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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Strip malls
2904 Regency Dr 2964 Edinburg, TX 78539-2295
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9818220
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2013
Total area
8,932 SF
Lot
0.86 ac (37,409 SF)
APN
T2935-00-001-0008-00
UPID
US82-9818220
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
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$650k
Owner & transaction history
R Ents · 13 yrs held
R Ents
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+53.6%
Retail stores
$1.0M
+45.8%
Restaurant
$970,000
+41.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Current use
AUTO REPAIR, GARAGE
$1,060,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: +46% · Conversion: Easy
RESTAURANT
$970,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$885,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$865,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$825,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$615,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$73 / 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
$27,588
Tax year 2022
Assessed value
$1,059,434
Assessed 2023
Previous assessed
$1,059,434
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$355,377
Assessed improvement
$704,057
Land market value
$355,377
Improvement market value
$704,057
Total market value
$1,059,434
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
2013
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,932 SF
Lot
0.86 ac (37,409 SF)
APN
T2935-00-001-0008-00
UPID
US82-9818220
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
$690,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
RESTAURANT
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$885,000
OFFICE BUILDING
Est. value
$865,000
MEDICAL BUILDING
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2013
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
R Ents
Individual
Mailing address
4500 N 10TH ST STE #20, MCALLEN, TX 78504-2948
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2016
—
R & E Villarreal & Sons Ents L
—
Deed
related
$1,175,000 · International Bk
Sep 5, 2014
—
R Ents
—
Trustees Deed
related
$186,500 · Lone Star Nat'l Bk
Jan 24, 2013
—
R Ents
Triple R Ents INC
Warranty Deed
—
Sep 9, 2011
—
Triple R Ents INC
Jar Group Dev LP
Warranty Deed
—
Aug 31, 2010
—
Jar Group Dev LP
—
Trustees Deed
related
—
Aug 10, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
Jul 8, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
Jun 2, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
Mar 30, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
Feb 17, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
Jan 7, 2009
—
Jar Group Dev
—
Trustees Deed
related
—
May 2, 2007
—
Jar Group Dev
—
Trustees Deed
related
$570,068 · Texas State Bank Mcallen
Oct 25, 2006
—
Jar Group Dev
—
Trustees Deed
related
$717,724 · Texas State Bank Mcallen
—
—
R & E Villarreal & Sons Ents L
—
Deed Of Trust
related
$1,175,000 · International Bk
—
—
R Ents
—
Deed Of Trust
related
$1,020,440 · Lone Star National Bank
—
—
Jar Group Dev
—
Deed Of Trust
related
$722,116 · Compass 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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