Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    103 Old Robstown Rd Corpus Christi, TX 78408

    • Turn key restaurants
    • 4,414 SF
    • 0.51 lot acres
    For Sale
    View listing
    $195,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4287061
    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.

    Current Use by Public Records

    • Restaurante El Mexicano / Restaurant
    • Los Amigos de Jalisco / Restaurant

    Property Details for 103 Old Robstown Rd

    Lot size
    0.51 lot acres
    Property size
    4,414 SF
    Zone code
    I-3
    Property type
    Turn key restaurants
    APN
    7556-0006-0120
    APU
    755600060120

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4375
    Latitude
    27.7867
    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
    $4,700
    $44,622
    $179,409
    $224,031
    -
    $44,622
    $179,409
    $224,031

    Comparable in this City

    • Value Estimation by Request
      2,520 SF

      3429 Leopard St

      RESTAURANT • 2,520 SF
      3429 Leopard St, Corpus Christi, TX 78408-3201
      View Details
    • Value Estimation by Request
      7,350 SF

      3218 Leopard St

      RESTAURANT • 7,350 SF
      3218 Leopard St, Corpus Christi, TX 78408-3220
      View Details
    • Value Estimation by Request
      2,673 SF

      3657 Leopard St

      RESTAURANT • 2,673 SF
      3657 Leopard St, Corpus Christi, TX 78408-3205
      View Details
    • Value Estimation by Request
      945 SF

      3061 Buffalo St

      RESTAURANT • 945 SF
      3061 Buffalo St, Corpus Christi, TX 78408-3606
      View Details
    • Value Estimation by Request
      2,822 SF

      4101 Leopard St

      RESTAURANT • 2,822 SF
      4101 Leopard St, Corpus Christi, TX 78408-2825
      View Details
    • Value Estimation
      $575,000
      11,434 SF

      4931 Ih 37

      RESTAURANT • 11,434 SF
      4931 Ih 37, Corpus Christi, TX 78408-2612
      View Details

    Similar Nearby for Sale

    • $3,275,000
      6,670 SF

      Restaurant Building on Large Lot

      Restaurant building on 2.0885 acres with cross access.
      1949 S Padre Island Dr, Corpus Christi, TX 78408
      View Details
    • $2,000,000
      8,294 SF

      Restaurant, Bar, and Auto Shop

      Operating restaurant, bar, and auto shop on busy corner.
      549 Navigation Blvd, Corpus Christi, TX 78408
      View Details
    • $2,000,000
      8,294 SF

      Prime Corpus Christi Retail Investment

      Two Buildings, 8,294 SF, High Traffic
      5101 Navigation Blvd, Corpus Christi, TX 78408
      View Details
    • $1,975,000
      2,230 SF

      New Starbucks Development For Sale

      Recently developed Starbucks with over 9 years remaining on primary term.
      3329 Leopard St, Corpus Christi, TX 78408
      View Details
    • $195,000
      4,414 SF

      Corpus Christi Commercial Opportunity

      Restaurant or commercial property in Corpus Christi, Texas for sale.
      103 Old Robstown Rd, Corpus Christi, TX 78408
      View Details
    • $630,000
      16,681 SF

      Retail/Warehouse Space Near H-E-B

      Retail and warehouse space with redevelopment potential near major highway.
      620 Old Robstown Rd, Corpus Christi, TX 78408
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      1,765 SF

      Freestanding Retail Building with Drive-Through

      Former QSR with drive-through, ideal for various retail uses.
      3710 Leopard St, Corpus Christi, TX 78408
      View Details
    • Contact for pricing

      3-Acre Commercial Land in Corpus Christi

      Ideal industrial land; perfect for storage or distribution.
      5338 Leopard St, Corpus Christi, TX 78408
      View Details
    • $9 SF/Yr
      12,424 SF

      349 Mcbride Ln

      Distribution centers • 12,424 SF
      349 Mcbride Ln, Corpus Christi, TX 78408
      View Details
    • $8 SF/Yr
      13,500 SF

      Corpus Christi Warehouse For Lease

      13,500 SF Warehouse, Ideal Location
      4202 Russell Dr, Corpus Christi, TX 78408
      View Details
    • $0.92 SF/Yr
      13,000 SF

      Corpus Christi Industrial Gem

      13,000 SF Office/Warehouse, 0.93 Acres
      4702 Baldwin Blvd, Corpus Christi, TX 78408
      View Details
    • $18 SF/Yr
      10,388 SF

      905 Cantwell Ln: Office & Warehouse

      Versatile Office/Warehouse Space Available
      905 Cantwell Ln, Corpus Christi, TX 78408
      View Details
    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.
    103 Old Robstown Rd
    Corpus Christi, TX 78408
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!