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Property profile & analytics
OFF-MARKET
Retail space
409 Alister St Port Aransas, TX 78373-4055
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3261684
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
752 SF
Lot
0.44 ac (19,384 SF)
Zoning code
BUS
APN
1110-0001-0190
UPID
US82-3261684
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
-
Big Shell Bikes Cycling Facility (Bike/Boat/Book/etc) Store
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
Kj Island Invetsments LP · 6 yrs held
Kj Island Invetsments LP
since 2020
7 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
$19,158
Tax year 2023
Assessed value
$1,516,033
Assessed 2024
Previous assessed
$1,516,033
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,356,033
Assessed improvement
$160,000
Land market value
$1,356,033
Improvement market value
$160,000
Total market value
$1,516,033
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Buildings
2
Stories
1
Total area
752 SF
Lot
0.44 ac (19,384 SF)
Zoning code
BUS
APN
1110-0001-0190
UPID
US82-3261684
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
Heating
NONE
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Kj Island Invetsments LP
Entity
Mailing address
373 BAYSIDE DR, PORT ARANSAS, TX 78373-4929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Kj Island Invetsments LP
Angler S Couty LLC
Venders Lien
$500,000 · American Bank NA
Jan 10, 2017
—
Anglers Court LLC
—
Trustees Deed
related
$93,000 · American Bk
Apr 4, 2016
—
Charles G Abbott
Robertson,samuel R JR
Grant Deed
related
—
Mar 8, 2016
—
Samuel R Robertson JR
Caylor,seth C
Warranty Deed
$100,000 · Charles G Abbott
Dec 18, 2015
—
Seth C Caylor
Anglers Court LLC
Grant Deed
related
—
Apr 15, 2013
—
Anglers Court LLC
Buerger,flora C
Grant Deed
related
—
—
—
Anglers Court LLC
—
Deed Of Trust
related
$55,000 · American Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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