Listing Agency: Imperio Real Estate LLC a***@imperiohomes.com Show Phone

Listed By: Ariadna Bochas Show Phone

Source: Exprealty

Added: Sep 30 Changed: Oct 15 Last Checked: Oct 15 at 2:11AM

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Investment Insights

Based on property information with market context.

A convenience store is situated on an approximately 0.5-acre corner property at 10413 Valdez Rd in Monte Alto, Texas. The site may support redevelopment, expansion, or a different commercial concept, subject to zoning and local regulations.

Key Highlights

• Existing convenience store on an approximately 0.5‑acre parcel
• Corner‑lot site at 10413 Valdez Rd, Monte Alto, TX
• Potential for redevelopment, expansion, or another commercial concept, subject to zoning and local regulations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,318

Cap Rate

8.83%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$406,360 $406.4K

Cap Rate 7%

$290,257 $290.3K

Cap Rate 9%

$225,756 $225.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,400 SF

Gross rent

$28.7K $20.52/SF

− Vacancy

−$1.6K −$1.17/SF

EGI

$27.1K $19.35/SF

− OpEx

−$6.8K −$4.84/SF

NOI

$20.3K $14.51/SF

Area

Hidalgo County, TX

Vacancy

5.70%

Lease Rate

$20.52 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$406,360

Cap Rate 7%

$290,257

Cap Rate 9%

$225,756

Alternative Uses

Best Use

Specialty Retail

$290.3K

$254.0K – $338.6K (±1% cap)

NOI $20,318 @ 7.0% cap · market cap 8.83%

Second Best

Retail

$270.0K

$236.3K – $315.1K (±1% cap)

NOI $18,903 @ 7.0% cap · market cap 8.22%

Theoretical Best

Hotel Hospitality

$1.05M

$922.7K – $1.23M (±1% cap)

NOI $73,815 @ 7.0% cap · market cap 32.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Garden Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 78538, TX

12,278

Population

3,745

Households

3.3

Avg Household Size

30

Median Age

11%

College-Educated

65%

High-School Grad

67.0 sq mi

ZIP Area

183

Density / Sq Mi

$38,904

Median Household Income

$29,442

Median Earnings

$586

Median Rent

$87,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - An existing convenience store occupies a commercial corner parcel with potential for redevelopment, expansion, or another business concept.

Where is this grocery and convenience store located?

The property is located at 10413 Valdez Rd Monte Alto, TX.

What is the asking price?

The asking price for this property is $230,000.

What are key features of this property?

This property features: Existing convenience store on an approximately 0.5‑acre parcel; Corner‑lot site at 10413 Valdez Rd, Monte Alto, TX; Potential for redevelopment, expansion, or another commercial concept, subject to zoning and local regulations