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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Grocery and convenience stores
1218 Canton Rd Edinburg, TX 78539-7170
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3792532
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Total area
4,836 SF
Lot
1.1 ac (48,125 SF)
Zoning code
CO
APN
C1830-00-000-0004-00
UPID
US82-3792532
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
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$530k
Owner & transaction history
Commercial Net Lease Realty · 19 yrs held
Commercial Net Lease Realty
since 2006
2 recorded transactions
Zoning & alternative use
CO · Edinburg, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$575,000
+53.6%
Retail stores
$545,000
+45.8%
Commercial (general)
$480,000
+28.4%
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 Edinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburg 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$375,000
Current use
AUTO REPAIR, GARAGE
$575,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +46% · Conversion: Easy
COMMERCIAL (GENERAL)
$480,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$470,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$445,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$335,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$110 / 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
$27,192
Tax year 2022
Assessed value
$1,044,245
Assessed 2023
Previous assessed
$1,044,245
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$673,722
Assessed improvement
$370,523
Land market value
$673,722
Improvement market value
$370,523
Total market value
$1,044,245
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
12
Total area
4,836 SF
Lot
1.1 ac (48,125 SF)
Zoning code
CO
APN
C1830-00-000-0004-00
UPID
US82-3792532
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Edinburg, TX
Zoning CO · permitted uses
CO · Edinburg, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edinburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$375,000
AUTO REPAIR, GARAGE
Est. value
$575,000
RETAIL STORES
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING
Est. value
$470,000
MEDICAL BUILDING
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$335,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
12
Lot
1.1 ac
Current owner
From public records · entity-resolved
Commercial Net Lease Realty
Entity
Free & Clear · 19 yrs held
Mailing address
450 S ORANGE AVE STE #900, ORLANDO, FL 32801-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2006
—
Commercial Net Lease Realty
Nnn Retail II LLC
Warranty Deed
—
Jan 12, 2006
—
Nnn Retail II LLC
Ssp Partners
Grant Deed
related
—
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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