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Property profile & analytics
OFF-MARKET
Strip malls
18810 Hwy 290th E Elgin, TX 78621-4221
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-3054353
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
6,426 SF
Lot
2 ac (87,120 SF)
APN
634090101
UPID
US82-3054353
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
Usha Group LLC · 4 yrs held
Usha Group LLC
since 2021
7 recorded transactions
Zoning & alternative use
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 Elgin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elgin 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
Assessed value
$1,658,000
Assessed 2023
Previous assessed
$1,637,822
+1.2% YoY
Assessed land
$191,664
Assessed improvement
$1,466,336
Land market value
$191,664
Improvement market value
$1,466,336
Total market value
$1,658,000
Applied tax rate
2.0000
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
NONE
Stories
1
Total area
6,426 SF
Lot
2 ac (87,120 SF)
APN
634090101
UPID
US82-3054353
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Usha Group LLC
Entity
Mailing address
1112 W KOENIG LN, AUSTIN, TX 78756-1505
Ownership since
2021
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
Apr 21, 2025
—
Shri Mahalakshmi LLC
—
Deed
related
$1,000,000 · Pioneer Finance INC A Texas Corporation
Jul 30, 2024
—
Usha Group LLC
—
Deed
related
$3,430,000 · Bank Of The Orient
Jun 14, 2022
—
Usiia Group LLC
—
Deed
related
$2,908,846 · Wallis State Bank
Dec 29, 2021
—
Usha Group LLC
County Line At Us 290 LLC
Venders Lien
$2,600,000 · Pioneer Financial Co
Aug 5, 2019
—
Elgin Us 290 LLC
Grce Investments LLC
Grant Deed
—
Jul 19, 2018
—
County Line At Us 290 LLC
Tactical Nightmare LLC
Warranty Deed
related
—
May 18, 2018
—
Grce Investments LLC
—
Deed
related
$2,053,000 · Pinnacle Bk
Apr 19, 2018
—
Tactical Nightmare LLC
Grce Investments LLC
Grant Deed
$1,264,000 · First United Bk
Aug 17, 2017
—
Bpch LLC
—
Grant Deed
related
$2,000,000 · Calavan Family Ptshp Ltd
Jan 14, 2016
—
Grce Investments LLC
Graham Retail Center LLC
Grant Deed
$2,053,000 · Pinnacle Bk
May 15, 2006
—
Graham & Cartwright Prop Co Ll
—
Trustees Deed
related
$100,000 · Franklin Bank
Dec 12, 2005
—
Graham & Cartwright Prop Co Ll
—
Grant Deed
related
$3,170,811 · Franklin Bank
Jan 20, 2005
—
Graham & Cartwright Prop Co Ll
Jarmon,gerald A & Leona N
Warranty Deed
$480,000 · First National Bank Bastrop
—
—
Graham Retail Center LLC
—
Loan Modification
related
$2,052,797 · Pinnacle Bk
—
—
Graham Retail Center LLC
—
Deed Of Trust
related
$2,900,065 · Pinnacle Bank
—
—
Graham Retail Center LLC
—
Deed Of Trust
related
$2,671,695 · Pinnacle 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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