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Property profile & analytics
OFF-MARKET
Estimated value
$3,740,000
Grocery and convenience stores
3621 Closner Blvd Edinburg, TX 78541-2591
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2495124
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Total area
33,456 SF
Lot
2.46 ac (107,354 SF)
APN
J9520-00-000-0001-00
UPID
US82-2495124
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
$3.26M
Blend (final)
Blend
$3.74M
Owner & transaction history
Mcdonalds Real Estate Co · 15 yrs held
Mcdonalds Real Estate Co
since 2011
5 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,020,000
Current use
OFFICE BUILDING
$4,965,000
Change: -1% · Conversion: Easy
RESTAURANT
$4,250,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.74M
Range $3.37M – $4.11M · ±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
$112 / 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
$64,624
Tax year 2022
Assessed value
$2,481,705
Assessed 2023
Previous assessed
$2,481,705
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$322,059
Assessed improvement
$2,159,646
Land market value
$322,059
Improvement market value
$2,159,646
Total market value
$2,481,705
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
33,456 SF
Lot
2.46 ac (107,354 SF)
APN
J9520-00-000-0001-00
UPID
US82-2495124
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
RETAIL STORES Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$5.0M
RESTAURANT
Est. value
$4.3M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
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
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Mcdonalds Real Estate Co
Entity
Free & Clear · 15 yrs held
Mailing address
11100 N SHARY RD, MISSION, TX 78573-1285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2011
—
Mcdonalds Real Estate Co
Chavez,felix JR & Maria I
Warranty Deed
related
—
Mar 27, 2007
—
Texas Autozone
Chavez,felix JR & Maria I
Warranty Deed
related
—
—
—
Chavez,felix JR
—
Loan Modification
related
$428,000 · International Bk/commerce
—
—
Felix Chavez JR.
—
Deed Of Trust
related
$1,500,000 · International Bank Of Commerce
—
—
Felix Chavez JR.
—
Deed Of Trust
related
$428,000 · International Bank Of Commerce
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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