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Property profile & analytics
OFF-MARKET
Strip malls
2900 45th St Mission, TX 78574-5842
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-2106620
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
4,536 SF
Lot
0.5 ac (21,867 SF)
Zoning code
RS
APN
Q2800-00-000-0026-00
UPID
US82-2106620
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
-
Kids Korner Pre-School & Daycare High School Daycare Center
-
Honey's Little Bee's Learning Daycare Center
-
Makinitas De La Homa Electronics & Wireless Store
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
Magec Capital LLC · 1 yrs held
Magec Capital LLC
since 2025
7 recorded transactions
Zoning & alternative use
RS · 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
$6,947
Tax year 2022
Assessed value
$319,617
Assessed 2023
Previous assessed
$319,617
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$55,761
Assessed improvement
$263,856
Land market value
$55,761
Improvement market value
$263,856
Total market value
$319,617
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
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
4,536 SF
Lot
0.5 ac (21,867 SF)
Zoning code
RS
APN
Q2800-00-000-0026-00
UPID
US82-2106620
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mission, TX
Zoning RS · permitted uses
RS · 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
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.5 ac
Current owner
From public records · entity-resolved
Magec Capital LLC
Entity
Mailing address
708 S J ST, MCALLEN, TX 78501-8857
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Magec Capital LLC
Emma Gonzalez
Warranty Deed
$190,000 · Texas Community Bank
Feb 26, 2025
—
Emma Gonzalez
Jose H Garcia
Warranty Deed
—
Dec 28, 2016
—
Jose H Garcia
—
Deed
related
$262,396 · Texas Nat'l Bk
Nov 4, 2011
—
Garcia,jose H
Texas Natl Bk
Grant Deed
$310,400 · Texas Nat'l Bk-bullard
Jul 13, 2011
$335,000
Texas Natl Bk
Yzaguirre,carlos M
Trustees Deed
related
—
Nov 4, 2009
—
Virginia Escoto
—
Trustees Deed
related
$343,232 · Texas National Bank
Nov 4, 2004
—
Virginia Escoto
Shirley-lou INC
Warranty Deed
related
—
May 10, 2004
—
Virginia Escoto
Becerra,maria G
Warranty Deed
related
—
—
—
Virginia Escoto
—
Deed Of Trust
related
$343,232 · Texas National Bank
—
—
Jose H Garcia
—
Loan Modification
related
$262,396 · Texas Nat'l Bk
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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