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Property profile & analytics
FOR LEASE
Medical Office Space
5959 S Staples St Corpus Christi, TX 78413
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3954988
For Lease
1 / 28
$2,175/Mo
5959 S Staples St, Corpus Christi, TX 78413
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
38,669 SF
Lot
2.18 ac (95,004 SF)
Zoning code
B-4
APN
1859-0004-0060
UPID
US82-3954988
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
-
Open Houses in Corpus Christi TX. | Walsh Team Realty Real Estate Agency
-
Dr. Michael Anderson, MD - Foundations of Texas Physician
-
Huddleston Counseling Services Counselor
-
Children’s Advocacy Center of the Coastal Bend Charitable Organization Social Service Agency
-
Arnold G. Gonzalez, Attorney at Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$3.72M
Owner & transaction history
Gonzalez Building LLP · 9 yrs held
Gonzalez Building LLP
since 2016
7 recorded transactions
Zoning & alternative use
B-4 · 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
MEDICAL BUILDING
$6,035,000
Current use
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±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
$96 / 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
$60,029
Tax year 2023
Assessed value
$3,179,444
Assessed 2024
Previous assessed
$2,816,600
+12.9% YoY
Effective rate
1.89%
On assessed value
Assessed land
$854,919
Assessed improvement
$2,324,525
Land market value
$854,919
Improvement market value
$2,324,525
Total market value
$3,179,444
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
For Lease
Year built
1981
Heating
CENTRAL
Cooling
CENTRAL
Total area
38,669 SF
Lot
2.18 ac (95,004 SF)
Zoning code
B-4
APN
1859-0004-0060
UPID
US82-3954988
Jurisdiction
NUECES
Zoning & alternative use
B-4 · Corpus Christi, TXZoning B-4 · permitted uses
B-4 · 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
MEDICAL BUILDING Current
Est. value
$6.0M
MEDICAL BUILDING 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
1981
Heating
CENTRAL
Cooling
Yes
Lot
2.18 ac
Current owner
From public records · entity-resolved
Gonzalez Building LLP
Entity
Free & Clear · 9 yrs held
Mailing address
518 PEOPLES ST, CORPUS CHRISTI, TX 78401-2320
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2020
—
Gonzalez Building LLP
—
Deed
related
$467,316 · Plainscapital Bk
Jul 9, 2019
—
Gonzalez Building LLP
—
Trustees Deed
related
$495,000 · Plainscapital Bk
Jan 26, 2018
—
Gonzalez Building LLP
—
Deed
related
$60,097 · Plainscapital Bk
Jan 30, 2017
—
Gonzalez Building LLP
—
Trustees Deed
related
$100,000 · Plainscapital Bk
Oct 3, 2016
—
Gonzalez Building LLP
Gonzalez Bros LP
Quit Claim Deed
related
—
—
—
Gonzalez Bros LP
—
Deed Of Trust
related
$200,000 · Charter Bk
—
—
Gonzalez Building LLP
—
Loan Modification
related
$60,097 · Plainscapital Bk
—
—
Gonzalez Building LLP
—
Loan Modification
related
$467,316 · Plainscapital 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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