Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Strip malls
204 Expy 83 La Joya, TX 78560-4295
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-4387507
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Total area
3,500 SF
Lot
0.95 ac (41,382 SF)
APN
L6050-00-000-0265-70
UPID
US82-4387507
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
$550k
Blend (final)
Blend
$545k
Owner & transaction history
Skyview Invs Prop LLC · 6 yrs held
Skyview Invs Prop LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+68.6%
Commercial (general)
$540,000
+37.5%
Retail stores
$505,000
+29.4%
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 La Joya submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Joya 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$390,000
Current use
OFFICE BUILDING
$660,000
Change: +69% · Conversion: Moderate
COMMERCIAL (GENERAL)
$540,000
Change: +37% · Conversion: Easy
RETAIL STORES
$505,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$480,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$345,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$12,963
Tax year 2022
Assessed value
$490,000
Assessed 2023
Previous assessed
$490,000
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$306,227
Assessed improvement
$183,773
Land market value
$306,227
Improvement market value
$183,773
Total market value
$490,000
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
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,500 SF
Lot
0.95 ac (41,382 SF)
APN
L6050-00-000-0265-70
UPID
US82-4387507
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$390,000
OFFICE BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$480,000
MEDICAL BUILDING
Est. value
$345,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Skyview Invs Prop LLC
Entity
Mailing address
PO BOX 985, MISSION, TX 78573-0015
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2020
—
Skyview Invs Prop LLC
Sunoco Property Co LLC
Grant Deed
$450,000 · Adelante Fndg I
Jan 29, 2018
—
Rreal LLC
Plainscapital Bk
Grant Deed
—
Dec 10, 2014
—
Plainscapital Bk
Cummings,joshua A|trevino,dagoberto & Sylvia
Trustees Deed
related
—
—
—
Dagoberto Trevino
—
Deed Of Trust
related
$1,000,000 · First National Bank
—
—
Rreal LLC
—
Deed Of Trust
related
$427,200 · Lone Star Nat'l Bk
—
—
Dagoberto Trevino
—
Deed Of Trust
related
$1,250,000 · Inter National Bank
—
—
Dagoberto Trevino
—
Deed Of Trust
related
$984,223 · First 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 204 Expy 83?
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.
