Technical
Financial
Distress signals
Property profile

2021 Padre Is Dr Corpus Christi, TX 78408

OFF-MARKET
Motels
Property ID
US82-1283997
52,096 SF 1.88 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1984
Total area 52,096 SF
Lot 1.88 ac (81,806 SF)
Zoning code B-4
APN 2230-0000-0910
UPID US82-1283997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

2021 Padre Is Dr Corpus Christi, TX 78408-2231
Corpus Christi metro Census 700 CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$2.39M

Owner & transaction history

since 2020
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
2009
Price N/A
2008
Price N/A

Zoning & alternative use

B-4 · Corpus Christi, TX
Top alternative use upside
Industrial (general) $2.5M +53.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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