Entity Owned Property summary
AI-generated overview
Northtown Plaza, located at 310 W Expy 83 in Weslaco, Texas, presents a compelling retail investment opportunity. This property, situated in the Outlying Hidalgo County submarket of The Valley, offers a total of 16,080 square feet across three suites. Currently, 6,245 square feet are available for lease, with individual spaces ranging from a minimum of 1,411 square feet to a maximum contiguous space of 2,771 square feet. The property sits on a sizable 1.57 acres of land, providing ample space and visibility. Its location in Weslaco, Hidalgo County, Texas (zip code 78599) ensures high traffic and accessibility for businesses. The property's classification as a multi-tenant retail space makes it ideal for a variety of commercial uses. This is a prime opportunity to establish or expand a retail presence in a thriving Texas market. The property's size and layout offer flexibility for businesses seeking various square footage needs. Interested parties are encouraged to inquire about lease terms and availability. The property is conveniently located on West Expressway 83.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
11,204 SF
Lot
1.57 ac (68,250 SF)
Zoning code
CO
APN
F5865-00-000-0002-00
UPID
US82-2717357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Clothing & Fashion Store
-
Hair Salon Nail Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$770k
Owner & transaction history
since 2024
7 recorded transactions
Zoning & alternative use
CO · Weslaco, TX
Top alternative use upside
Medical building
$1.2M
+46.5%
Warehouse, storage
$855,000
+7.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$770k
Value range
$693k – $847k
±10% around blend
Estimated value / SF
$69 / SF
Confidence
Property data
100
Comparable evidence
60
$693k
blend $770k
$847k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,204 SF
Lot area
1.57 ac
Year built
2004
Stories
1
APN
F5865-00-000-0002-00
Zoning
CO
Assessed value
$1,800,000
Annual tax
$46,073
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$998k
Range $564k – $998k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$770k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+46%
vs current-use indication
Warehouse, Storage
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.80M
Move the market yield to see immediate price impact.
Value / SF
$161
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$113k
$2.27M
$1.62M
$1.26M
$126k
$2.52M
$1.80M
$1.40M
$139k
$2.77M
$1.98M
$1.54M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$46,073
Tax year 2022
Assessed value
$1,800,000
Assessed 2023
Previous assessed
$1,800,000
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$1,088,588
Assessed improvement
$711,412
Land market value
$1,088,588
Improvement market value
$711,412
Total market value
$1,800,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2004
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
11,204 SF
Lot
1.57 ac (68,250 SF)
Zoning code
CO
APN
F5865-00-000-0002-00
UPID
US82-2717357
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Weslaco, TXZoning CO · permitted uses
CO · Weslaco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
1.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CO
Jurisdiction
Weslaco, TX
Recorded code
CO
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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