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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Strip malls
6314 Yorktown Blvd Corpus Christi, TX 78414-5829
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2168445
Property summary
AI-generated overview
This exceptional 17,445 square foot shopping center, located at 6314 Yorktown Blvd in Corpus Christi, Texas, presents a compelling investment opportunity. Built in 2008, this Class B retail property boasts a current 100% occupancy rate across a diverse tenant mix, generating a strong Net Operating Income (NOI) of $337,125, representing a 7.50% capitalization rate. The property's pro-forma NOI is projected at $375,000, indicating a potential pro-forma cap rate of 9.12%. The asking price is $4,110,000, translating to a price per square foot of $235.60. The property operates under a Triple Net Lease (NNN) structure. Its prime location within Corpus Christi offers convenient access for shoppers in nearby neighborhoods, contributing to its consistent high occupancy and strong rental income. This stabilized investment provides immediate cash flow and significant value-add potential through rent compression strategies. The property is situated in Nueces County, Texas, zip code 78414.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
17,422 SF
Lot
1.64 ac (71,264 SF)
APN
3987-0001-0040
UPID
US82-2168445
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
-
Renzo Gracie Texas Team Arredondo Training Center Sports School
-
The Most Comida Restaurant
-
Cancun Mexican Restaurant Restaurant
-
Redsspot Gambling House
-
The Hot Box Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$764k
Blend (final)
Blend
$695k
Owner & transaction history
Sahar M LLC · 1 yrs held
Sahar M LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+65.0%
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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Current use
MEDICAL BUILDING
$1,110,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$40 / 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
$60,949
Tax year 2023
Assessed value
$3,039,747
Assessed 2024
Previous assessed
$2,859,760
+6.3% YoY
Effective rate
2.01%
On assessed value
Assessed land
$534,585
Assessed improvement
$2,505,162
Land market value
$534,585
Improvement market value
$2,505,162
Total market value
$3,039,747
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
NONE
Total area
17,422 SF
Lot
1.64 ac (71,264 SF)
APN
3987-0001-0040
UPID
US82-2168445
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$670,000
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
2008
Heating
NONE
Lot
1.64 ac
Current owner
From public records · entity-resolved
Sahar M LLC
Entity
Mailing address
8722 KING RNCH DR, CORPUS CHRISTI, TX 78414-6356
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
Sahar M LLC
Snf Rrr LLC
Deed
$3,060,000 · First Community Bank Lexington
Feb 27, 2024
—
Snf Rrr LLC
Roya Faty Farahnakian
Deed
—
Jun 4, 2019
—
The Farahnakian Revocable Trust
Buckeye Capital Management LLC
Venders Lien
$1,500,000 · Plainscapital Bank
Feb 25, 2019
—
Buckeye Capital Mgt LLC
—
Deed
related
$245,054 · Plainscapital Bk
Dec 11, 2018
—
Buckeye Capital Mgt LLC
—
Deed
related
$250,000 · Plainscapital Bk
Nov 16, 2018
—
Buckeye Capital Mgt LLC
—
Deed
related
$250,000 · Plainscapital Bank
Jul 20, 2016
—
Buckeye Capital Mgt LLC
Scorpio Dev LLC
Warranty Deed
related
$1,685,000 · Plainscapital Bk
—
—
Buckeye Capital Mgt LLC
—
Loan Modification
related
$250,000 · Plainscapital Bk
—
—
Buckeye Capital Mgt LLC
—
Loan Modification
related
$245,054 · 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.
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