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    The Largest CRE Database in the US with Over 1 Million Listings

    James Magill, Corpus Christi, TX

    License ID: 675040
    Safe Harbor Real Estate Llc
    Association
    Corpus Christi Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (361) 929-5003
    Office Address:
    4918 Holly Rd C-1, Corpus Christi, TX, 78411

    Performance

    Listings
    11

    Listings

    For Sale (10)

    View map
    • $250,000
      13.50 Acres

      Prime 13.5-Acre Agricultural Land

      Texas farmland, ideal investment opportunity.
      982 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details
    • $495,000
      2,903 SF

      Portland Retail Storefront - $495K

      High-traffic, 2903 SF retail space. Owner/user opportunity.
      701 Moore Ave, Portland, TX 78374
      View Details
    • $650,000
      12.50 Acres

      ±129 Acres Texas Ranch Land

      Prime Texas acreage, investment opportunity.
      980 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details
    • Contact for pricing
      16,075 SF

      Prime Aransas Pass Bowling Alley

      16-Lane Bowling Center, Full Bar & Kitchen
      2285 Wheeler Ave, Aransas Pass, TX 78336
      View Details
    • $1,208,000
      3,772 SF

      Corpus Christi Multifamily Portfolio

      14-Unit Rental Property, High Occupancy
      3618 Crestbrook Ct, Corpus Christi, TX 78415
      View Details
    • $895,000
      2,374 SF

      Saratoga Blvd Retail Opportunity

      High-traffic Corpus Christi restaurant/storefront.
      5506 Saratoga Blvd, Corpus Christi, TX 78413
      View Details
    • $7,000,000
      28,365 SF

      Port Aransas Hotel - Prime Location

      Established Motel, High ROI Potential
      314 Cut-Off Rd, Port Aransas, TX 78373
      View Details
    • $2,750,500
      3.01 Acres

      Airline & Wooldridge Commercial Land

      3 Acres, High-Traffic Corpus Christi Corner
      2448 Airline Rd, Corpus Christi, TX 78414
      View Details
    • $1,380,000
      23.68 Acres

      ±23 Acres Prime Ag Land, Corpus Christi

      Agricultural land, excellent investment opportunity.
      978 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details
    • $1,350,000
      89.25 Acres

      Prime Nueces County Land Investment

      89-Acre Residential Tract, Excellent Potential
      990 Santa Cruz Ln, Corpus Christi, TX 78415
      View Details

    For Lease (1)

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    • $17 SF/Yr
      20,574 SF

      Santa Fe Office Space, Corpus Christi

      Modern office suites, prime location, ample parking.
      3301 Santa Fe St, Corpus Christi, TX 78411
      View Details

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    James Magill, Corpus Christi, TX
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    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.

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    James Magill, Corpus Christi, TX
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