Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2063 Co Rd Corpus Christi, TX 78415

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2063 Co Rd Corpus Christi, TX 78415

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2063 Co Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This southwest Corpus Christi property offers 1 to 10 acres of secure, stabilized laydown yards, ideal for various uses. The site boasts 1,000 linear feet of frontage and a 6-inch packed caliche base. Its strategic location provides excellent access to Staples Street, SPID, and US-77, with an annual average daily traffic count of 5,800 vehicles (2017 data). The property is conveniently situated 6 miles south of SPID/Crosstown, 11 miles south of the Port of Corpus Christi (currently undergoing a $650 million expansion), and 18 miles east of US-77. This makes it perfect for CDL trucking, oil field materials storage, construction suppliers, storage yards, and Conex/moving container operations. Tenancy is single, zoning is commercial, and the property is available with 30 days' notice. The APN is 4250-0008-0800.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.5031
    Latitude
    27.6517

    Comparable in this City

    • Value Estimation by Request
      2.57 Acres

      Chapman Rnch Rd

      Land • 38,999 SF
      0 Chapman Rnch Rd, Corpus Christi, TX 78415
      View Details
    • Value Estimation by Request

      6519 Teamwork Trl

      Land
      6519 Teamwork Trl, Corpus Christi, TX 78415
      View Details
    • Value Estimation by Request
      318.00 Acres

      51 Co Rd

      Land • 318.00 Acres
      51 Co Rd, Corpus Christi, TX 78415
      View Details
    • Value Estimation by Request
      12.26 Acres

      Rodd Field Rd

      Land • 12.26 Acres
      0 Rodd Field Rd, Corpus Christi, TX 78415
      View Details
    • Value Estimation by Request
      66.00 Acres

      22 Co Rd

      Farms • 66.00 Acres
      22 Co Rd, Corpus Christi, TX 78415
      View Details
    • Value Estimation by Request
      0.90 Acres

      3565 Saratoga Blvd

      Land • 0.90 Acres
      3565 Saratoga Blvd, Corpus Christi, TX 78415
      View Details

    Similar Nearby for Sale

    • $475,000
      5.00 Acres

      5-Acre Land in Corpus Christi

      5-acre property with well, pond, and electricity ready for development.
      905 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details
    • Contact for pricing

      Prime Development Land Available

      358 acres of subdividable land in a growing area.
      County Road 51, Corpus Christi, TX 78415
      View Details
    • $650,000
      29.08 Acres

      29 Acres of Raw Land

      Pristine 29 acre property with limitless potential near Corpus Christi.
      70 Btwn County Rd 49 & C, Corpus Christi, TX 78415
      View Details
    • $900,000
      0.29 Acres

      H-E-B Corner Commercial Land

      High-traffic Corpus Christi corner lot, ideal for development.
      4450 Kostoryz Rd, Corpus Christi, TX 78415
      View Details
    • Contact for pricing

      Pristine Land Parcel For Sale

      ±12.5 AC parcel offers limitless potential for long-term investment.
      982 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details
    • Contact for pricing

      Ayers Street Land For Sale

      2.42 acre lot near South Padre Island Drive.
      5302 Ayers St, Corpus Christi, TX 78415
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      47,000 SF Shopping Center Suites

      Shopping center with 29 rental suites and drive-thru convenience store.
      4701 Ayers St, Corpus Christi, TX 78415
      View Details
    • Contact for pricing
      1,053 SF

      Affordable Shop Space Available

      Flexible shop space with overhead doors and small office.
      4322 Dillon Ln, Corpus Christi, TX 78415
      View Details
    • Contact for pricing
      10,000 SF

      Showroom and Warehouse Space Available

      8,000 SF showroom and 2,000 SF warehouse space for lease.
      2650-2702 S Padre Island Dr, Corpus Christi, TX 78415
      View Details
    • Contact for pricing
      1,053 SF

      Flexible Shop Space For Rent

      Centrally located flex/industrial space with affordable monthly rates.
      4307 S Port Ave, Corpus Christi, TX 78415
      View Details
    • Contact for pricing

      Fenced Yard with Reinforced Concrete

      2.531-acre property with reinforced concrete paving and truck access.
      2434 Etring Ave, Corpus Christi, TX 78415
      View Details
    • $7 SF/Yr
      1,200 SF

      Warehouse Space with Office/Showroom

      4500 SF warehouse with office/showroom space available for rent.
      3253 S Padre Island Dr, Corpus Christi, TX 78415
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2063 Co Rd
    Corpus Christi, TX 78415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!