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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Motels
6255 Ih 37 Corpus Christi, TX 78409-1525
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1698357
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1975
Total area
141,352 SF
Lot
6.82 ac (297,079 SF)
Zoning code
B-4
APN
3695-0005-0020
UPID
US82-1698357
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.67M
Owner & transaction history
Corpus Christi Cap Grp LLC · 6 yrs held
Corpus Christi Cap Grp LLC
since 2020
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
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±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
$12 / 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
$97,962
Tax year 2023
Assessed value
$450,000
Assessed 2024
Previous assessed
$4,390,425
-89.8% YoY
Effective rate
21.77%
On assessed value
Assessed land
$297,079
Assessed improvement
$152,921
Land market value
$297,079
Improvement market value
$152,921
Total market value
$450,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1975
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
141,352 SF
Lot
6.82 ac (297,079 SF)
Zoning code
B-4
APN
3695-0005-0020
UPID
US82-1698357
Jurisdiction
NUECES
Zoning & alternative use
B-4 · Corpus Christi, TX
Zoning 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
Corpus Christi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.82 ac
Current owner
From public records · entity-resolved
Corpus Christi Cap Grp LLC
Entity
Free & Clear · 6 yrs held
Mailing address
128 WESTCOURT LN, SAN ANTONIO, TX 78257-1271
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2020
—
Corpus Christi Cap Grp LLC
Valstay LLC
Grant Deed
—
Jul 12, 2010
—
Valstay LLC
Palm Finance Corp
Warranty Deed
—
Apr 30, 2010
$1,950,000
Palm Finance Corp
Gage Sheila
Trustees Deed
related
—
Mar 15, 2010
—
Palm Finance Corp
6255 Interstate 37 LP
Grant Deed
—
Dec 8, 2006
—
6255 Interstate 37
Fj Group LLC
Grant Deed
$2,515,000 · Palm Finance Corp
Apr 5, 2006
$900,000
Fj Group LLC
Landreth,scott E
Trustees Deed
related
—
Mar 13, 2006
$200,000
Fj Group LLC
F-t Service Corp
Trustees Deed
related
—
Nov 18, 2003
—
Jwj North Star Management LLC
Fj Group LLC
Grant Deed
$1,150,000 · Park Cities Bank
Feb 11, 2002
—
Jf Group LLC
Fj Interests Ltd
Grant Deed
related
—
—
—
Fj Group LLC
—
Deed Of Trust
related
$650,000 · Hibernia National Bank
—
—
Jwj North Star Management INC
—
Deed Of Trust
related
—
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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