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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Strip malls
1800 Main St Mcallen, TX 78503-5441
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-3687633
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Total area
103,428 SF
Lot
8.67 ac (377,487 SF)
Zoning code
CO
APN
M0570-00-000-0001-00
UPID
US82-3687633
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
-
Creaciónes Ainat Event Planning Party Supply Store
-
South Texas Vocational Technical Institute Vocational School Training Center
-
UTRGV McAllen Teaching Site High School
-
Marvyn C. Fernald, DC Alternative Medicine Practice
-
The CBD Store Clothing & Fashion 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
$2.60M
Owner & transaction history
Whitefish Ventures LLC · 5 yrs held
Whitefish Ventures LLC
since 2020
5 recorded transactions
Zoning & alternative use
CO · Mcallen, 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 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
$25 / 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
$121,061
Tax year 2022
Assessed value
$6,053,046
Assessed 2023
Previous assessed
$6,053,046
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$4,529,856
Assessed improvement
$1,523,190
Land market value
$4,529,856
Improvement market value
$1,523,190
Total market value
$6,053,046
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
1989
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
20
Total area
103,428 SF
Lot
8.67 ac (377,487 SF)
Zoning code
CO
APN
M0570-00-000-0001-00
UPID
US82-3687633
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TX
Zoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcallen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
20
Lot
8.67 ac
Current owner
From public records · entity-resolved
Whitefish Ventures LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4320 UNIVERSITY BLVD, LAREDO, TX 78041-1934
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
—
Whitefish Ventures LLC
Tcp Main Place Partners
Grant Deed
related
—
Aug 3, 2005
—
Tcp Main Place Partners
Mcallen Main Place Ltd
Grant Deed
$7,600,000 · Gmac Commercial Mortgage Bank
—
—
Tcp Main Place Partners LP
—
Deed Of Trust
related
—
—
—
Tcp Main Place Partners LP
—
Loan Modification
related
$9,000,000 · Prosperity Bk
—
—
Mcallen Main Place Ltd
—
Deed Of Trust
related
$1,500,000 · Texas State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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