Technical
Financial
Distress signals
Property profile

518 Flato Rd Corpus Christi, TX 78405

OFF-MARKET
Flex space
Property ID
US82-4645908
7,750 SF 5 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, priced at $1,000,000, offers 7,750 square feet of warehouse space situated on a generous 5-acre lot in Corpus Christi, Texas. The property features two buildings: a front building encompassing 4,000 square feet, including 1,400 square feet of office space with two 14-foot overhead doors, and a rear building of 3,750 square feet with four 16-foot overhead doors. The property boasts a total of four offices and three restrooms, and is currently vacant. The warehouse features single-phase power. The site benefits from excellent water and sewer infrastructure, with an 8-inch water line and a 42-inch wastewater line along Flato Road. Importantly, the property is located in a 0% flood zone. The property's strategic location within the industrial corridor of Corpus Christi provides easy access to major transportation arteries, including I-37 and Highway 44, and is adjacent to the new Kingpin Drive industrial corridor. The property is also conveniently located near the Port of Corpus Christi, currently undergoing a significant $650 million infrastructure expansion. Average daily traffic counts on nearby Agnes Road and Bear Lane were 12,300 (2017) and 3,600 (2019) vehicles respectively. The property is zoned for industrial use and has a tax rate of $2.139171. The year built is 1986. The APN is 7430-0006-0130. This property presents a compelling investment opportunity in a rapidly growing industrial area.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1991
Total area 7,750 SF
Lot 5 ac (217,800 SF)
Zoning code I-2
APN 7430-0006-0130
UPID US82-4645908

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
  • Gas Station

Location

518 Flato Rd Corpus Christi, TX 78405-4303
Corpus Christi metro Census 800 CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
$625k
Comparable Approach Comparable
$779k
Blend (final) Blend
$620k

Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2020
Price N/A
2016
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

I-2 · Corpus Christi, TX
Top alternative use upside
Medical building $970,000 +87.8%
Auto repair, garage $925,000 +79.2%
Retail stores $850,000 +63.8%

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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