Back to Search
Property profile & analytics
OFF-MARKET
Individual retail properties
1822 Griffin Pkwy Mission, TX 78572-3105
Entity Owned
15-yr Hold
Free & Clear
Property ID
US83-3708361
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
2003
Total area
3,000 SF
Lot
0.19 ac (8,250 SF)
Zoning code
CO
APN
R3290-00-000-0012-00
UPID
US83-3708361
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
-
Ethnic Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Skin Therapy with Bethany, LLC Hair Salon Nail Salon
-
Creatifs By Antonia Mar Hair Salon Nail Salon
-
Cristy Alteraciones (Bike/Boat/Book/etc) Store
-
Lovely Lash Beauty Hair Salon Nail Salon
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
Wavbp Properties LLC · 15 yrs held
Wavbp Properties LLC
since 2011
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
$5,501
Tax year 2022
Assessed value
$215,161
Assessed 2023
Previous assessed
$215,161
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$124,575
Assessed improvement
$90,586
Land market value
$124,575
Improvement market value
$90,586
Total market value
$215,161
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,000 SF
Lot
0.19 ac (8,250 SF)
Zoning code
CO
APN
R3290-00-000-0012-00
UPID
US83-3708361
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Wavbp Properties LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1200 S 1ST 12TH ST, MCALLEN, TX 78501-1151
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2011
—
Wavbp Properties LLC
Map Trust
Warranty Deed
—
Jan 18, 2011
—
Map Trust
Solida Administradora De Porta
Grant Deed
—
Nov 29, 2010
—
Solida Administradora De Porta
Inter National Bank A Ass
Grant Deed
related
—
Oct 18, 2010
—
Inter Natl Bk
Ornelas Builders INC
Deed In Lieu Of Foreclosure
related
—
Jan 7, 2009
—
Ornelas Builders INC
—
Trustees Deed
related
$101,500 · Inter National Bank
Feb 2, 2006
—
Ornelas Builders INC
Cardenas,oscar & Lesvia
Warranty Deed
$237,500 · Inter National Bank
—
—
Oscar Cardenas
—
Deed Of Trust
related
$970,000 · First National Bank
—
—
Ornelas Builders INC
—
Deed Of Trust
related
$76,125 · Inter National Bank
—
—
Ornelas Builders INC
—
Deed Of Trust
related
$200,498 · Inter National 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.
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 1822 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.
