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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Motels
6033 Leopard St Corpus Christi, TX 78409-1409
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-4572833
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1958
Total area
46,641 SF
Lot
4.97 ac (216,493 SF)
APN
3668-0001-0010
UPID
US82-4572833
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
-
Executive Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$795k
Owner & transaction history
Amani Hospitality LLC · 2 yrs held
Amani Hospitality LLC
since 2024
7 recorded transactions
Zoning & alternative use
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
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,185,000
Current use
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$17 / 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
$48,095
Tax year 2023
Assessed value
$2,296,829
Assessed 2024
Previous assessed
$2,155,500
+6.6% YoY
Effective rate
2.09%
On assessed value
Assessed land
$703,602
Assessed improvement
$1,593,227
Land market value
$703,602
Improvement market value
$1,593,227
Total market value
$2,296,829
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
1958
Heating
NONE
Stories
1
Total area
46,641 SF
Lot
4.97 ac (216,493 SF)
APN
3668-0001-0010
UPID
US82-4572833
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
HOTEL/MOTEL Current
Est. value
$1.2M
HOTEL/MOTEL 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
1958
Heating
NONE
Stories
1
Lot
4.97 ac
Current owner
From public records · entity-resolved
Amani Hospitality LLC
Entity
Mailing address
6033 LEOPARD ST, CORPUS CHRISTI, TX 78409-1409
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Amani Hospitality LLC
—
Deed
related
$327,800 · Ready Capital Corp
Jan 29, 2024
—
Amani Hospitality LLC
Devendrakumar L Bhakta
Venders Lien
$1,284,000 · Ready Capital Corp
Dec 14, 2020
—
Eleven Realty LLC
Brianna M Garza
Warranty Deed
$225,988 · Freedom Mtg
Aug 16, 2018
—
Hitesh L Bhakta
—
Deed
related
$109,000 · Valuebank/tx
Jun 8, 2016
—
Devendrakumar L Bhakta
—
Deed
related
$400,000 · Valuebank/tx
Aug 22, 2008
—
Devendrakumar L Bhakta
Bhakta,hitesh L
Quit Claim Deed
related
—
Mar 9, 2006
—
Hitesh L Bhakta
Semon Corp INC
Warranty Deed
$1,090,000 · Valuebank Texas
—
—
Hitesh L Bhakta
—
Deed Of Trust
related
$1,090,000 · Valuebank Texas
—
—
Devendrakumar L Bhakta
—
Deed Of Trust
related
$400,000 · Valuebank/tx
—
—
Hitesh L Bhakta
—
Deed Of Trust
related
$250,000 · Valuebank Texas
—
—
Devendrakumar L Bhakta
—
Loan Modification
related
$640,591 · Valuebank Texas
—
—
Devendrakumar L Bhakta
—
Loan Modification
related
$380,041 · Valuebank/tx
—
—
Hitesh L Bhakta
—
Loan Modification
related
$109,000 · Valuebank/tx
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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