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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Amusement parks
9605 Padre Is Dr Corpus Christi, TX 78418-5127
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-5344968
Property profile
Verified
Property type
Amusement parks
Use group
ARCADES (AMUSEMENT)
Year built
2000
Total area
16,290 SF
Lot
9.49 ac (413,297 SF)
Zoning code
B-3
APN
0970-0001-0010
UPID
US82-5344968
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
-
In The Game Funtrackers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Casavana Investments LLC · 9 yrs held
Casavana Investments LLC
since 2017
7 recorded transactions
Zoning & alternative use
B-3 · 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$85,566
Tax year 2023
Assessed value
$4,393,177
Assessed 2024
Previous assessed
$4,364,574
+0.7% YoY
Effective rate
1.95%
On assessed value
Assessed land
$2,397,122
Assessed improvement
$1,996,055
Land market value
$2,397,122
Improvement market value
$1,996,055
Total market value
$4,393,177
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
Amusement parks
Use group
ARCADES (AMUSEMENT)
Status
Off-Market
Year built
2000
Heating
NONE
Total area
16,290 SF
Lot
9.49 ac (413,297 SF)
Zoning code
B-3
APN
0970-0001-0010
UPID
US82-5344968
Jurisdiction
NUECES
Zoning & alternative use
B-3 · Corpus Christi, TX
Zoning B-3 · permitted uses
B-3 · 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
2000
Heating
NONE
Lot
9.49 ac
Current owner
From public records · entity-resolved
Casavana Investments LLC
Entity
Mailing address
9605 S PADRE IS DR, CORPUS CHRISTI, TX 78418-5127
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Casavana Investments LLC
—
Deed
related
$2,700,000 · Simmons Bank
Dec 7, 2018
—
Casavana Investments LLC
—
Deed
related
$700,000 · Plainscapital Bk
Jun 12, 2017
—
Casavana Investments LLC
—
Deed
related
$1,980,000 · Plainscapital Bk
Jun 1, 2017
—
Casavana Investments LLC
Mcgrath,mikel
Grant Deed
—
Jul 16, 2012
—
Casavana Investments LLC
Mcgrath,mikel
Warranty Deed
—
Aug 11, 2010
—
Mikel S Mcgrath
Ft Land Ltd
Warranty Deed
$1,662,000 · Compass Bank
Jan 18, 2005
—
Ft Property Management LLC
—
Trustees Deed
related
$80,485 · United Bank
—
—
Casavana Investments LLC
—
Deed Of Trust
related
$700,000 · Plainscapital Bk
—
—
Ft Land Ltd
—
Deed Of Trust
related
$400,000 · United Bank
—
—
F T Land Ltd
—
Deed Of Trust
related
$267,440 · Ronald T Macwhorter
—
—
Ft Land Ltd
—
Deed Of Trust
related
$1,300,000 · Ronald T Macwhorter
—
—
Casavana Investments LLC
—
Deed Of Trust
related
$1,980,000 · Plainscapital Bk
—
—
Ft Land Ltd
—
Deed Of Trust
related
$1,895,080 · United Bank
—
—
Ft Properties Ltd
—
Deed Of Trust
related
$1,895,080 · United Bank
—
—
F T Property Management LLC
—
Deed Of Trust
related
$1,800,000 · United Bank
—
—
Ft Land Ltd
—
Deed Of Trust
related
$955,076 · United 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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