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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Retail space
1403 Sugar Rd Pharr, TX 78577-2212
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-0232002
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
8,282 SF
Lot
3.29 ac (143,386 SF)
APN
D8512-02-000-0001-00
UPID
US83-0232002
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
$1.72M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.59M
Owner & transaction history
Rte Investments LLC · 12 yrs held
Rte Investments LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+0.7%
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%
$1,865,000
6.5%
$1,720,000
7%
$1,600,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,085,000
Current use
OFFICE BUILDING
$1,095,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,065,000
Change: -2% · Conversion: Difficult
RESTAURANT
$1,005,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±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
$191 / 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
$34,713
Tax year 2022
Assessed value
$1,237,594
Assessed 2023
Previous assessed
$1,237,594
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$587,883
Assessed improvement
$649,711
Land market value
$587,883
Improvement market value
$649,711
Total market value
$1,237,594
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
1996
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,282 SF
Lot
3.29 ac (143,386 SF)
APN
D8512-02-000-0001-00
UPID
US83-0232002
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1996
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
3.29 ac
Current owner
From public records · entity-resolved
Rte Investments LLC
Entity
Mailing address
3814 N CAGE BLVD, PHARR, TX 78577-7500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2014
—
Rte Investments LLC
Rio Bk
Grant Deed
$913,000 · Rio Bk
Feb 16, 2010
$208,897
Rio Bk
Walsh Scott A
Trustees Deed
related
—
Feb 16, 2010
$1,304,852
Rio Bk
Walsh Scott A
Trustees Deed
related
—
Dec 3, 2008
—
Coggins Ventures Ltd
—
Grant Deed
related
$1,845,000 · Rio Bk
—
—
Coggins Ventures Ltd
—
Deed Of Trust
related
$300,000 · Rio Bk
—
—
Coggins Ventures Ltd
—
Loan Modification
related
$700,000 · Frost Nat'l Bk
—
—
Coggins Ventures Ltd
—
Loan Modification
related
$700,000 · Frost Nat'l Bk
—
—
Coggins Ventures Ltd
—
Loan Modification
related
$700,000 · Frost Nat'l Bk
—
—
Coggins Ventures Ltd
—
Loan Modification
related
$575,000 · Frost Nat'l Bk
—
—
Coggins Ventures Ltd
—
Loan Modification
related
$334,698 · Frost Nat'l Bk
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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