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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Individual retail properties
3535 Cottonwood St, Corpus Christi, TX 78411-3381
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4257056
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1969
Total area
58,780 SF
Lot
1.99 ac (86,902 SF)
APN
1562-0000-0010
UPID
US82-4257056
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
Current use
Occupant on record · Public records
-
Cottonwood Apartments Apartment Building
-
Southern Comfort Apartment Homes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Rd Cc Cotton Wood72 LLC · 1 yrs held
Rd Cc Cotton Wood72 LLC
since 2025
6 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$31 / 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
$50,018
Tax year 2023
Assessed value
$2,279,463
Assessed 2024
Previous assessed
$2,346,880
-2.9% YoY
Effective rate
2.19%
On assessed value
Assessed land
$173,842
Assessed improvement
$2,105,621
Land market value
$173,842
Improvement market value
$2,105,621
Total market value
$2,279,463
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1969
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
58,780 SF
Lot
1.99 ac (86,902 SF)
APN
1562-0000-0010
UPID
US82-4257056
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
Building & site characteristics
From public records
Year built
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Rd Cc Cotton Wood72 LLC
Entity
Mailing address
1243 NILE DR, CORPUS CHRISTI, TX 78412-4120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 1, 2025
—
Rd Cc Cotton Wood72 LLC
Koichiro Teramoto
Deed
$1,650,000 · First Community Bank Lexington
May 16, 2018
—
Koichiro Teramoto
—
Deed
related
$175,000,000 · Mita Securities Co Ltd
Feb 27, 2015
—
Koichiro Teramoto
Koichiro Teramoto LLC
Quit Claim Deed
—
Feb 12, 2015
—
3535 Cottonwood Acquisition Ll
Dunn John R
Warranty Deed
$1,400,000 · Randolph Doi
—
—
Koichiro Teramoto
—
Deed Of Trust
related
$1,400,000 · Private Individual
—
—
Koichiro Teramoto
—
Deed Of Trust
related
$175,000,000 · Mita Securities Co Ltd
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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