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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Warehouses
4109 Conway Ave Palmhurst, TX 78573-1309
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5614827
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
14,000 SF
Lot
1 ac (43,560 SF)
Zoning code
CO
APN
P2345-00-000-001A-00
UPID
US82-5614827
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
$1.38M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.31M
Owner & transaction history
Qq Rio Grande Valley LLC · 2 yrs held
Qq Rio Grande Valley LLC
since 2023
7 recorded transactions
Zoning & alternative use
CO · Palmhurst, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+36.0%
Auto repair, garage
$2.0M
+29.1%
Restaurant
$2.0M
+27.9%
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 Palmhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmhurst 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%
$1,490,000
6.5%
$1,375,000
7%
$1,280,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,530,000
Current use
RETAIL STORES
$2,085,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,980,000
Change: +29% · Conversion: Easy
RESTAURANT
$1,960,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,850,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,390,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±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
$94 / 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
$13,593
Tax year 2022
Assessed value
$674,042
Assessed 2023
Previous assessed
$674,042
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$317,988
Assessed improvement
$356,054
Land market value
$317,988
Improvement market value
$356,054
Total market value
$674,042
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
YES
Stories
1
Total area
14,000 SF
Lot
1 ac (43,560 SF)
Zoning code
CO
APN
P2345-00-000-001A-00
UPID
US82-5614827
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Palmhurst, TX
Zoning CO · permitted uses
CO · Palmhurst, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmhurst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1973
Heating
NONE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Qq Rio Grande Valley LLC
Entity
Mailing address
2208 W 700TH S, SPRINGVILLE, UT 84663-6109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
—
Qq Rio Grande Valley LLC
Qqrgv Investments LLC
Warranty Deed
$3,370,255 · Rally Cu
Jan 27, 2012
—
Distributing Devin
Lone Star Natl Bk
Grant Deed
$390,000 · Lone Star National Bank
Feb 28, 2011
$361,168
Lone Star Natl Bk
Cole,rueben
Trustees Deed
related
—
Feb 9, 2011
$365,813
Lone Star Natl Bk
Cole,rueben
Trustees Deed
related
—
—
—
Carlos Vela
—
Deed Of Trust
related
$293,616 · Lone Star National Bank
—
—
Carlos Vela
—
Deed Of Trust
related
$23,432 · Tax Ease LP
—
—
Carlos Vela
—
Deed Of Trust
related
$561,806 · Lone Star National Bank
—
—
Carlos Vela
—
Deed Of Trust
related
$560,000 · Lone Star National 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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