Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5655 Bear Ln Corpus Christi, TX 78405
    Property profile & analytics

    5655 Bear Ln Corpus Christi, TX 78405

    View on Map
    • Industrial properties
    • 75,887 SF
    • 5.28 lot acres
    For Lease
    $1.00 SF/Yr
    View Listing →
    Warehouse Space with Dock Access For Lease
    $1.00 SF/Yr
    4,509 SF

    Warehouse Space with Dock Access

    Warehouse space featuring tilt wall construction and dock high access.

    5655 Bear Ln, Corpus Christi, TX
    View Listing
    Property ID
    US83-4117273
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nine Energy Service, formerly Magnum Oil Tools / Corporate Office
    • American Dental Airsonic Technologies / Hardware & Home Improvement / General Contractor
    • TK Elevator Corpus Christi / General Contractor / Construction Company

    Property Details for 5655 Bear Ln

    Year built
    2012
    Lot size
    5.28 lot acres
    Property size
    75,887 SF
    Zone code
    I-2
    Property type
    Industrial properties
    APN
    3692-0002-0010
    APU
    369200020010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,620,000
      6.5%
      $6,110,000
      7%
      $5,675,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,628,000
      Market price range: $2.82M - $7.63M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,065,000
      Current use
      COMMERCIAL (GENERAL)
      $11,205,000
      Change: +121% Conversion: Difficult
      RESTAURANT
      $10,460,000
      Change: +106% Conversion: Difficult
      MEDICAL BUILDING
      $9,515,000
      Change: +88% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $9,075,000
      Change: +79% Conversion: Easy
      RETAIL STORES
      $8,300,000
      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
    -97.4704
    Latitude
    27.7632
    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
    $134,871
    $459,994
    $5,844,836
    $6,304,830
    -
    $459,994
    $5,844,836
    $6,304,830

    Comparable in this City

    • Value Estimation by Request
      9,660 SF

      5560 Kingpin Dr

      Distribution properties • 9,660 SF
      5560 Kingpin Dr, Corpus Christi, TX 78405
      View Details
    • Value Estimation by Request
      2.49 Acres

      1352 Navigation Blvd

      Land • 2.49 Acres
      1352 Navigation Blvd, Corpus Christi, TX 78405
      View Details
    • Value Estimation by Request
      0.06 Acres

      421 Dolores St

      INDUSTRIAL (GENERAL) • 0.06 Acres
      421 Dolores St, Corpus Christi, TX 78405
      View Details
    • Value Estimation
      $3,800,000
      41,971 SF

      401 Junior Beck Dr

      HEAVY INDUSTRIAL • 41,971 SF
      401 Junior Beck Dr, Corpus Christi, TX 78405-4411
      View Details
    • Value Estimation
      $3,740,000
      44,376 SF

      5541 Bear Ln

      INDUSTRIAL (GENERAL) • 44,376 SF
      5541 Bear Ln, Corpus Christi, TX 78405-4129
      View Details
    • Value Estimation by Request
      2.30 Acres

      5612 Kingpin Dr

      INDUSTRIAL (GENERAL) • 2.30 Acres
      5612 Kingpin Dr, Corpus Christi, TX 78405-3619
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,600 SF

      Industrial Property Near Major Highways

      Industrial property with convenient access to multiple highways.
      333 Centaurus St, Corpus Christi, TX 78405
      View Details
    • Contact for pricing
      39,846 SF

      Crane-Served Manufacturing Park For Sale

      Two-building, fully leased manufacturing park in Corpus Christi.
      4202 Santa Elena St, Corpus Christi, TX 78405
      View Details
    • $475,000
      3,289 SF

      Dual-Building Commercial Property in Corpus Christi

      Turn-key headquarters for service-based businesses with office and warehouse space.
      4325 Agnes St, Corpus Christi, TX 78405
      View Details
    • New
      $60,000
      0.33 Acres

      Versatile Commercial/Industrial Opportunity in Corpus

      Commercial/industrial property with income potential in Corpus Christi, Texas.
      132 S Navigation Blvd, Corpus Christi, TX 78405
      View Details
    • Contact for pricing
      25,500 SF

      Corpus Christi Industrial Investment Property

      25,500 SF industrial property in Corpus Christi, Texas.
      650 Flato Rd, Corpus Christi, TX 78405
      View Details
    • Contact for pricing
      3,600 SF

      Versatile Warehouse with Office Space

      Warehouse with office space, storage, and extra parking.
      4818 Gemini St, Corpus Christi, TX 78405
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      12,621 SF

      Industrial Space Near Corpus Christi Port

      Industrial warehouse space with covered dock and multiple overhead doors.
      1524 N Port Ave, Corpus Christi, TX 78405
      View Details
    • Contact for pricing

      Industrial Property with Crane Access

      Versatile industrial space featuring crane, wash bay, and ample yard.
      449 Flato Rd, Corpus Christi, TX 78405
      View Details
    • Contact for pricing
      5,000 SF

      Updated Warehouse with Fenced Yard

      Clean, updated warehouse with office, fenced yard, easy access.
      142 44Th St, Corpus Christi, TX 78405
      View Details
    • $3,900 /Mo
      3,920 SF

      Industrial Warehouse with Fenced Yard

      Warehouse with office space and stabilized, fenced yard for lease.
      117 Airport Rd, Corpus Christi, TX 78405
      View Details
    • Contact for pricing

      Corpus Christi Flex Space Available

      Flex space available for rent in a central location.
      4802 Neptune St, Corpus Christi, TX 78405
      View Details
    • Contact for pricing
      4,775 SF

      Corpus Christi Industrial Warehouse Space

      Industrial warehouse space for lease in Corpus Christi, Texas.
      4201 Agnes St, Corpus Christi, TX 78405
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5655 Bear Ln
    Corpus Christi, TX 78405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5655 Bear Ln, Corpus Christi, TX, 78405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!