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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Drive through restaurants
1408 Expy 83 Weslaco, TX 78599-4384
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2653486
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2007
Total area
4,564 SF
Lot
1.15 ac (50,081 SF)
Zoning code
CO
APN
H4225-00-000-0004-00
UPID
US82-2653486
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
-
Jason's Deli Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$605k
Owner & transaction history
Cj Nnn Weslaco LLC · 13 yrs held
Cj Nnn Weslaco LLC
since 2012
7 recorded transactions
Zoning & alternative use
CO · Weslaco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$690,000
+30.1%
Auto repair, garage
$605,000
+13.7%
Retail stores
$545,000
+2.4%
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 Weslaco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weslaco 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
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$530,000
Current use
COMMERCIAL (GENERAL)
$690,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$605,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$475,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$133 / 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
$31,165
Tax year 2022
Assessed value
$1,217,573
Assessed 2023
Previous assessed
$1,217,573
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$798,824
Assessed improvement
$418,749
Land market value
$798,824
Improvement market value
$418,749
Total market value
$1,217,573
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2007
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,564 SF
Lot
1.15 ac (50,081 SF)
Zoning code
CO
APN
H4225-00-000-0004-00
UPID
US82-2653486
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Weslaco, TX
Zoning CO · permitted uses
CO · Weslaco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weslaco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$530,000
COMMERCIAL (GENERAL)
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$605,000
RETAIL STORES
Est. value
$545,000
MEDICAL BUILDING
Est. value
$475,000
RESTAURANT Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Cj Nnn Weslaco LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2222 AVE OF THE STARS #104, CENTURY CITY, CA 90067-5655
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2012
—
Cj Nnn Weslaco LLC
Jc123 Holdings LLC
Grant Deed
—
Aug 14, 2012
—
Jc 123 Holdings LLC
Texas Taco Cabana LP
Grant Deed
$1,430,000 · Michael C Adams
Dec 22, 2011
—
Texas Taco Cabana LP
—
Deed Of Trust
related
$200,000,000 · Bank Of Ny Mellon Tr Co NA
Jan 8, 2007
—
Texas Taco Cabana
1 Weslaco Ltd
Grant Deed
—
—
—
1 Westgate Ltd
—
Deed Of Trust
related
$1,228,727 · International Bank Of Commerce
—
—
1 Westgate Ltd
—
Deed Of Trust
related
$1,850,000 · Citibank Texas NA
—
—
1 Westgate Ltd
—
Deed Of Trust
related
$5,305,000 · Whitney National Bank
—
—
Texas Taco Cabana LP
—
Deed Of Trust
related
—
—
—
1 Westgate Ltd
—
Deed Of Trust
related
$750,000 · International Bank Of Commerce
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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