Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$405,000
Retail space
1401 Upas Ave Mcallen, TX 78501-5622
Entity Owned
14-yr Hold
Free & Clear
Property ID
US82-4295898
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
8,000 SF
Lot
0.97 ac (42,118 SF)
Zoning code
C-3
APN
N4700-00-000-0019-00
UPID
US82-4295898
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
-
Main Street Dog Park at Crockett Dog Park
-
Dealers Electrical Supply Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$735k
Blend (final)
Blend
$405k
Owner & transaction history
Harold L Turk LLC · 14 yrs held
Harold L Turk LLC
since 2011
3 recorded transactions
Zoning & alternative use
C-3 · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-3 general business district is established to provide sufficient space, in appropriate locations with a variety of site choices, for development requiring a higher density of commercial establishments, generally characterized by an integrated or planned cluster of establishments served by a common parking area and generating large volumes of vehicular…
Zone name
General Business
General category
COMMERCIAL
Zone area
4,015.65 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$895,000
+15.3%
Restaurant
$885,000
+14.1%
Office building
$845,000
+8.9%
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 Mcallen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcallen 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$775,000
Current use
COMMERCIAL (GENERAL)
$895,000
Change: +15% · Conversion: Easy
RESTAURANT
$885,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$845,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$780,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$405k
Range $365k – $446k · ±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
$51 / 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
$11,500
Tax year 2022
Assessed value
$550,940
Assessed 2023
Previous assessed
$550,940
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$286,399
Assessed improvement
$264,541
Land market value
$286,399
Improvement market value
$264,541
Total market value
$550,940
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
20
Total area
8,000 SF
Lot
0.97 ac (42,118 SF)
Zoning code
C-3
APN
N4700-00-000-0019-00
UPID
US82-4295898
Jurisdiction
HIDALGO
Zoning & alternative use
C-3 · Mcallen, TXZoning C-3 · permitted uses
C-3 · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-3 general business district is established to provide sufficient space, in appropriate locations with a variety of site choices, for development requiring a higher density of commercial establishments, generally characterized by an integrated or planned cluster of establishments served by a common parking area and generating large volumes of vehicular and pedestrian traffic
Zone name
General Business
General category
COMMERCIAL
Zone area
4,015.65 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$895,000
RESTAURANT
Est. value
$885,000
OFFICE BUILDING
Est. value
$845,000
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
20
Lot
0.97 ac
Current owner
From public records · entity-resolved
Harold L Turk LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2320 COLUMBUS AVE, WACO, TX 76701-1041
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2011
—
Harold L Turk LLC
Turk,harold L
Quit Claim Deed
related
—
Dec 1, 2011
—
Harold L Turk
Hideaway Ranch INC
Grant Deed
—
Jul 13, 2005
—
Dealers Electric Supply Co
Hideaway Ranch INC
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1401 Upas Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
