4717 Gollihar RdCorpus Christi, TX 78411

Property Details for 4717 Gollihar Rd

Year built

1966

Lot size

0.76 AC

Property size (Sq ft)

5,115 SF

Zone code

B-4

Property type

Office properties

Property subtype

Office buildings

APN

6388-0000-0010

APU

638800000010

Description

This well-maintained, freestanding office building at 4717 Gollihar Rd, Corpus Christi, Texas, presents a fantastic investment opportunity. Located on a highly visible, signalized corner of Gollihar Rd and S Staples St, this property boasts excellent exposure and high traffic counts. The 78411 zip code location ensures easy access for clients and employees. The building features a spacious reception area, a large open bullpen workspace, six private offices providing ample individual workspaces, four restrooms for convenience, a dedicated file room for secure document storage, and a comfortable break room/kitchenette area. Modern amenities include a digital signage system and a comprehensive security system, enhancing both functionality and safety. The property also includes a substantial surface parking area, ensuring ample parking for tenants and visitors. The flexible layout allows for easy division into two separate suites, catering to a variety of business needs and potential rental income streams. This is an exceptional opportunity to acquire a well-positioned, versatile office building in a thriving Texas market. The asking price is $1,100,000.

• CAP approach

  CAP return

  Valuation

  6%

  $778,920

  6.5%

  $719,003

  7%

  $667,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $484,256

  Geo Method

  $1,162,486

• Alternative Use

  Use

  Valuation

  Residential

  $891,564

  Hospitality

  $816,668

  Educational

  $679,458

  Medical

  $702,826

  Retail

  $1,056,935

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.7259

Longitude

-97.3795

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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