Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Motels
5014 Crosstown Expy Corpus Christi, TX 78415-1433
Entity Owned
11-yr Hold
Free & Clear
Property ID
US82-3670621
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2007
Total area
38,556 SF
Lot
1.56 ac (68,128 SF)
Zoning code
I-2
APN
0580-0002-0048
UPID
US82-3670621
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
-
Candlewood Suites Corpus Christi-Spid, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.58M
Owner & transaction history
Ullah Hospitality INC · 11 yrs held
Ullah Hospitality INC
since 2015
4 recorded transactions
Zoning & alternative use
I-2 · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.2M
+129.1%
Warehouse, storage
$1.9M
+89.5%
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
HOTEL/MOTEL
$980,000
Current use
INDUSTRIAL (GENERAL)
$2,245,000
Change: +129% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,860,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$41 / 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
$94,835
Tax year 2023
Assessed value
$5,020,113
Assessed 2024
Previous assessed
$4,449,692
+12.8% YoY
Effective rate
1.89%
On assessed value
Assessed land
$612,963
Assessed improvement
$4,407,150
Land market value
$612,963
Improvement market value
$4,407,150
Total market value
$5,020,113
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2007
Heating
NONE
Stories
3
Total area
38,556 SF
Lot
1.56 ac (68,128 SF)
Zoning code
I-2
APN
0580-0002-0048
UPID
US82-3670621
Jurisdiction
NUECES
Zoning & alternative use
I-2 · Corpus Christi, TX
Zoning 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
Corpus Christi. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$980,000
INDUSTRIAL (GENERAL)
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.9M
HOTEL/MOTEL 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
2007
Heating
NONE
Stories
3
Lot
1.56 ac
Current owner
From public records · entity-resolved
Ullah Hospitality INC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 690710, SAN ANTONIO, TX 78269-0710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2015
—
Ullah Hospitality INC
Ullah Investments LLC
Quit Claim Deed
related
—
Aug 24, 2006
—
Ullah Investments INC
Ullah,aman
Quit Claim Deed
$3,597,755 · First National Bank
Jan 4, 2005
—
Aman Ullah
Als Formal Wear INC
Warranty Deed
$251,250 · First National Bank
—
—
Ullah Investments LLC
—
Deed Of Trust
related
$3,568,653 · First National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5014 Crosstown Expy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
