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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Sports & entertainment properties
1509 Industrial Way Mission, TX 78572
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2350557
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2009
Total area
12,980 SF
Lot
2 ac (86,998 SF)
Zoning code
C
APN
M4932-00-000-0005-00
UPID
US82-2350557
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$595k
Owner & transaction history
Rabanal Ltd · 9 yrs held
Rabanal Ltd
since 2016
7 recorded transactions
Zoning & alternative use
C · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$605,000
Current use
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$46 / 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
$21,356
Tax year 2022
Assessed value
$838,651
Assessed 2023
Previous assessed
$838,651
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$152,250
Assessed improvement
$686,401
Land market value
$152,250
Improvement market value
$686,401
Total market value
$838,651
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2009
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,980 SF
Lot
2 ac (86,998 SF)
Zoning code
C
APN
M4932-00-000-0005-00
UPID
US82-2350557
Jurisdiction
HIDALGO
Zoning & alternative use
C · Mission, TX
Zoning C · permitted uses
C · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$605,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
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
2009
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Rabanal Ltd
Individual
Free & Clear · 9 yrs held
Mailing address
923 HOLLYFIELD ST, MISSION, TX 78572-3614
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2019
—
Aaron H Balli
—
Trustees Deed
related
$750,000 · Falcon Int'l Bk
Apr 4, 2017
—
Aaron H Balli
—
Deed
$600,000 · Rabanal Ltd
Nov 7, 2016
—
Rabanal Ltd
Vantage Bk Tx NA
Grant Deed
related
—
Sep 8, 2016
$618,480
Ventage Bank Texas
Walsh Scott A|hinojosa,fernando & Benita
Trustees Deed
related
—
Jun 9, 2006
—
Fernando Hinojosa
Tsai,ming H
Warranty Deed
$104,250 · First National Bank
—
—
Aaron H Balli
—
Deed Of Trust
$600,000 · Rabanal Ltd
—
—
Fernando Hinojosa
—
Deed Of Trust
related
$850,000 · San Antonio National Bank
—
—
Fernando Hinojosa
—
Deed Of Trust
related
$798,552 · San Antonio National 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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