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501 Nueces Bay Blvd Corpus Christi, TX 78408-3227

OFF-MARKET Office buildings Google Maps
2,250 SF 0.77 ac lot Built 1987
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US82-4338859

Property summary

AI-generated overview

This exceptional 2,250-square-foot Class C office space, located at 501 Nueces Bay Blvd in Corpus Christi, Texas (78408), presents a fantastic investment opportunity. Currently vacant, this property is zoned for commercial use and sits on a generous 33,730-square-foot lot, offering ample potential for expansion or outdoor amenities. The asking price is $434,500, translating to a price per square foot of $166.67. The interior boasts a thoughtfully designed layout, including a welcoming lobby with a restroom, a dedicated receptionist area, and a private office complete with its own restroom. Four additional work offices provide ample space for a growing business, complemented by a convenient kitchen, computer station, and a dedicated storage room. The property also features the significant advantage of private parking located at the rear of the building, with direct access to the interior. This versatile space is suitable for a variety of uses, including creative office, executive office, or medical office settings, making it an attractive option for a wide range of businesses. Its convenient Corpus Christi location and ample parking make it a highly desirable property. The property is currently vacant, allowing for immediate occupancy and customization to suit the needs of the new owner.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 2,250 SF
Lot 0.77 ac (33,715 SF)
Zoning code B-1
APN 0460-0000-0010
UPID US82-4338859

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
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · 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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