518 Flato Rd Corpus Christi, TX 78405-4303
Property profile & analytics
518 Flato Rd, Corpus Christi, TX 78405-4303
- Flex space
- 7,750 SF
- 5.00 lot acres
Property ID
US82-4645908
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Gaertner Leasing Inc / Gas Station
Property Details for 518 Flato Rd
- Year built
- 1991
- Lot size
- 5.00 lot acres
- Zone code
- I-2
- Property type
- Flex space
- APN
- 7430-0006-0130
- APU
- 743000060130
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $675,000
- 6.5%
- $625,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $779,000
Market price range: $288k - $779k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $515,000 Current use
- MEDICAL BUILDING
- $970,000 Change: +88% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $925,000 Change: +79% Conversion: Easy
- RETAIL STORES
- $850,000 Change: +64% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.4589
- Latitude
- 27.7756
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,620
$435,598
$422,692
$858,290
-
$435,598
$422,692
$858,290
