New search
Property profile & analytics
OFF-MARKET
Strip malls
1618 Griffin Pkwy Mission, TX 78572-3180
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2950925
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
2,200 SF
Lot
0.05 ac (2,252 SF)
Zoning code
CO
APN
S6260-01-000-0018-00
UPID
US82-2950925
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
-
Iosef O'Connor: Allstate Insurance Insurance Agency
-
Synergy Insurance Agency Insurance Agency
-
Salazar Emma M DDS Dental Office
-
Impact 180 Church
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
Meza Homes INC · 5 yrs held
Meza Homes INC
since 2020
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
$4,093
Tax year 2022
Assessed value
$160,061
Assessed 2023
Previous assessed
$160,061
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$33,975
Assessed improvement
$126,086
Land market value
$33,975
Improvement market value
$126,086
Total market value
$160,061
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
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,200 SF
Lot
0.05 ac (2,252 SF)
Zoning code
CO
APN
S6260-01-000-0018-00
UPID
US82-2950925
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
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Meza Homes INC
Entity
Free & Clear · 5 yrs held
Mailing address
11512 THORNWOOD DR, MISSION, TX 78574
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Meza Homes INC
Eduardo F Reyna
Warranty Deed
related
—
Jun 20, 2018
—
Meza Homes INC
—
Trustees Deed
related
$777,600 · Lone Star Nat'l Bk
Dec 2, 2011
—
Meza,victor R & Maria D
—
Trustees Deed
related
$195,000 · Lone Star Nat'l Bk
Oct 20, 2009
—
Victor R Meza
—
Trustees Deed
related
$70,000 · Lone Star National Bank
Nov 5, 2008
—
Victor R Meza
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Nov 26, 2007
—
Victor R Meza
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Dec 8, 2006
—
Victor R Meza
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Nov 10, 2005
—
Victor R Meza
—
Trustees Deed
related
$100,000 · Lone Star National Bank
Jul 18, 2005
—
Victor R Meza
Richardson,bruce & Susan K
Warranty Deed
$112,084 · Lone Star National Bank
—
—
Victor R Meza
—
Deed Of Trust
related
$86,730 · Lone Star National Bank
—
—
Meza Homes INC
—
Loan Modification
related
$195,000 · Lone Star Nat'l Bk
—
—
Victor R Meza
—
Deed Of Trust
related
$70,000 · Lone Star National Bank
—
—
Meza Homes INC
—
Loan Modification
related
$188,000 · Lone Star Nat'l Bk
—
—
Meza Homes INC
—
Loan Modification
related
$190,000 · Lone Star Nat'l Bk
—
—
Victor R Meza
—
Deed Of Trust
related
$48,942 · Lone Star National Bank
—
—
Meza Homes INC
—
Loan Modification
related
$124,854 · Lone Star Nat'l Bk
—
—
Meza Homes INC
—
Deed Of Trust
related
$195,000 · Lone Star National Bank
—
—
Meza Homes INC
—
Loan Modification
related
$191,000 · Lone Star Nat'l Bk
—
—
Meza Homes INC
—
Loan Modification
related
$191,000 · 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.
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 1618 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.
