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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Industrial properties
100 Austin Dr Pharr, TX 78577-9796
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3750183
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1991
Total area
18,464 SF
Lot
2.83 ac (123,275 SF)
Zoning code
IN
APN
P6190-00-000-0026-00
UPID
US83-3750183
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.65M
Owner & transaction history
Pharr Bridge Investment Co LP · 10 yrs held
Pharr Bridge Investment Co LP
since 2016
4 recorded transactions
Zoning & alternative use
IN · Pharr, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+44.1%
Retail stores
$2.4M
+43.1%
Auto repair, garage
$2.4M
+40.1%
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 Pharr submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pharr 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,690,000
Current use
OFFICE BUILDING
$2,440,000
Change: +44% · Conversion: Easy
RETAIL STORES
$2,420,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,370,000
Change: +40% · Conversion: Difficult
RESTAURANT
$2,240,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,905,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±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
$89 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$31,179
Tax year 2022
Assessed value
$1,087,719
Assessed 2023
Previous assessed
$1,087,719
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$443,790
Assessed improvement
$643,929
Land market value
$443,790
Improvement market value
$643,929
Total market value
$1,087,719
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1991
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
18,464 SF
Lot
2.83 ac (123,275 SF)
Zoning code
IN
APN
P6190-00-000-0026-00
UPID
US83-3750183
Jurisdiction
HIDALGO
Zoning & alternative use
IN · Pharr, TX
Zoning IN · permitted uses
IN · Pharr, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pharr. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
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
1991
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.83 ac
Current owner
From public records · entity-resolved
Pharr Bridge Investment Co LP
Entity
Mailing address
3501 UTILITY DR, PHARR, TX 78577-1785
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2018
—
Pharr Bridge Investment Co LP
—
Deed
related
$800,000 · Pharr Economic Dev Corp II
Mar 9, 2016
—
Pharr Bridge Investment Co LP
Pharr Economic Dev Corp II
Quit Claim Deed
$900,000 · Pharr Economic Dev Corp II
Jul 25, 2005
—
Jose T M Cuellar
Mtc Molding INC
Warranty Deed
related
—
—
—
Pharr Bridge Investment Co LP
—
Deed Of Trust
related
$800,000 · Pharr Economic Dev Corp II
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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