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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Strip malls
4520 Crosstown Expy Corpus Christi, TX 78415-1421
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2050273
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
17,609 SF
Lot
1.61 ac (70,001 SF)
Zoning code
I-2
APN
0580-0001-0121
UPID
US82-2050273
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
-
South Texas Filter & Supply Co Big Box & Wholesale Store
-
DCM Floors To Go Carpet & Flooring Store Hardware & Home Improvement
-
Texas Auto Sales Car Dealership
-
Armadillo Auto Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$775k
Owner & transaction history
Rapid Air INC · 6 yrs held
Rapid Air INC
since 2019
5 recorded transactions
Zoning & alternative use
I-2 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.0M
+25.1%
Warehouse, storage
$850,000
+3.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Current use
INDUSTRIAL (GENERAL)
$1,025,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$850,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10%
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
$44 / 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
$35,741
Tax year 2023
Assessed value
$1,727,782
Assessed 2024
Previous assessed
$1,676,965
+3.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$385,105
Assessed improvement
$1,342,677
Land market value
$385,105
Improvement market value
$1,342,677
Total market value
$1,727,782
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
NONE
Total area
17,609 SF
Lot
1.61 ac (70,001 SF)
Zoning code
I-2
APN
0580-0001-0121
UPID
US82-2050273
Jurisdiction
NUECES
Zoning & alternative use
I-2 · Corpus Christi, TXZoning I-2 · permitted uses
I-2 · Corpus Christi, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$820,000
INDUSTRIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
1.61 ac
Current owner
From public records · entity-resolved
Rapid Air INC
Entity
Free & Clear · 6 yrs held
Mailing address
5438 WHITEMARSH DR, CORPUS CHRISTI, TX 78413-3828
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2019
—
Rapid Air INC
Castaneda,eladio
Warranty Deed
related
—
Jul 10, 2019
—
Rapid Air INC
—
Deed
related
$745,000 · Bank Of America
Jul 26, 2018
—
Eladio Castaneda
Csw Crosstown LLC
Warranty Deed
$800,000 · Kleberg Bk NA
Jan 18, 2017
—
Csw Crosstown LLC
Charlie Thomas Courtesy Ford
Grant Deed
related
—
Aug 31, 2015
—
2 Hart Investments LLC
Port City Imports INC
Special Warranty Deed
$759,100 · Wells Fargo Bank NA
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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