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Property profile & analytics
OFF-MARKET
Retail space
1612 La Homa Rd Palmview, TX 78574-5558
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2972556
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
2,100 SF
Lot
0.41 ac (17,868 SF)
Zoning code
RS
APN
B1900-24-000-0056-00
UPID
US82-2972556
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cesar T Duque · 6 yrs held
Cesar T Duque
since 2020
7 recorded transactions
Zoning & alternative use
RS · Palmview, 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 Palmview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmview 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
$3,758
Tax year 2022
Assessed value
$138,779
Assessed 2023
Previous assessed
$138,779
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$57,184
Assessed improvement
$81,595
Land market value
$57,184
Improvement market value
$81,595
Total market value
$138,779
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
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,100 SF
Lot
0.41 ac (17,868 SF)
Zoning code
RS
APN
B1900-24-000-0056-00
UPID
US82-2972556
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Palmview, TXZoning RS · permitted uses
RS · Palmview, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 156.002 DEFINITIONS.
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Cesar T Duque
Individual
Mailing address
839 RICARDO AVE, PALMVIEW, TX 78574-5210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 5, 2020
—
Cesar T Duque
—
Deed
related
$100,000 · Lone Star Nat'l Bk
May 16, 2019
—
Cesar T Duque
—
Deed Of Trust
related
$100,000 · Lone Star Nat'l Bk
Dec 16, 2011
—
Cesar Duque
—
Trustees Deed
related
$120,000 · Lone Star Nat'l Bk
—
—
Cesar Duque
—
Loan Modification
related
$120,000 · Lone Star National Bank
—
—
Cesar Duque
—
Deed Of Trust
related
$24,000 · Texas State Bank
—
—
Cesar Duque
—
Loan Modification
related
$120,000 · Lone Star Nat'l Bk
—
—
Cesar Duque
—
Deed Of Trust
related
$34,284 · Lone Star National Bank
—
—
Cesar T Duque
—
Loan Modification
related
$100,000 · Lone Star 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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