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1013 Southern Minerals Rd Corpus Christi, TX 78409-1815

OFF-MARKET Flex space Google Maps
11,500 SF 0.79 ac lot Built 2002
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$425k
Range $383k – $468k (±10%)
Property ID US82-6002051

Property summary

AI-generated overview

This Corpus Christi industrial property, located at 1013 Southern Minerals Rd, offers 12,850 square feet of warehouse space ideal for various businesses. The property features two buildings totaling 12,850 square feet, including approximately 2,000 square feet of office space, a 5,600 square foot shop, a 1,250 square foot wash bay, and a 4,000 square foot second shop. The warehouse boasts four overhead doors (two 12' x 14' and two 14' x 14'), 3-phase electrical service, and a 20-foot clear ceiling height. A significant advantage is the inclusion of a 5-ton overhead crane with a 15-foot hook height. The property sits on a 2.31-acre corner lot, providing excellent visibility and accessibility. The lot is partially stabilized, fenced, and gated, enhancing security. The property is zoned IL - Light Industrial and benefits from frontage on Southern Minerals Rd and Sedwick Rd. The monthly rent is $13,500, NNN. APN numbers are 274961, 274960, and 274962. The property was built in 2002.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2002
Total area 11,500 SF
Lot 0.79 ac (34,500 SF)
Zoning code I-2
APN 6000-0002-0092
UPID US82-6002051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

I-2 · Corpus Christi, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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