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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1601 10th St Mcallen, TX 78501-4107
Individually Owned
12-yr Hold
Free & Clear
Property ID
US82-2802519
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1985
Total area
2,418 SF
Lot
0.36 ac (15,625 SF)
Zoning code
CO
APN
E5500-00-001-0011-00
UPID
US82-2802519
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
-
Western Union Bank Credit Union
-
Laredo Taco Company Restaurant
-
Stripes Grocery & Convenience Store
-
ATM (Stripes) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jim & Mary Kay Moffitt Family · 12 yrs held
Jim & Mary Kay Moffitt Family
since 2013
3 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,009
Tax year 2022
Assessed value
$450,434
Assessed 2023
Previous assessed
$450,434
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$312,500
Assessed improvement
$137,934
Land market value
$312,500
Improvement market value
$137,934
Total market value
$450,434
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
12
Bathrooms
1
Total area
2,418 SF
Lot
0.36 ac (15,625 SF)
Zoning code
CO
APN
E5500-00-001-0011-00
UPID
US82-2802519
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TXZoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
revised UDC
Building & site characteristics
From public records
Year built
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
12
Bathrooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Jim & Mary Kay Moffitt Family
Individual
Free & Clear · 12 yrs held
Mailing address
1128 PECAN BLVD, MCALLEN, TX 78501-4348
Ownership since
2013
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
Oct 2, 2013
—
Jim & Mary Kay Moffitt Family
Moffitt James M
Quit Claim Deed
related
—
Apr 11, 2013
—
Jim & Mary Kay Moffitt Family
Moffitt James M
Quit Claim Deed
related
—
Jul 27, 2005
—
Moffitt J M Childrens Trust
Byrnes Beth B Living Trust
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.
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