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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Grocery and convenience stores
1200 Hwy 44 Robstown, TX 78380-6138
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2312281
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1982
Total area
5,505 SF
Lot
2.95 ac (128,676 SF)
APN
9218-0000-0010
UPID
US82-2312281
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$635k
Owner & transaction history
Berry,dennis W 2007 Trust · 7 yrs held
Berry,dennis W 2007 Trust
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$835,000
+232.8%
Commercial (general)
$820,000
+226.5%
Restaurant
$695,000
+177.2%
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 Robstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Robstown 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
Method
Estimation
Statistic approach
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$835,000
Change: +233% · Conversion: Easy
COMMERCIAL (GENERAL)
$820,000
Change: +226% · Conversion: Easy
RESTAURANT
$695,000
Change: +177% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: +175% · Conversion: Moderate
AUTO REPAIR, GARAGE
$680,000
Change: +171% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$415,000
Change: +66% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
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
$43,529
Tax year 2023
Assessed value
$1,683,479
Assessed 2024
Previous assessed
$1,657,564
+1.6% YoY
Effective rate
2.59%
On assessed value
Assessed land
$353,834
Assessed improvement
$1,329,645
Land market value
$353,834
Improvement market value
$1,329,645
Total market value
$1,683,479
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1982
Heating
NONE
Total area
5,505 SF
Lot
2.95 ac (128,676 SF)
APN
9218-0000-0010
UPID
US82-2312281
Jurisdiction
NUECES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$820,000
RESTAURANT
Est. value
$695,000
OFFICE BUILDING
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$680,000
INDUSTRIAL (GENERAL)
Est. value
$415,000
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
2.95 ac
Current owner
From public records · entity-resolved
Berry,dennis W 2007 Trust
Trust
Free & Clear · 7 yrs held
Mailing address
4550 RIV PARK DR, CORPUS CHRISTI, TX 78410-5671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2019
—
Berry,dennis W 2007 Trust
Zeba LLC
Warranty Deed
related
—
Feb 27, 2017
—
Zeba LLC
—
Deed
related
$1,260,000 · Greater St Bk
Aug 22, 2011
—
Berry Dennis W 2007 Trust
Zeba INC
Warranty Deed
related
—
—
—
Zeba INC
—
Deed Of Trust
related
$1,100,000 · Charter Bank
—
—
Zeba INC
—
Deed Of Trust
related
$100,000 · Charter Bank
—
—
Zeba INC
—
Deed Of Trust
related
$65,000 · Charter Bank
—
—
Zeba LLC
—
Deed Of Trust
related
$1,260,000 · Greater St Bk
—
—
Zeba INC
—
Deed Of Trust
related
$150,000 · Charter 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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