,340
$261.3K
Cap Rate 7%
$186,671
$186.7K
Cap Rate 9%
$145,189
$145.2K
Market Conditions
NOI Build-Up for 912 SF
Gross rent
$20.5K $22.44/SF
− Vacancy
−$3.0K −$3.34/SF
EGI
$17.4K $19.10/SF
− OpEx
−$4.4K −$4.78/SF
NOI
$13.1K $14.33/SF
Area
ZIP 78414
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%
$261,340
Cap Rate 7%
$186,671
Cap Rate 9%
$145,189
Alternative Uses
Best Use
Office B
$186.7K
$163.3K – $217.8K
NOI $13,067 @ 7.0% cap · market cap 5.23%
Second Best
Mixed Use
$158.3K
$138.5K – $184.7K
NOI $11,081 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$247.6K
$216.7K – $288.9K
NOI $17,335 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 78414, TX
46,972
Population
20,121
Households
2.3
Avg Household Size
35
Median Age
39%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
3,308
Density / Sq Mi
$96,788
Median Household Income
$56,626
Median Earnings
$1,549
Median Rent
$271,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - A one-bedroom residence is paired with a metal shop offering overhead-door access and 110V and 220V power.
Where is this live-work space located?
The property is located at 7832 Hull Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 32‑by‑30‑foot metal shop with two overhead doors; Shop has 110V and 220V electricity plus an air compressor; One‑bedroom, one‑bath residence with four decks
