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    522 Texan Trl Corpus Christi, TX 78411

    For Sale
    $2,601,715

    7,211 SF Medical Office Building, 6.5% Cap Rate

    Property size:
    7,211 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This fully leased, 7,211 square foot medical office building in Corpus Christi, Texas presents a compelling investment opportunity. Built in 2021, the property boasts a 6.50% capitalization rate and is situated at 522 Texan Trail, 78411, within a thriving commercial and medical district. The building is currently occupied by two tenants: Almouie Pediatrics (4,263 SF) and Confluent (Shea Physical Therapy) (2,948 SF). Both tenants have leases with 3% annual rent increases. Almouie Pediatrics' lease expires April 30, 2031, and Confluent's lease expires September 30, 2028. The asking price is $2,601,715, translating to $360.80 per square foot. The property benefits from its location in a densely populated residential area, near major medical facilities such as Driscoll Children's Hospital and Doctors Regional Hospital, as well as convenient amenities like HEB Grocery, CVS Pharmacy, and Freedom Fitness. Demographic data reveals an average household income within a 1-mile radius of $97,329 (ESRI 2023) and $87,363 within a 2-mile radius (ESRI 2023), with a population of 47,736 within a 2-mile radius (ESRI 2023). This property offers strong tenant occupancy, attractive lease terms, and a prime location within a high-demand medical market.

    Property Features for 522 Texan Trl

    General Information

    Property type
    Medical offices
    Square Feet
    7,211 SF

    Building Details

    Year Built
    2021
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Almouie Pediatrics Texan ... Pediatrician R J Credit ... Credit Counseling Service Shea Physical Therapy Physical Therapy Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.3897117
    Latitude
    27.7541108

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    FAQs

    What type of property is this?
    Medical office - 7,211 SF Medical Office Building, 6.5% Cap Rate
    Where is this medical office located?
    The property is located at 522 Texan Trl Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $2,601,715.
    Request Owner's contact information
    522 Texan Trl Corpus Christi, TX 78411
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    Corpus Christi, TX 78411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    522 Texan Trl Corpus Christi, TX 78411
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