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Property profile & analytics
OFF-MARKET
Strip malls
300 Cut Off Rd Port Aransas, TX 78373-4203
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6160854
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
5,600 SF
Lot
1.72 ac (75,010 SF)
Zoning code
BUS
APN
6315-0000-0020
UPID
US82-6160854
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ocean Ctm Marketing Video LLC · 7 yrs held
Ocean Ctm Marketing Video LLC
since 2019
6 recorded transactions
Zoning & alternative use
BUS · Port Aransas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Port Aransas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Aransas 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$23,698
Tax year 2023
Assessed value
$2,268,459
Assessed 2024
Previous assessed
$1,875,250
+21.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,250,300
Assessed improvement
$18,159
Land market value
$2,250,300
Improvement market value
$18,159
Total market value
$2,268,459
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Heating
NONE
Total area
5,600 SF
Lot
1.72 ac (75,010 SF)
Zoning code
BUS
APN
6315-0000-0020
UPID
US82-6160854
Jurisdiction
NUECES
Zoning & alternative use
BUS · Port Aransas, TXZoning BUS · permitted uses
BUS · Port Aransas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
Ocean Ctm Marketing Video LLC
Entity
Mailing address
4418 OCEAN DR, CORPUS CHRISTI, TX 78412-2535
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
—
Ocean Ctm Marketing Video LLC
Olwell,timothy P
Warranty Deed
$1,276,921 · Valuebank/tx
May 19, 2009
—
Timothy P Olwell
Ragle LLC
Warranty Deed
$663,750 · Ragle LLC
May 20, 2004
—
Ragle LLC
—
Trustees Deed
related
$780,000 · Valuebank Texas
—
—
Ragle LLC
—
Deed Of Trust
related
$466,300 · Valuebank Texas
—
—
Ragle LLC
—
Deed Of Trust
related
$277,900 · Valuebank Texas
—
—
Ragle LLC
—
Deed Of Trust
related
$288,000 · Greater East Texas Certified D
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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