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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Individual retail properties
4902 Greenwood Dr Corpus Christi, TX 78416-1343
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US82-5323525
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1984
Total area
5,978 SF
Lot
0.61 ac (26,528 SF)
Zoning code
B-1
APN
8948-0010-0010
UPID
US82-5323525
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
-
Citgo Gas Station
-
P M I #1 Grocery & Convenience Store
-
ATM Atm
-
Tasty WAVEZ Italian Ice Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
F J Trade INC · 14 yrs held
F J Trade INC
since 2012
7 recorded transactions
Zoning & alternative use
B-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$745,000
Current use
OFFICE BUILDING
$730,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$715,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$84 / 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
$13,534
Tax year 2023
Assessed value
$635,000
Assessed 2024
Previous assessed
$635,000
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$148,506
Assessed improvement
$486,494
Land market value
$148,506
Improvement market value
$486,494
Total market value
$635,000
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
1984
Heating
CENTRAL
Cooling
CENTRAL
Total area
5,978 SF
Lot
0.61 ac (26,528 SF)
Zoning code
B-1
APN
8948-0010-0010
UPID
US82-5323525
Jurisdiction
NUECES
Zoning & alternative use
B-1 · Corpus Christi, TXZoning B-1 · permitted uses
B-1 · 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$745,000
OFFICE BUILDING
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$680,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1984
Heating
CENTRAL
Cooling
Yes
Lot
0.61 ac
Current owner
From public records · entity-resolved
F J Trade INC
Entity
Mailing address
4902 GREENWOOD DR, CORPUS CHRISTI, TX 78416-1343
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2017
—
Fj Trade INC
—
Deed
related
$513,213 · First Cmnty Bk
Jul 26, 2012
—
F J Trade INC
Y K Kim INC
Venders Lien
$472,000 · First Community Bank
May 17, 2010
—
Yk Kim INC
—
Trustees Deed
related
$50,000 · Texas Champion Bank
May 1, 2003
—
Y K Kim INC
G & M Superette INC
Grant Deed
$459,000 · American Bank
—
—
Fj Trade INC
—
Loan Modification
related
$472,000 · First Cmnty Bk
—
—
Y K Kim INC
—
Deed Of Trust
related
$131,213 · Texas Champion Bank
—
—
Yk Kim INC
—
Deed Of Trust
related
$100,000 · Texas Champion Bank
—
—
Yk Kim INC
—
Deed Of Trust
related
$391,831 · Texas Champion Bank
—
—
Fj Trade INC
—
Deed Of Trust
related
$513,213 · First Cmnty Bk
—
—
Yk Kim INC
—
Deed Of Trust
related
$50,000 · American Bank
—
—
Yk Kim INC
—
Deed Of Trust
related
$50,000 · Texas Champion Bank
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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