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    Property profile & analytics

    745 Everhart Rd Corpus Christi, TX 78411-1942

    • Office buildings
    • 3,049 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4357924
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kari’s Beauty Bar / Hair Salon
    • Boho Bliss Esthetics / Hair Salon / Nail Salon
    • MERLE NORMAN COSMETICS STUDIO / Cosmetic Store

    Property Details for 745 Everhart Rd

    Year built
    1971
    Lot size
    0.39 lot acres
    Property size
    3,049 SF
    Zone code
    AB
    Property type
    Office buildings
    APN
    8562-0000-0100
    APU
    856200000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.3767
    Latitude
    27.726
    CBSA code
    18580
    CBSA name
    CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,064
    $152,469
    $272,806
    $425,275
    -
    $152,469
    $272,806
    $425,275

    Comparable in this City

    • Value Estimation
      $1,775,000
      41,656 SF

      3833 Staples St

      OFFICE BUILDING • 41,656 SF
      3833 Staples St, Corpus Christi, TX 78411-5200
      View Details
    • Value Estimation
      $1,315,000
      6,250 SF

      601 Texan Trl

      OFFICE BUILDING • 6,250 SF
      601 Texan Trl, Corpus Christi, TX 78411-2547
      View Details
    • Value Estimation by Request
      1,582 SF

      709 Everhart Rd

      OFFICE BUILDING • 1,582 SF
      709 Everhart Rd, Corpus Christi, TX 78411-1905
      View Details
    • Value Estimation by Request
      946 SF

      617 Everhart Rd

      OFFICE BUILDING • 946 SF
      617 Everhart Rd, Corpus Christi, TX 78411-1903
      View Details
    • Value Estimation by Request
      1,169 SF

      4726 Everhart Rd

      OFFICE BUILDING • 1,169 SF
      4726 Everhart Rd, Corpus Christi, TX 78411-2740
      View Details
    • Value Estimation by Request
      1,168 SF

      641 Everhart Rd

      OFFICE BUILDING • 1,168 SF
      641 Everhart Rd, Corpus Christi, TX 78411-1903
      View Details

    Similar Nearby for Sale

    • $400,000

      Versatile Office Space For Sale

      Spacious office building with ample parking and multiple entry points.
      4942 Everhart Rd, Corpus Christi, TX 78411
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    • $475,000
      0.25 Acres

      Corner Lot with Office Building

      Corner lot with office building, garage, and storage building.
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      Versatile Office Space For Sale

      Well-maintained office building with ample parking and accessibility features.
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    • $425,000
      2,400 SF

      Remodeled Building on Weber Street

      Remodeled 2,400 SF building on Weber Street in Corpus Christi.
      5133 Weber Rd, Corpus Christi, TX 78411
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    • $949,000
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      Corpus Christi Multi-Use Portfolio

      High-yield investment, 16,086 SF, 60% occupied.
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    • $279,000
      1,153 SF

      Office/Retail Space in High-Traffic Area

      Office or retail space in a high-traffic Corpus Christi location.
      701 Everhart Rd, Corpus Christi, TX 78411
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      7,013 SF

      Former Dental Office For Lease

      1,300 sq. ft. former dental office in Corpus Christi.
      4822 Holly, Corpus Christi, TX 78411
      View Details
    • New
      $4,925 /Mo
      3,294 SF

      Renovated Office Suite For Lease

      Completely renovated, ADA-compliant office suite with flexible layout.
      700 Everhart Rd, Corpus Christi, TX 78411
      View Details
    • Contact for pricing
      1,951 SF

      Office Space in Church Building

      Office space for lease in centrally located church building.
      3707 Santa Fe St, Corpus Christi, TX 78411
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    • $1,500 /Mo
      Pending

      Retail/Office Space on Everhart Rd

      Retail or office space with high traffic and great exposure.
      4802 Everhart Rd, Corpus Christi, TX 78411
      View Details
    • $3,600 /Mo
      2,459 SF

      Office Space on Staples Street

      Office space for lease in Corpus Christi, Texas.
      3822 S Staples St, Corpus Christi, TX 78411
      View Details
    • $2,750 /Mo
      1,734 SF

      Versatile Office Space For Rent

      Spacious office with ample parking and accessibility features.
      4942 Everhart Rd, Corpus Christi, TX 78411
      View Details
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    745 Everhart Rd
    Corpus Christi, TX 78411-1942
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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