518 Flato Rd Corpus Christi, TX 78405-4303
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.
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Gaertner Leasing Inc Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Corpus Christi, TXCorpus Christi. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.