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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
304 La Homa Rd Palmview, TX 78572-7355
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-2314740
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Total area
2,520 SF
Lot
0.77 ac (33,750 SF)
Zoning code
RS
APN
P2950-00-000-0006-00
UPID
US82-2314740
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
by Request
Owner & transaction history
7-eleven INC · 5 yrs held
7-eleven INC
since 2020
7 recorded transactions
Zoning & alternative use
RS · Palmview, 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 Palmview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmview 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
$7,630
Tax year 2022
Assessed value
$281,745
Assessed 2023
Previous assessed
$281,745
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$172,125
Assessed improvement
$109,620
Land market value
$172,125
Improvement market value
$109,620
Total market value
$281,745
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
12
Total area
2,520 SF
Lot
0.77 ac (33,750 SF)
Zoning code
RS
APN
P2950-00-000-0006-00
UPID
US82-2314740
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Palmview, TX
Zoning RS · permitted uses
RS · Palmview, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
12
Lot
0.77 ac
Current owner
From public records · entity-resolved
7-eleven INC
Entity
Free & Clear · 5 yrs held
Mailing address
3200 HACKBERRY RD, IRVING, TX 75063-0131
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2020
—
7-eleven INC
Leos Drive-in LP
Grant Deed
—
Dec 14, 2017
—
Leos Drive-in LP
—
Deed
related
$446,922 · International Bk
Nov 1, 2016
—
Leos Drive-in LP
—
Deed
related
$593,576 · International Bk
Sep 28, 2009
—
Leos Drive-in
—
Deed Of Trust
related
$1,000,000 · Rio Bank
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$613,514 · Rio Bank
—
—
Leos Drive-in
—
Deed Of Trust
related
$1,000,000 · Rio Bank
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$660,229 · Rio Bank
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$593,576 · International Bk
—
—
Leos Drive-in LP
—
Loan Modification
related
$446,922 · International Bk
—
—
Leos Drive-in
—
Deed Of Trust
related
$705,000 · Rio Bank
—
—
Leos Drive-in
—
Deed Of Trust
related
$400,000 · Rio 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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