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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2201 Interstate Hwy 2nd 2 Mission, TX 78572-7066
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2639993
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Total area
4,000 SF
Lot
1.03 ac (44,767 SF)
Zoning code
CO
APN
L5553-00-000-0001-00
UPID
US82-2639993
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
Parson Investments LLC · 4 yrs held
Parson Investments LLC
since 2021
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
$18,865
Tax year 2022
Assessed value
$697,800
Assessed 2023
Previous assessed
$697,800
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$425,277
Assessed improvement
$272,523
Land market value
$425,277
Improvement market value
$272,523
Total market value
$697,800
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
14
Total area
4,000 SF
Lot
1.03 ac (44,767 SF)
Zoning code
CO
APN
L5553-00-000-0001-00
UPID
US82-2639993
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
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
14
Lot
1.03 ac
Current owner
From public records · entity-resolved
Parson Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3578 LA PLZ DR, BREA, CA 92823-6379
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2021
—
Parson Investments LLC
Vaquero Mission Tx Partners LP
Special Warranty Deed
—
Sep 17, 2020
—
Vaquero Mission Tx Partners LP
Leos Drive In Limited Partnership
Warranty Deed
—
Dec 2, 2019
—
Leos Drive In LP
—
Deed
related
$731,904 · Vantage Bk Tx NA
Jul 25, 2019
—
Leos Drive-in LP
—
Loan Modification
related
$1,300,000 · Vantage Bk Tx NA
Jan 17, 2019
—
Leos Drive In LP
—
Loan Modification
related
$1,300,000 · Vantage Bk Tx NA
Dec 14, 2017
—
Leo S Drive In LP
—
Deed
related
$640,488 · Inter National Bank
Jul 14, 2017
—
Leos Drive-in Ltd Pertnership
—
Deed
related
—
Nov 1, 2016
—
Leos Drive-in LP
—
Deed
related
$593,576 · International Bk
Mar 9, 2010
—
Leos Drive-in LP
—
Deed Of Trust
related
$1,115,244 · Inter National Bank
—
—
Leos Drive-in LP
—
Loan Modification
related
$731,904 · Vantage Bk Tx NA
—
—
Leos Drive-in LP
—
Loan Modification
related
$1,300,000 · Inter National Bank
—
—
Leos Drive In LP
—
Loan Modification
related
$731,904 · Vantage Bk Tx NA
—
—
Leos Drive-in LP
—
Loan Modification
related
$731,904 · Vantage Bk Tx NA
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$455,330 · Inter National Bank
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$731,904 · International Bk
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$593,576 · International Bk
—
—
Leos Drive-in Ltd Pertnership
—
Deed Of Trust
related
—
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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