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Property profile & analytics
FOR LEASE
Strip malls
2208 Primrose Ave McAllen, TX 78504
Entity Owned
Free & Clear
Property ID
US82-2980182
For Lease
1 / 10
$450/Mo
2208 Primrose Ave, McAllen, TX 78504
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Total area
1,645 SF
Lot
0.07 ac (3,149 SF)
APN
I5000-00-002-0019-00
UPID
US82-2980182
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
-
Meca Spa A Massage for Him and Her! Alternative Medicine Practice Spa & Massage Center
-
Paper Chase Printing, Inc. Marketing & Advertising Printing Service
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EMPIRE REAL ESTATE Real Estate Agency
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Ange’Lash Studio Hair Salon
-
Village in the Valley (ViVa) Charitable Organization Social Service Agency
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
De La Fuente Investments Series LLC
De La Fuente Investments Series LLC
since 2025
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 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
—
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
$2,814
Tax year 2022
Assessed value
$140,712
Assessed 2023
Previous assessed
$140,712
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$31,500
Assessed improvement
$109,212
Land market value
$31,500
Improvement market value
$109,212
Total market value
$140,712
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
For Lease
Year built
1983
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,645 SF
Lot
0.07 ac (3,149 SF)
APN
I5000-00-002-0019-00
UPID
US82-2980182
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
Building & site characteristics
From public records
Year built
1983
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
De La Fuente Investments Series LLC
Entity
Free & Clear · 0 yrs held
Mailing address
530 E NEWPORT LN, MCALLEN, TX 78501-1145
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
De La Fuente Investments Series LLC
De La Fuente Investments LLC
Warranty Deed
—
Mar 3, 2025
—
Bordertown Realty LLC
—
Deed
related
$165,000 · Texas Regional Bank
Nov 16, 2023
—
Karla Rodriguez
Erik Raul Cantu
Deed
$148,750 · Lone Star National Bank
May 15, 2023
—
San Miguel Home Health Care LLC
M3m Properties LLC
Deed
$124,000 · M3m Properties LLC
Apr 13, 2023
—
Bordertown Realty LLC
Maria De Lourdes Fabian Deschamps De Cruz
Warranty Deed
—
Feb 22, 2022
—
De La Fuente Investments LLC
Nms No Sleep Holdings LLC
Venders Lien
$124,000 · Texas Regional Bank
Nov 22, 2021
—
Erik Raul Cantu
Jose R Cantu
Deed
related
—
Nov 6, 2019
—
Southern Post Construction LLC
Charles E Cavazos
Warranty Deed
$183,280 · Texas Reg'l Bk
Jul 9, 2019
—
Charles E Cavazos
Martinez,edmundo M & Maria C
Grant Deed
related
—
May 17, 2019
—
Nms No Sleep Holdings LLC
Miguel Salazar
Venders Lien
$61,226 · Lone Star National Bank
Nov 2, 2017
—
Pamm Family Properties LLC
Comparts INC
Warranty Deed
$60,000 · Gene Fjerstad
Jun 14, 2017
—
M3m Properties LLC
Jones,stephen L & Judith W
Warranty Deed
$360,000 · Stephen L & Judith W Jones
Jan 21, 2014
—
Miguel Salazar
Steward,bill
Warranty Deed
—
—
—
Miguel N Salazar
—
Deed Of Trust
related
$150,000 · Arvest 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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