Back to Search
Property profile & analytics
OFF-MARKET
Strip malls
1615 Griffin Pkwy Mission, TX 78572-3101
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2406364
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Total area
1,400 SF
Lot
0.04 ac (1,660 SF)
Zoning code
CO
APN
S2780-00-003-0001-00
UPID
US82-2406364
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
-
The Health Nut Mission Specialty Food Shop (Bike/Boat/Book/etc) Store
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
Cano Family · 19 yrs held
Cano Family
since 2006
7 recorded transactions
Zoning & alternative use
CO · 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
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
$2,581
Tax year 2022
Assessed value
$100,951
Assessed 2023
Previous assessed
$100,951
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$25,066
Assessed improvement
$75,885
Land market value
$25,066
Improvement market value
$75,885
Total market value
$100,951
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,400 SF
Lot
0.04 ac (1,660 SF)
Zoning code
CO
APN
S2780-00-003-0001-00
UPID
US82-2406364
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.
Building & site characteristics
From public records
Year built
1997
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Cano Family
Individual
Free & Clear · 19 yrs held
Mailing address
3007 LAS COLINAS LN, MISSION, TX 78574-2298
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
—
Dani Talamantez
—
Deed
related
$307,500 · Silver Hill Capital LLC
May 17, 2018
—
Cano Family LP
—
Deed
related
$225,000 · Lone Star Nat'l Bk
Aug 2, 2006
—
Cano Family
Cordova,fred & Nancy
Warranty Deed
related
—
Apr 23, 2004
—
Fred Cordova
Coastal Banc Ssb
Grant Deed
$850,000 · Lone Star National Bank
—
—
Cano Family
—
Deed Of Trust
related
$19,317 · Rioprop Ventures LLC
—
—
Fred Cordova
—
Deed Of Trust
related
$850,000 · International Bank Of Commerce
—
—
Cano Family LP
—
Deed Of Trust
related
$30,530 · Rioprop Ventures LLC
—
—
Cano Family LP
—
Deed Of Trust
related
$325,000 · Lone Star Nat'l Bk
—
—
Fred Cordova
—
Deed Of Trust
related
$850,000 · International Bank Of Commerce
—
—
Cano Family
—
Deed Of Trust
related
$71,845 · Texas State Bank Mcallen
—
—
Cano Family LP
—
Deed Of Trust
related
$225,000 · Lone Star National Bank
—
—
Cano Family LP
—
Loan Modification
related
$50,122 · Lone Star Nat'l Bk
—
—
Cano Family LP
—
Loan Modification
related
$225,000 · Lone Star Nat'l Bk
—
—
Fred Cordova
—
Deed Of Trust
related
$122,125 · International Bank Of Commerce
—
—
Fred Cordova
—
Deed Of Trust
related
$75,000 · Lone Star National Bank
—
—
Cano Family
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1615 Griffin Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
