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Property profile & analytics
OFF-MARKET
Strip malls
3204 23rd St Mcallen, TX 78501-7879
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-3491840
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Total area
13,600 SF
Lot
0.92 ac (40,249 SF)
APN
W4100-00-000-006B-00
UPID
US82-3491840
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
-
Strong Fit Nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
Sandra L Sanchez - Aflac Insurance Agent Insurance Agency
-
Jade Hair salon Hair Salon
-
All in one beauty studio Hair Salon Nail Salon
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
Bm Benchmark Properties LLC · 2 yrs held
Bm Benchmark Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Mcallen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcallen 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
$14,986
Tax year 2022
Assessed value
$749,295
Assessed 2023
Previous assessed
$749,295
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$281,750
Assessed improvement
$467,545
Land market value
$281,750
Improvement market value
$467,545
Total market value
$749,295
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
1989
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
13,600 SF
Lot
0.92 ac (40,249 SF)
APN
W4100-00-000-006B-00
UPID
US82-3491840
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
Building & site characteristics
From public records
Year built
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
Bm Benchmark Properties LLC
Entity
Mailing address
119 N 17TH ST, MCALLEN, TX 78501-4740
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Bm Benchmark Properties LLC
—
Deed
related
$980,000 · Texas Regional Bank
Jan 16, 2024
—
Bm Benchmark Properties LLC
Rio Fortuna LLC
Venders Lien
$600,000 · Rio Fortuna LLC
Dec 18, 2023
—
Rio Fortuna LLC
Ace Eateries LLC
Warranty Deed
—
Sep 21, 2016
—
Ace Eateries LLC
—
Deed
related
$1,636,646 · Lone Star Nat'l Bk
Dec 31, 2013
—
Ace Eateries LLC
—
Trustees Deed
related
$300,000 · Lone Star Nat'l Bk
May 19, 2006
—
Ace Eateries LLC
Brittons Photo Supply
Warranty Deed
$577,000 · Texas State Bank Mcallen
Dec 10, 2004
—
Brittons Photo Supply Co
—
Trustees Deed
related
$449,139 · Texas State Bank
—
—
Ace Eateries LLC
—
Deed Of Trust
related
$5,223,516 · Lone Star National Bank
—
—
Ace Eateries LLC
—
Loan Modification
related
$300,000 · Lone Star Nat'l Bk
—
—
Ace Eateries LLC
—
Deed Of Trust
related
$507,393 · Compass Bank
—
—
Ace Eateries LLC
—
Deed Of Trust
related
$120,000 · Alvie Britton
—
—
Brittons Photo Supply Co
—
Deed Of Trust
related
$450,000 · Texas State Bank
—
—
Ace Eateries LLC
—
Loan Modification
related
$300,000 · Lone Star Nat'l Bk
—
—
Ace Eateries LLC
—
Deed Of Trust
related
—
—
—
Ace Eateries LLC
—
Deed Of Trust
related
$1,636,646 · Lone Star 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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