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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Strip malls
3701 Bicentennial Blvd Mcallen, TX 78501-3063
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9913921
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Total area
10,500 SF
Lot
2.68 ac (116,741 SF)
APN
B2869-00-000-0002-00
UPID
US82-9913921
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
-
CopyZone Copier Repair Service Office Equipment Supplier
-
Gloria Jean's Coffees Bicentennial Cafe & Coffee Shop
-
El Torito Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$665k
Owner & transaction history
Bicentennial Crossing Ltd · 4 yrs held
Bicentennial Crossing Ltd
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+78.5%
Retail stores
$1.0M
+77.9%
Apartment house (5+ units)
$580,000
+1.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Current use
MEDICAL BUILDING
$1,025,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$1,020,000
Change: +78% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$580,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$63 / 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
$32,130
Tax year 2022
Assessed value
$1,606,500
Assessed 2023
Previous assessed
$1,606,500
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$992,297
Assessed improvement
$614,203
Land market value
$992,297
Improvement market value
$614,203
Total market value
$1,606,500
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
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,500 SF
Lot
2.68 ac (116,741 SF)
APN
B2869-00-000-0002-00
UPID
US82-9913921
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
$575,000
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$580,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
Bicentennial Crossing Ltd
Individual
Mailing address
4316 N 10TH ST, MCALLEN, TX 78504-3007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
—
Bicentennial Crossing Ltd
—
Deed
related
$2,240,000 · Texas Regional Bank
Jun 1, 2018
—
Bicentennial Crossing Ltd
—
Deed
related
$593,398 · Texas Reg'l Bk
Feb 3, 2017
—
Bicentennial Crossing Ltd
—
Deed
related
$300,000 · Texas Reg'l Bk
Jan 4, 2016
—
Bicentennial Crossing Ltd
—
Trustees Deed
related
$300,000 · Texas Reg'l Bk
—
—
Erika A Zarate
—
Deed Of Trust
related
$520,000 · Dia Capital
—
—
Bicentennial Crossing Ltd
—
Loan Modification
related
$300,000 · Texas Reg'l Bk
—
—
Bicentennial Crossing Ltd
—
Deed Of Trust
related
$593,398 · Texas Reg'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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