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Property profile & analytics
OFF-MARKET
Office buildings
427 Old Robstown Rd A-1, Corpus Christi, TX 78408-3439
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5199144
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
607 SF
Lot
0.92 ac (40,075 SF)
Zoning code
B-1A
APN
2617-0000-0070
UPID
US82-5199144
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
-
Wombat Excavation Construction Company
-
American Foundation and Roofing Charitable Organization
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
South Texas Rainbow Limited Partner · 2 yrs held
South Texas Rainbow Limited Partner
since 2023
5 recorded transactions
Zoning & alternative use
B-1A · Corpus Christi, 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 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
—
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
$3,368
Tax year 2023
Assessed value
$225,511
Assessed 2024
Previous assessed
$158,043
+42.7% YoY
Effective rate
1.49%
On assessed value
Assessed land
$50,269
Assessed improvement
$175,242
Land market value
$50,269
Improvement market value
$175,242
Total market value
$225,511
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Buildings
2
Total area
607 SF
Lot
0.92 ac (40,075 SF)
Zoning code
B-1A
APN
2617-0000-0070
UPID
US82-5199144
Jurisdiction
NUECES
Zoning & alternative use
B-1A · Corpus Christi, TX
Zoning B-1A · permitted uses
B-1A · Corpus Christi, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corpus Christi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
South Texas Rainbow Limited Partner
Individual
Free & Clear · 2 yrs held
Mailing address
3701 PO BOX 5405TH DR, CORPUS CHRISTI, TX 78465-5405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2023
$92,500
South Texas Rainbow Limited Partner
Corina Vela
Trustees Deed
related
—
Jun 24, 2015
—
Corina Vela
South Texas Rainbow LP
Warranty Deed
$125,000 · South Texas Rainbow LP
Nov 1, 2011
$85,000
Laredo Scrap Materials INC
F-t Service Corp
Trustees Deed
—
Oct 19, 2007
—
Laredo Scrap Materials INC
South Texas Rainbow
Grant Deed
related
—
Dec 2, 2004
—
Jerrylen Clay
Donath,helen J
Grant Deed
related
—
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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