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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Office buildings
2802 Business Hwy 281 Edinburg, TX 78539-6243
Individually Owned
6-yr Hold
Free & Clear
Property ID
US82-5304583
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
54,858 SF
Lot
6.24 ac (271,658 SF)
Zoning code
C-3
APN
C1250-00-000-0002-00
UPID
US82-5304583
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
$2.32M
Owner & transaction history
Santa Cruz Props Ltd · 6 yrs held
Santa Cruz Props Ltd
since 2020
7 recorded transactions
Zoning & alternative use
C-3 · Edinburg, 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 Edinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburg 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
$42 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$2,971,573
Assessed 2023
Previous assessed
$2,971,573
+0.0% YoY
Assessed land
$937,217
Assessed improvement
$2,034,356
Land market value
$937,217
Improvement market value
$2,034,356
Total market value
$2,971,573
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
54,858 SF
Lot
6.24 ac (271,658 SF)
Zoning code
C-3
APN
C1250-00-000-0002-00
UPID
US82-5304583
Jurisdiction
HIDALGO
Zoning & alternative use
C-3 · Edinburg, TXZoning C-3 · permitted uses
C-3 · Edinburg, TX
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
6.24 ac
Current owner
From public records · entity-resolved
Santa Cruz Props Ltd
Individual
Free & Clear · 6 yrs held
Mailing address
2802 S BUSINESS HWY 281, EDINBURG, TX 78539-6243
Mailing matches property
Yes
Owner-occupied
Yes
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
Jun 5, 2020
—
Santa Cruz Props Ltd
Guerrero Cruz III
Quit Claim Deed
related
—
Dec 12, 2019
—
Santa Cruz Props Ltd
Catherine R Helgeson
Grant Deed
related
—
Sep 3, 2019
$44,493
Izaguirre R & E Hldgs LLC
Moore Patrick|barrera,juan M
Trustees Deed
—
Jun 4, 2019
$45,421
Izaguirre R & E Hldgs LLC
Moore,patrick
Grant Deed
—
Jan 9, 2019
$145,337
Torres Bldg & Const LLC
Molina Juan R|lopez,javier & Diane
Trustees Deed
—
Dec 6, 2018
—
Buena Tierra Dev INC
Robles,danielle A
Grant Deed
related
—
Dec 16, 2004
—
County Of Hidalgo
Caprealty 01-edinburg LLC
Warranty Deed
related
—
—
—
Osman A G Baday
—
Deed Of Trust
related
$39,450 · Tres Maravillas LLC
—
—
Patricia Y C Sustaita
—
Loan Modification
related
$30,495 · Private Individual
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
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