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Property profile & analytics
OFF-MARKET
Office buildings
1005 Airline Rd, Corpus Christi, TX 78412-3406
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-5325134
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
1,976 SF
Lot
0.21 ac (9,365 SF)
Zoning code
B-1
APN
4002-0006-0110
UPID
US82-5325134
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
-
D&M Underground Corp General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
D&m Underground Construction Corp · 1 yrs held
D&m Underground Construction Corp
since 2024
7 recorded transactions
Zoning & alternative use
B-1 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corpus Christi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corpus Christi submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,599
Tax year 2023
Assessed value
$356,542
Assessed 2024
Previous assessed
$356,542
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$93,820
Assessed improvement
$262,722
Land market value
$93,820
Improvement market value
$262,722
Total market value
$356,542
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Heating
NONE
Total area
1,976 SF
Lot
0.21 ac (9,365 SF)
Zoning code
B-1
APN
4002-0006-0110
UPID
US82-5325134
Jurisdiction
NUECES
Zoning & alternative use
B-1 · Corpus Christi, TX
Zoning B-1 · permitted uses
B-1 · Corpus Christi, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corpus Christi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
0.21 ac
Current owner
From public records · entity-resolved
D&m Underground Construction Corp
Entity
Free & Clear · 1 yrs held
Mailing address
1005 AIRLINE RD, CORPUS CHRISTI, TX 78412-3406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
D&m Underground Construction Corp
Haney Estates Ltd
Warranty Deed
—
Oct 20, 2023
$330,000
Alma Gabriela Cabrera Romo
D & M Underground Corporation
Contract Sale
$300,000 · Not Available
Oct 25, 2021
—
D & M Underground Corporation
Don Holloway
Correction Deed
related
—
Jul 23, 2021
—
D & M Underground Corporation
Don Holloway
Warranty Deed
$320,000 · Don Holloway
Aug 24, 2007
—
Don Holloway
Bob J Alvarez
Venders Lien
$103,500 · Prosperity Bank
Oct 4, 2006
—
Bob J Alvarez
Tomao,deanna I
Warranty Deed
related
—
—
—
Don Holloway
—
Deed Of Trust
related
$93,931 · Prosperity Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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