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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Strip malls
248 La Homa Rd Mission, TX 78572-9580
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-5546823
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2011
Total area
6,630 SF
Lot
1.15 ac (50,094 SF)
APN
M5000-00-001-0009-30
UPID
US82-5546823
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
$729k
Blend (final)
Blend
$815k
Owner & transaction history
Adelante Funding I Ltd · 4 yrs held
Adelante Funding I Ltd
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$965,000
+55.1%
Office building
$935,000
+50.9%
Retail stores
$925,000
+48.8%
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
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
$620,000
Current use
COMMERCIAL (GENERAL)
$965,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$935,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$925,000
Change: +49% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +39% · Conversion: Difficult
RESTAURANT
$695,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$645,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$123 / 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
$19,188
Tax year 2022
Assessed value
$708,497
Assessed 2023
Previous assessed
$708,497
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$65,689
Assessed improvement
$642,808
Land market value
$65,689
Improvement market value
$642,808
Total market value
$708,497
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
2011
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
6,630 SF
Lot
1.15 ac (50,094 SF)
APN
M5000-00-001-0009-30
UPID
US82-5546823
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
$620,000
COMMERCIAL (GENERAL)
Est. value
$965,000
OFFICE BUILDING
Est. value
$935,000
RETAIL STORES
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$860,000
RESTAURANT
Est. value
$695,000
MEDICAL BUILDING
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
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
2011
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Adelante Funding I Ltd
Individual
Mailing address
1300 N 10TH ST STE #100, MCALLEN, TX 78501-4395
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
$575,000
Adelante Funding I Ltd
Mario A Rodriguez
Trustees Deed
related
—
Jul 24, 2020
—
Grantor James R W Trust
James R Warren
Quitclaim Deed
related
—
Jan 22, 2019
—
Mario A Rodriguez
—
Deed
related
$403,872 · Adelante Fndg I
Feb 3, 2010
—
Mar Designs & Construction INC
—
Trustees Deed
related
$96,000 · Carlos Lozano
Jun 30, 2004
—
Jesus M Flores
Padron,olga
Warranty Deed
related
—
—
—
Mario A Rodriguez
—
Deed Of Trust
related
$415,000 · Comack Investments LP
—
—
Mario A Rodriguez
—
Deed Of Trust
related
$300,000 · Comack Investments LP
—
—
Mario A Rodriguez
—
Loan Modification
related
$403,872 · Adelante Fndg I
—
—
Mario A Rodriguez
—
Deed Of Trust
related
$215,000 · Comack Investments LP
—
—
Mario A Rodriguez
—
Deed Of Trust
related
$400,000 · Adelante Fndg I
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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