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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Medical Office Space
5440 Old Brownsville Rd 5 Corpus Christi, TX 78417-9765
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5421111
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Total area
9,511 SF
Lot
1.18 ac (51,270 SF)
Zoning code
I-2
APN
1095-0000-0050
UPID
US82-5421111
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
-
Hernandez Michael MD Physician
-
Psychiatric Specialists of Texas Physician
-
Children's Psychiatric Services of South Texas, PLLC Physician
-
Dietian Needs with CPSOST Weight Loss Service
-
Jo Koepsel Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
Behavioral Mental Health Center Of · 7 yrs held
Behavioral Mental Health Center Of
since 2019
7 recorded transactions
Zoning & alternative use
I-2 · 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%
$1,850,000
6.5%
$1,705,000
7%
$1,585,000
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±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
$176 / 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
$16,934
Tax year 2023
Assessed value
$782,694
Assessed 2024
Previous assessed
$791,602
-1.1% YoY
Effective rate
2.16%
On assessed value
Assessed land
$128,153
Assessed improvement
$654,541
Land market value
$128,153
Improvement market value
$654,541
Total market value
$782,694
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
9,511 SF
Lot
1.18 ac (51,270 SF)
Zoning code
I-2
APN
1095-0000-0050
UPID
US82-5421111
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
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Behavioral Mental Health Center Of
Individual
Mailing address
5414 HULEN DR, CORPUS CHRISTI, TX 78413-2245
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
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2019
—
Behavioral Mental Health Center Of
Pitzer Real Estate LLC
Venders Lien
$594,150 · Frost Bank
Oct 23, 2018
—
Pitzer Real Estate LLC
—
Deed
related
$400,000 · Frost Bk
Jul 13, 2018
—
Gpm Engineering INC
—
Deed
related
$226,793 · Frost Bk
Feb 26, 2018
—
Pitzer Real Estate LLC
—
Deed
related
$368,472 · Frost Bk
Oct 11, 2017
—
Gpm Engineering INC
—
Deed
related
$275,232 · Frost Bk
Oct 10, 2017
—
Gpm Management INC
—
Deed
related
$52,940 · Frost Bk
Jun 19, 2017
—
Gpm Management INC
—
Deed
related
$52,940 · Frost Bk
Jun 15, 2017
—
Gpm Engineering INC
—
Deed
related
$275,232 · Frost Bk
Nov 3, 2016
—
Pitzer Real Estate LLC
—
Deed
related
$275,232 · Frost Bank
Nov 2, 2016
—
Pitzer Real Estate LLC
—
Deed
related
$379,543 · Frost Bk
Oct 26, 2016
—
Pitzer Real Estate LLC
—
Deed
related
$52,940 · Frost Bank
Dec 21, 2012
—
Pitzer Real Estate LLC
Pitzer,ralph S
Quit Claim Deed
—
—
—
Pitzer Real Estate LLC
—
Loan Modification
related
$400,000 · Frost Bk
—
—
Ralph S Pitzer
—
Deed Of Trust
related
$258,000 · Texas Champion Bank
—
—
Pitzer Real Estate LLC
—
Loan Modification
related
$379,543 · Frost Bk
—
—
Gpm Management INC
—
Loan Modification
related
$52,940 · Frost Bk
—
—
Gpm Engineering INC
—
Loan Modification
related
$275,232 · Frost Bk
—
—
Pitzer Real Estate LLC
—
Loan Modification
related
$368,472 · Frost Bk
—
—
Gpm Engineering INC
—
Loan Modification
related
$275,232 · Frost Bk
—
—
Gpm Management INC
—
Loan Modification
related
$52,940 · Frost Bk
—
—
Gpm Engineering INC
—
Loan Modification
related
$275,232 · Frost Bk
—
—
Pitzer Real Estate LLC
—
Loan Modification
related
$373,543 · Frost Bk
—
—
Gpm Engineering INC
—
Loan Modification
related
$226,793 · Frost Bk
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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