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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Parking lots & garages
606 Carancahua St Corpus Christi, TX 78401-0699
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2914164
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1950
Total area
138,010 SF
Lot
0.52 ac (22,738 SF)
Zoning code
B-6
APN
0797-0003-0110
UPID
US82-2914164
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
-
Firewood Corpus Christi TX Big Box & Wholesale Store
-
Davila David M Law Firm
-
Wilson Plaza Corporate Office
-
Mary Garrett & Associates Business Service Center Conference Center
-
Innovaum, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Uc Wilson Plaza Holder LLC · 6 yrs held
Uc Wilson Plaza Holder LLC
since 2019
6 recorded transactions
Zoning & alternative use
B-6 · 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
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$6 / 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
$13,909
Tax year 2023
Assessed value
$650,000
Assessed 2024
Previous assessed
$652,608
-0.4% YoY
Effective rate
2.14%
On assessed value
Assessed land
$93,733
Assessed improvement
$556,267
Land market value
$93,733
Improvement market value
$556,267
Total market value
$650,000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1950
Heating
NONE
Total area
138,010 SF
Lot
0.52 ac (22,738 SF)
Zoning code
B-6
APN
0797-0003-0110
UPID
US82-2914164
Jurisdiction
NUECES
Zoning & alternative use
B-6 · Corpus Christi, TXZoning B-6 · permitted uses
B-6 · 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
1950
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
Uc Wilson Plaza Holder LLC
Entity
Free & Clear · 6 yrs held
Mailing address
745 BOYLSTON ST STE #502, BOSTON, MA 02116-2658
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2019
$10,026,197
Uc Wilson Plaza Holder LLC
Mendoza Arnold|corpus Wcec LLC
Trust Deed
—
Dec 3, 2018
—
600 Building LLC
—
Trust Deed
related
$2,320,000 · First Nat'l Bk/beeville
Aug 31, 2018
—
Corpus Wcec LLC
Wilson Plaza Associates LP
Trustees Deed
$11,500,000 · Uc Ldba Fund I Ventures LLC
May 28, 2013
—
Wilson Plaza Associates LP
—
Loan Modification
related
$5,200,000 · American Bk/bradenton
Feb 21, 2013
—
Wilson Plaza Associates LP
—
Loan Modification
related
$5,200,000 · American Bank
—
—
Wilson Plaza Associates LP
—
Deed Of Trust
related
$153,723 · American Bk/bradenton
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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