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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Medical Office Space
1201 19th St Corpus Christi, TX 78405-1527
Individually Owned
12-yr Hold
Free & Clear
Property ID
US82-0537891
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Total area
11,640 SF
Lot
0.37 ac (15,987 SF)
Zoning code
B4
APN
0490-0000-0010
UPID
US82-0537891
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
by Request
CAP Approach
CAP
$2.09M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.92M
Owner & transaction history
Christus Spohn Health System C · 12 yrs held
Christus Spohn Health System C
since 2014
6 recorded transactions
Zoning & alternative use
B4 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+36.2%
Commercial (general)
$1.7M
+17.8%
Restaurant
$1.6M
+9.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,265,000
6.5%
$2,090,000
7%
$1,940,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,460,000
Current use
OFFICE BUILDING
$1,990,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,720,000
Change: +18% · Conversion: Easy
RESTAURANT
$1,605,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,390,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,275,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±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
$165 / 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
Assessed value
$1,276,605
Assessed 2024
Previous assessed
$1,304,843
-2.2% YoY
Assessed land
$68,000
Assessed improvement
$1,208,605
Land market value
$68,000
Improvement market value
$1,208,605
Total market value
$1,276,605
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Total area
11,640 SF
Lot
0.37 ac (15,987 SF)
Zoning code
B4
APN
0490-0000-0010
UPID
US82-0537891
Jurisdiction
NUECES
Zoning & alternative use
B4 · Corpus Christi, TXZoning B4 · permitted uses
B4 · Corpus Christi, TX
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
MEDICAL BUILDING Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1960
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Christus Spohn Health System C
Individual
Free & Clear · 12 yrs held
Mailing address
PO BOX 3666, CORPUS CHRISTI, TX 78463-3666
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2014
—
Christus Spohn Health System C
19th Street Property LLC
Grant Deed
—
Dec 28, 2011
—
19th Street Property LLC
Ghraowi Family Investments Ltd
Warranty Deed
—
May 21, 2002
—
Ghraowi Family Investments Ltd
—
Trustees Deed
related
$583,000 · Frost National Bank
—
—
Ghraowi Family Investments Ltd
—
Deed Of Trust
related
$900,000 · Frost National Bank
—
—
Ghraowi Family Investments Ltd
—
Deed Of Trust
related
$499,500 · Frost National Bank
—
—
Ghraowi Family Investments Ltd
—
Deed Of Trust
related
$630,881 · Frost National 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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