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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Warehouses
1501 1st Ln Mission, TX 78572-9672
Individually Owned
8-yr Hold
Free & Clear
Property ID
US82-3849042
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
8,000 SF
Lot
1.13 ac (49,284 SF)
Zoning code
CO
APN
B4855-01-000-0019-00
UPID
US82-3849042
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
$785k
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$780k
Owner & transaction history
Maria D Leal · 8 yrs held
Maria D Leal
since 2018
7 recorded transactions
Zoning & alternative use
CO · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+122.9%
Office building
$1.1M
+116.8%
Retail stores
$1.1M
+113.8%
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 Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission 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%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
COMMERCIAL (GENERAL)
$1,160,000
Change: +123% · Conversion: Difficult
OFFICE BUILDING
$1,130,000
Change: +117% · Conversion: Difficult
RETAIL STORES
$1,115,000
Change: +114% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,040,000
Change: +99% · Conversion: Easy
RESTAURANT
$840,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: +49% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$750,000
Change: +44% · Conversion: Moderate
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$98 / 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
$17,802
Tax year 2022
Assessed value
$699,070
Assessed 2023
Previous assessed
$699,070
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$354,830
Assessed improvement
$344,240
Land market value
$354,830
Improvement market value
$344,240
Total market value
$699,070
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,000 SF
Lot
1.13 ac (49,284 SF)
Zoning code
CO
APN
B4855-01-000-0019-00
UPID
US82-3849042
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mission, TX
Zoning CO · permitted uses
CO · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT
Est. value
$840,000
MEDICAL BUILDING
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$750,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Maria D Leal
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 699, MISSION, TX 78573-0011
Ownership since
2018
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
Feb 6, 2018
—
Maria D Leal
Leon,romeo D & Mayra D
Warranty Deed
—
Sep 16, 2016
—
Romeo Deleon
Cabello,jesus H
Warranty Deed
—
Jul 27, 2012
—
Jesus H Cabello
Compass Bk
Grant Deed
$1,200,000 · Lone Star National Bank
Jan 3, 2012
$1,783,729
Compass Bk
Kazen,gregory S
Trustees Deed
related
—
Oct 20, 2009
—
Dagar Ents Ltd
—
Trustees Deed
related
$44,789 · Compass Bank
Aug 21, 2008
—
David Garcia
—
Trustees Deed
related
$682,767 · Texas State Bank
Jun 3, 2008
—
David Garcia
—
Trustees Deed
related
$682,767 · Texas State Bank
Dec 31, 2007
—
David Garcia
—
Trustees Deed
related
$745,861 · Texas State Bank
Nov 13, 2006
—
Dagar Ents Ltd
—
Trustees Deed
related
$745,861 · Texas State Bank Mcallen
—
—
Dagar Ents Ltd
—
Deed Of Trust
related
$682,767 · Texas State Bank
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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