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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Medical Office Space
5637 Corsica Rd Corpus Christi, TX 78414-6293
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9902708
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Total area
8,280 SF
Lot
1 ac (43,560 SF)
APN
0448-0001-0110
UPID
US82-9902708
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
-
Institute Of Precision Pain Medicine Physician
-
Kristi Thulin Physician
-
Puneet Sayal Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$595k
Owner & transaction history
Phantamn Canyon LLC · 7 yrs held
Phantamn Canyon LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$990,000
+87.9%
Restaurant
$685,000
+29.6%
Retail stores
$645,000
+22.0%
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
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$525,000
Current use
AUTO REPAIR, GARAGE
$990,000
Change: +88% · Conversion: Difficult
RESTAURANT
$685,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: +21% · Conversion: Easy
INDUSTRIAL (GENERAL)
$570,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$72 / 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
$48,235
Tax year 2023
Assessed value
$2,942,339
Assessed 2024
Previous assessed
$2,263,219
+30.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$217,800
Assessed improvement
$2,724,539
Land market value
$217,800
Improvement market value
$2,724,539
Total market value
$2,942,339
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
2019
Heating
NONE
Total area
8,280 SF
Lot
1 ac (43,560 SF)
APN
0448-0001-0110
UPID
US82-9902708
Jurisdiction
NUECES
Zoning & alternative use
Zoning · permitted uses
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
MEDICAL BUILDING Current
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$990,000
RESTAURANT
Est. value
$685,000
RETAIL STORES
Est. value
$645,000
OFFICE BUILDING
Est. value
$635,000
INDUSTRIAL (GENERAL)
Est. value
$570,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (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
2019
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Phantamn Canyon LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8730 KING RNCH DR, CORPUS CHRISTI, TX 78414-6356
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2019
—
Phantamn Canyon LLC
Gs & Wl Holdings LLC
Warranty Deed
related
—
Nov 20, 2018
—
Engle & Liu Ippm PLLC
—
Deed
related
$2,097,800 · American Bk NA
Dec 27, 2017
—
Susanne J Munguia
Mokry Gerald L
Quit Claim Deed
related
—
—
—
Engle & Liu Ippm PLLC
—
Deed Of Trust
related
$2,097,800 · American Bk 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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