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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Sports & entertainment properties
2605 Mile 5th Rd Mission, TX 78574-0968
Individually Owned
5-yr Hold
Free & Clear
Property ID
US82-7479225
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2010
Total area
16,660 SF
Lot
10.7 ac (466,092 SF)
APN
L1100-01-00A-0000-04
UPID
US82-7479225
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
-
Driscoll Wellness & Medspa Alternative Medicine Practice Spa & Massage Center
-
Bella Chanel ( Chanel and Care) (Bike/Boat/Book/etc) Store Cosmetic Store
-
Diamond Beauty1 Studio Hair Salon Nail Salon
-
Memita's Daycare Daycare Center
-
Luna Family Medical Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.04M
Owner & transaction history
Omar Mireles · 5 yrs held
Omar Mireles
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.7M
+66.7%
Medical building
$1.7M
+63.4%
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 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
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,010,000
Current use
WAREHOUSE, STORAGE
$1,685,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,655,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$62 / 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
$53,096
Tax year 2022
Assessed value
$2,442,774
Assessed 2023
Previous assessed
$2,442,774
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$247,590
Assessed improvement
$2,195,184
Land market value
$247,590
Improvement market value
$2,195,184
Total market value
$2,442,774
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2010
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
16,660 SF
Lot
10.7 ac (466,092 SF)
APN
L1100-01-00A-0000-04
UPID
US82-7479225
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
WAREHOUSE, STORAGE
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
2010
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
10.7 ac
Current owner
From public records · entity-resolved
Omar Mireles
Individual
Free & Clear · 5 yrs held
Mailing address
3602 BUDDY OWENS AVE, MCALLEN, TX 78504-5201
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
—
Omar Mireles
Nancy L Mireles
Quit Claim Deed
related
—
Aug 29, 2013
—
Nancy L Mireles
Moreno,alejandro R
Warranty Deed
—
May 4, 2012
—
Alejandro R Moreno
Cortinas,flor H
Warranty Deed
—
Feb 25, 2011
—
Flor H Cortinas
Lopez,rosa I
Warranty Deed
—
Feb 1, 2010
—
Rosa I Lopez
Pena,juan J JR & Eira M
Warranty Deed
$225,000 · Juan J JR Pena
Dec 4, 2006
—
Juan J Pena JR.
Gursahani,mohan & Pushpa
Warranty Deed
$85,000 · Rio Bank
—
—
Juan J Pena JR.
—
Deed Of Trust
related
$85,000 · Rio Bank
—
—
Juan J Pena JR.
—
Deed Of Trust
related
$59,564 · San Antonio National Bank
—
—
Alejandro R Moreno
—
Deed Of Trust
related
$300,000 · Texas 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.
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