Warehouse Near
For Sale
Contact for pricing
825 Cantwell Ln, Corpus Christi, TX 78408
Industrial property offers renovated yard space, three-phase power, overhead access, professional offices, and two restrooms.
Property Size7,040 SF
Price / SF$92.33
Days on Market159
Property Features for 825 Cantwell Ln
General Information
Standard status
Active
Size
7,040 SF
Property subtype
Industrial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Voltage
480 V
Three-Phase Power
Yes
Building Details
Year Built
1974
Buildings
2
Building Size
7,040 SF
Listing Agency:
New Southern Commercial Real Estate
(361) 905-5000
Listed By:
Steven Saules · License #789600
Source:
Crexi
Added: Mar 27
Changed: Aug 31
Last Checked: Aug 31 at 4:02AM
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.
Built in 1974, this 7,040-square-foot warehouse includes four professional offices, two restrooms, and three 10-foot overhead doors. The facility has 480 3-phase power, along with a new fence and yard renovation. Water and sewer lines measuring 8 inches run along Cantwell Lane, and the site is in a 0% flood zone.
The property is located in Corpus Christi’s industrial corridor, 1 mile east of NPID/I-37, 2 miles west of Hwy-286, 3 miles from the Port of Corpus Christi, and 5 miles from the refineries. Its Cantwell Lane address places warehouse operations within an established industrial setting.
The property is located in Corpus Christi’s industrial corridor, 1 mile east of NPID/I-37, 2 miles west of Hwy-286, 3 miles from the Port of Corpus Christi, and 5 miles from the refineries. Its Cantwell Lane address places warehouse operations within an established industrial setting.
Key Highlights
- 7,040‑square‑foot warehouse built in 1974
- 480 3‑phase power supports industrial operations
- Three 10‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$934,940
$934.9K
Cap Rate 7%
$667,814
$667.8K
Cap Rate 9%
$519,411
$519.4K
Market Conditions
NOI Build-Up for 7,040 SF
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.
Gross rent
$59.1K $8.40/SF
− Vacancy
−$4.1K −$0.59/SF
EGI
$55.0K $7.81/SF
− OpEx
−$8.2K −$1.17/SF
NOI
$46.7K $6.64/SF
Area
Corpus Christi, TX
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$934,940
Cap Rate 7%
$667,814
Cap Rate 9%
$519,411
Alternative Uses
Best Use
Warehouse
$667.8K
$584.3K – $779.1K
NOI $46,747 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.95M
NOI $117,258 @ 7.0% cap · market cap 18.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78408, TX
11,023
Population
4,543
Households
2.4
Avg Household Size
37
Median Age
8%
College-Educated
69%
High-School Grad
5.9 sq mi
ZIP Area
1,868
Density / Sq Mi
$43,096
Median Household Income
$30,621
Median Earnings
$979
Median Rent
$82,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property offers renovated yard space, three-phase power, overhead access, professional offices, and two restrooms.
Where is this warehouse located?
The property is located at 825 Cantwell Ln Corpus Christi, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,040‑square‑foot warehouse built in 1974; 480 3‑phase power supports industrial operations; Three 10‑foot overhead doors
