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Property profile & analytics
FOR LEASE
Industrial properties

5625 Greenwood Dr Corpus Christi, TX 78417

28,150 SF 1.95 ac lot Built 2022
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-5310396
Property summary
AI-generated overview

This exceptional offering presents two brand-new industrial warehouse buildings totaling 17,150 square feet, situated on a 1.95-acre lot in Corpus Christi, Texas. Built in 2024, these properties are zoned for light industrial use (IL) and boast a multitude of desirable features. Each warehouse includes 1,575 square feet of climate-controlled office space, providing ample room for administrative functions. The warehouse spaces themselves feature impressive 18-foot eave heights, allowing for efficient storage and operations. Access is simplified by 12' x 15' overhead doors, facilitating easy loading and unloading of materials. The buildings are equipped with modern amenities including 240-120V, 3-phase electrical service, energy-efficient LED lighting, and full insulation for climate control. The property is fully fenced and gated, ensuring security. These warehouses are perfectly suited for a variety of home improvement businesses, including but not limited to lighting, plumbing, appliance, flooring, and other related enterprises. The strategic location at a hard corner with a signalized intersection provides excellent visibility and accessibility. Enjoy convenient access to major transportation arteries such as Highway 358, the Crosstown Expressway, Highway 44, and Interstate 37. The Corpus Christi International Airport is less than seven miles away, offering further logistical advantages. This is a rare opportunity to secure prime industrial space in a rapidly developing area of Corpus Christi.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2022
Total area 28,150 SF
Lot 1.95 ac (84,898 SF)
APN 4580-0001-0050
UPID US82-5310396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vargas Roofing & Framing Construction Company General Contractor
  • Third Coast Roof Pros Roofing Company General Contractor
  • Granite Granite Inc Building Supply
  • ARC Cabinetry Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.27M
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$2.13M
Owner & transaction history
Vlm Greenwood LLC · 5 yrs held
Vlm Greenwood LLC
since 2020
3 recorded transactions
2022
Price N/A
2020
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.4M +116.7%
Auto repair, garage $3.4M +112.3%
Restaurant $2.8M +74.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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