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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Warehouses
5949 La Costa Dr Corpus Christi, TX 78414-2407
Individually Owned
21-yr Hold
Free & Clear
Property ID
US82-8180576
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2014
Total area
22,500 SF
Lot
0.95 ac (41,556 SF)
Zoning code
I-2
APN
4046-0002-0030
UPID
US82-8180576
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
-
Keep Cool Insulation General Contractor
-
Fox Mini Storage Storage Facility
-
Fox Home Builders Construction Company General Contractor
-
Shamrock Site Preparation Inc General Contractor Construction Company
-
Shamrock Trucking & Equipment Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$782k
Blend (final)
Blend
$735k
Owner & transaction history
Fox Tree & Landscape Nursery · 21 yrs held
Fox Tree & Landscape Nursery
since 2005
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
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$670,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$33 / 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
$40,782
Tax year 2023
Assessed value
$1,913,500
Assessed 2024
Previous assessed
$1,913,500
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$166,320
Assessed improvement
$1,747,180
Land market value
$166,320
Improvement market value
$1,747,180
Total market value
$1,913,500
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
NONE
Total area
22,500 SF
Lot
0.95 ac (41,556 SF)
Zoning code
I-2
APN
4046-0002-0030
UPID
US82-8180576
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
WAREHOUSE, STORAGE Current
Est. value
$670,000
WAREHOUSE, STORAGE Current
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
2014
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Fox Tree & Landscape Nursery
Individual
Free & Clear · 21 yrs held
Mailing address
5949 LA COSTA DR, CORPUS CHRISTI, TX 78414-2407
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2019
—
Fox Home Builders V LP
—
Loan Modification
related
$9,000,000 · Happy Sts Bk
Dec 28, 2017
—
Fox Tree & Landscape Nursery I
—
Grant Deed
related
$9,000,000 · Happy Sts Bk
Dec 7, 2016
—
Fox Home Builders IV LP
—
Deed
related
$7,000,000 · Happy Sts Bk
Nov 2, 2016
—
Fox Tree & Landscape Nursery I
—
Deed
related
$7,000,000 · Happy State Bank & Trust Co
Nov 14, 2012
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$4,000,000 · American Bank
Mar 10, 2011
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$1,800,000 · American Bank
Nov 18, 2009
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$1,800,000 · American Bank
Mar 4, 2009
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$1,400,053 · American Bank
Dec 1, 2008
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$1,000,000 · American Bank
Feb 1, 2005
—
Fox Tree & Landscape Nursery
Owner Name Unavailable
Grant Deed
related
—
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$233,600 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$600,000 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$700,000 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$7,000,000 · Happy State Bank & Trust Co
—
—
Fox Home Builders IV LP
—
Loan Modification
related
$7,000,000 · Happy Sts Bk
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$3,000,000 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$2,500,000 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$7,000,000 · Happy State Bank & Trust Co Happy State Bank & Trust Co
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$7,000,000 · * Other Institutional Lenders
—
—
Fox Tree & Landscape Nursery I
—
Loan Modification
related
$4,000,000 · American Bank
—
—
Fox Tree & Landscape Nursery I
—
Deed Of Trust
related
$800,000 · American 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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