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Property profile & analytics
OFF-MARKET
Estimated value
$5,810,000
Office buildings
711 Carancahua St, Corpus Christi, TX 78401-0599
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2487875
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
361,913 SF
Lot
2 ac (86,989 SF)
Zoning code
B-6
APN
0797-0011-0010
UPID
US82-2487875
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
-
Commercial Appliance Repair Company Home Appliance Store
-
Czech-Mex Bakery and Cafe Bakery Specialty Food Shop
-
Subway Take-out & Catering
-
Texas Tax Consulting Group, LLC Tax Preparation
-
Walsh Law Firm Mediation Service Estate Planning Attorney
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.81M
Owner & transaction history
Thomas Weber LLC · 5 yrs held
Thomas Weber LLC
since 2021
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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
$169,759
Tax year 2023
Assessed value
$5,600,000
Assessed 2024
Previous assessed
$7,965,171
-29.7% YoY
Effective rate
3.03%
On assessed value
Assessed land
$1,218,000
Assessed improvement
$4,382,000
Land market value
$1,218,000
Improvement market value
$4,382,000
Total market value
$5,600,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
361,913 SF
Lot
2 ac (86,989 SF)
Zoning code
B-6
APN
0797-0011-0010
UPID
US82-2487875
Jurisdiction
NUECES
Zoning & alternative use
B-6 · Corpus Christi, TX
Zoning 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
Corpus Christi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Thomas Weber LLC
Entity
Mailing address
9227 RONDA LN, HOUSTON, TX 77074-1326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2021
—
Thomas Weber LLC
Christi Island Apartmen Corpus
Warranty Deed
related
—
Jul 17, 2020
—
Sfp 711 Corpus Chirsti LLC
—
Deed
related
$3,850,000 · Houston FCU
Aug 7, 2019
—
Elizabeth,svabic 2012 Trust
—
Deed
related
$2,145,283 · Plains St Bk
Jul 30, 2019
—
Sfp 711 Corpus Christi LLC
—
Deed
related
$802,000 · Plains St Bk
Apr 30, 2012
—
Sfp 711 Corpus Christi LLC
—
Trustees Deed
related
$1,150,000 · Plains State Bank
Oct 25, 2010
—
Sfp 711 Corpus Christi LLC
—
Trustees Deed
related
$150,000 · Post Oak Bank
Apr 2, 2009
—
Sfp 711 Corpus Christi LLC
Corpus Assets LP
Venders Lien
$2,000,000 · Post Oak Bank NA
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$150,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$500,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$500,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$1,225,000 · Plains State Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$1,775,000 · Plains State Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$2,600,000 · Plains State Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$150,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$1,000,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$1,000,000 · Post Oak Bank
—
—
Sfp 711 Corpus Christi LLC
—
Deed Of Trust
related
$802,000 · Plains St Bk
—
—
Elizabeth,svabic 2012 Trust
—
Loan Modification
related
$2,145,283 · Plains St Bk
—
—
Armadillo Glass INC
—
Deed Of Trust
related
$1,150,000 · Plains State 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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