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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Medical Office Space
614 Furman Ave Corpus Christi, TX 78404-2325
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US82-0175056
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Total area
7,809 SF
Lot
0.59 ac (25,483 SF)
Zoning code
AB
APN
3171-0001-0070
UPID
US82-0175056
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
-
FAITH EBANGHA MABO Physician
-
Bay Area Kidney Disease Physicians Medical Clinic
-
Dr. Cynthia Salloum Physician Medical Clinic
-
Dr. Samer Jifi-Bahlool Physician Medical Clinic
-
Dr. Jorge L. Vazquez Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$500k
Owner & transaction history
Kiddox Properties LLC · 22 yrs held
Kiddox Properties LLC
since 2004
2 recorded transactions
Zoning & alternative use
AB · Corpus Christi, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$830,000
+25.3%
Office building
$805,000
+21.8%
Retail stores
$770,000
+16.2%
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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$660,000
Current use
RESTAURANT
$830,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$805,000
Change: +22% · Conversion: Easy
RETAIL STORES
$770,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$64 / 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
$27,444
Tax year 2023
Assessed value
$1,180,994
Assessed 2024
Previous assessed
$1,287,665
-8.3% YoY
Effective rate
2.32%
On assessed value
Assessed land
$191,250
Assessed improvement
$989,744
Land market value
$191,250
Improvement market value
$989,744
Total market value
$1,180,994
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
2000
Heating
NONE
Stories
1
Total area
7,809 SF
Lot
0.59 ac (25,483 SF)
Zoning code
AB
APN
3171-0001-0070
UPID
US82-0175056
Jurisdiction
NUECES
Zoning & alternative use
AB · Corpus Christi, TXZoning AB · permitted uses
AB · 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
$660,000
RESTAURANT
Est. value
$830,000
OFFICE BUILDING
Est. value
$805,000
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
2000
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Kiddox Properties LLC
Entity
Mailing address
614 FURMAN AVE, CORPUS CHRISTI, TX 78404-2325
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2004
—
Kiddox Properties LLC
Bay Area Kidney Disease Physic
Warranty Deed
$1,020,000 · Bay Area Kidney Disease Physic
—
—
Kiddox Properties LLC
—
Deed Of Trust
related
$595,224 · Compass 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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