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Property profile & analytics
OFF-MARKET
Estimated value
$17,625,000
Warehouses
4383 State Hwy 361 Port Aransas, TX 78373-5060
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4533017
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
13,200 SF
Lot
2.37 ac (103,237 SF)
Zoning code
ICL
APN
3069-0001-0030
UPID
US82-4533017
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
$10.73M
CAP Approach
CAP
$14.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.63M
Owner & transaction history
City Of Port Aransas · 6 yrs held
City Of Port Aransas
since 2020
Last sale
$22.8M
7 recorded transactions
Zoning & alternative use
ICL · 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
Method
Estimation
Statistic approach
by Request
ML approach
$10,730,000
CAP Approach
CAP Return
Estimation
6%
$15,935,000
6.5%
$14,710,000
7%
$13,655,000
Blend value · Realmo final
$17.63M
Range $15.86M – $19.39M · ±10% · vs last sale $22.85M (Apr 17 2020)
Last sale anchor
$22.85M
Apr 17 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,335 / 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
Assessed value
$954,242
Assessed 2024
Previous assessed
$768,104
+24.2% YoY
Assessed land
$412,949
Assessed improvement
$541,293
Land market value
$412,949
Improvement market value
$541,293
Total market value
$954,242
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Total area
13,200 SF
Lot
2.37 ac (103,237 SF)
Zoning code
ICL
APN
3069-0001-0030
UPID
US82-4533017
Jurisdiction
NUECES
Zoning & alternative use
ICL · Port Aransas, TXZoning ICL · permitted uses
ICL · 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
2007
Heating
NONE
Lot
2.37 ac
Current owner
From public records · entity-resolved
City Of Port Aransas
Entity
Free & Clear · 6 yrs held
Mailing address
710 W AVE A A, PORT ARANSAS, TX 78373-4128
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2020
—
City Of Port Aransas
Km Beach LLC
Grant Deed
related
—
Feb 28, 2013
—
Km Beach LLC
Hcb Beach Texas LLC
Quit Claim Deed
related
$22,000,000 · International Bk/commerce
Jan 6, 2012
$22,845,000
Hcb Beach Texas LLC
Adolph,john C
Trustees Deed
—
Sep 21, 2009
—
Texas Gulf & Harbor Ltd
—
Trustees Deed
related
$1,500,000 · Craig J JR Millard
Dec 22, 2008
—
G & H Beach Dev Ltd
—
Trustees Deed
related
$35,500,000 · Hillcrest Bank
Apr 1, 2008
—
G & H Beach Dev Ltd
—
Grant Deed
related
$35,500,000 · Hillcrest Bank
Jul 12, 2005
—
G & H Beach Dev Ltd
Texas Gulf & Harbor Ltd
Warranty Deed
$35,500,000 · Hillcrest Bank
Sep 10, 2004
—
Texas Gulf & Harbor Ltd
Gulfwind Developers Ltd
Quit Claim Deed
related
—
—
—
Km Beach LLC
—
Deed Of Trust
related
$3,000,000 · International Bk/commerce
—
—
G & H Beach Dev Ltd
—
Deed Of Trust
related
$1,500,000 · Craig J JR Millard
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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