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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Automotive properties
4001 Expy 83 Mercedes, TX 78570-5039
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US82-7316566
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Total area
22,441 SF
Lot
3.82 ac (166,356 SF)
Zoning code
CO
APN
H0070-00-000-0001-00
UPID
US82-7316566
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
$2.91M
Owner & transaction history
Mile One East Of Expressway 83 Ll · 18 yrs held
Mile One East Of Expressway 83 Ll
since 2008
5 recorded transactions
Zoning & alternative use
CO · Mercedes, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+56.3%
Office building
$4.1M
+43.3%
Retail stores
$3.2M
+11.0%
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 Mercedes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mercedes 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
AUTO REPAIR, GARAGE
$2,865,000
Current use
COMMERCIAL (GENERAL)
$4,475,000
Change: +56% · Conversion: Moderate
OFFICE BUILDING
$4,105,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$3,180,000
Change: +11% · Conversion: Difficult
RESTAURANT
$2,710,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±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
$130 / 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
$87,915
Tax year 2022
Assessed value
$2,907,632
Assessed 2023
Previous assessed
$2,907,632
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$2,220,826
Assessed improvement
$686,806
Land market value
$2,220,826
Improvement market value
$686,806
Total market value
$2,907,632
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
22,441 SF
Lot
3.82 ac (166,356 SF)
Zoning code
CO
APN
H0070-00-000-0001-00
UPID
US82-7316566
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mercedes, TX
Zoning CO · permitted uses
CO · Mercedes, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mercedes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$3.2M
RESTAURANT
Est. value
$2.7M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
3.82 ac
Current owner
From public records · entity-resolved
Mile One East Of Expressway 83 Ll
Individual
Mailing address
PO BOX 4404, MCALLEN, TX 78502-4404
Ownership since
2008
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 12, 2008
—
Mile One East Of Expressway 83 Ll
Vanburkleo,christine A
Grant Deed
$2,600,000 · Robert C Vackar
May 2, 2006
—
Christine A Vanburkleo
Vanburkleo James W JR
Quit Claim Deed
related
—
Apr 24, 2006
—
James W Vanburkleo JR.
—
Trustees Deed
related
$1,326,515 · Texas State Bank Mcallen
—
—
Christine A Vanburkleo
—
Deed Of Trust
related
$1,208,703 · Texas State Bank
—
—
Mid Valley Ford LLP
—
Deed Of Trust
related
$1,326,515 · Texas State 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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