426 Navigation Blvd Corpus Christi, TX 78408
- Industrial properties
- 25,096 SF
- 2.91 lot acres
Current Use by Public Records
- Stabil Drill Specialties / Tool Manufacturer
Property Details for 426 Navigation Blvd
- Year built
- 2013
- Lot size
- 2.91 lot acres
- Property size
- 25,096 SF
- Zone code
- I-2
- Property type
- Industrial properties
- APN
- 8373-0001-0010
- APU
- 837300010010
Description
This Corpus Christi, Texas industrial property, located at 426 S Navigation Blvd, 78405, offers 25,096 square feet of versatile space. The property boasts a substantial fenced and gated yard exceeding 6 acres of concrete. Convenient access to major roadways including Highway 358, Highway 44, and IH-37 ensures efficient transportation. The main building comprises 17,896 square feet, including 3,496 square feet of office space and 14,400 square feet of warehouse space. Office amenities include a reception area, four offices, a conference room, break room, dispatch room, and two restrooms. The warehouse is insulated, features two 5-ton overhead cranes spanning its length, three 16-foot overhead doors, and 480V/3-phase power. A separate 7,200-square-foot machine shop is also included, offering 1,200 square feet of office space and 6,000 square feet of warehouse space. The machine shop's office area contains three offices, a break room, and two restrooms. This insulated warehouse features one 5-ton overhead crane, four 14-foot overhead doors with drive-through capability, and 480V/3-phase power. This property is situated in Nueces County and presents a significant opportunity for businesses requiring substantial warehouse and office space with excellent access and ample yard space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,190,000
- 6.5%
- $2,020,000
- 7%
- $1,875,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,803,000
Market price range: $818k - $1.80M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,215,000 Current use
- AUTO REPAIR, GARAGE
- $3,000,000 Change: +147% Conversion: Easy
- RESTAURANT
- $2,555,000 Change: +110% Conversion: Difficult
- OFFICE BUILDING
- $2,345,000 Change: +93% Conversion: Difficult
- RETAIL STORES
- $1,950,000 Change: +60% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4519
- Latitude
- 27.7771
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
