Technical
Financial
Distress signals
Property profile

227 Water St Corpus Christi, TX 78401

OFF-MARKET
Turn key restaurants
Property ID
US83-3628905
5,805 SF 0.34 ac lot Built 1979
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Total area 5,805 SF
Lot 0.34 ac (14,985 SF)
Zoning code B-6
APN 0540-0001-0050
UPID US83-3628905

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
  • Atm
  • Restaurant

Location

227 Water St Corpus Christi, TX 78401-2528
Corpus Christi metro Census 6400 CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2012
Price N/A
2011
Price N/A
2010
$325,000
2007
Price N/A
2006
Price N/A
2006
Price N/A

Zoning & alternative use

B-6 · Corpus Christi, TX

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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