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Property profile & analytics
OFF-MARKET
Strip malls
4325 23rd St Mcallen, TX 78504-4166
Individually Owned
~
Est. High Equity
Property ID
US82-4493947
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
9,300 SF
Lot
0.87 ac (37,845 SF)
Zoning code
CO
APN
S3020-01-000-0021-00
UPID
US82-4493947
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
-
Melissa G. Rodriguez, OTR Physician
-
Carolina Homes Construction Company
-
A Best International Placement Services, LLC Employment Agency
-
Natural Glow Skincare LLC Spa & Massage Center Skin Care Clinic
-
United Tax & Business Services Tax Preparation
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
Sergio Gerardo Morales
Sergio Gerardo Morales
since 2025
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
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
$15,602
Tax year 2022
Assessed value
$780,078
Assessed 2023
Previous assessed
$780,078
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$287,622
Assessed improvement
$492,456
Land market value
$287,622
Improvement market value
$492,456
Total market value
$780,078
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
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,300 SF
Lot
0.87 ac (37,845 SF)
Zoning code
CO
APN
S3020-01-000-0021-00
UPID
US82-4493947
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TX
Zoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcallen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Sergio Gerardo Morales
Individual
Mailing address
4325 N 23RD ST STE C, MCALLEN, TX 78504-4169
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
37 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
—
Sergio Gerardo Morales
Asap Redbud Center LP
Deed
$680,000 · Texas Community Bank
Jul 6, 2020
—
Asap Redbud Center LP
—
Deed
related
$546,000 · Texas Nat'l Bk
Jul 2, 2019
—
Rodolfo Oracion
—
Deed
related
$19,302 · Bank Of South Tx
Jun 29, 2018
—
Rodolfo Oracion
—
Deed
related
$153,605 · Bank Of South Tx
Jul 19, 2017
—
Rodolfo Oracion
—
Deed
related
$212,500 · Bank Of South Tx
Jul 18, 2017
—
Asap Redbud Center LP
—
Deed
related
$788,000 · Bank Of South Tx
Jul 12, 2017
—
Rodolfo Oracion
—
Deed
related
$36,714 · Bank Of South Tx
Jun 1, 2016
—
Rodolfo Oracion
—
Deed
related
$45,303 · Bank Of South Tx
May 31, 2016
—
Asap At Redbud Center LP
—
Deed
related
$212,500 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$45,303 · Bank Of South Tx
—
—
Rodolfo C Oracion
—
Deed Of Trust
related
$704,250 · Mcallen National Bank
—
—
Asap Redbud Center LP
—
Deed Of Trust
related
$738,005 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$124,576 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$28,342 · Bank Of South Tx
—
—
Asap Redbud Center LP
—
Loan Modification
related
$579,912 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$153,605 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$36,714 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$248,517 · Bank Of South Tx
—
—
Asap Redbud Center LP
—
Loan Modification
related
$788,000 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$36,714 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$212,500 · Bank Of South Tx
—
—
Asap At Redbud Center LP
—
Loan Modification
related
$710,944 · Bank Of South Tx
—
—
Asapatredbud Center LP
—
Loan Modification
related
$630,743 · Bank Of South Tx
—
—
Asap Redbud Center
—
Deed Of Trust
related
$94,759 · Mcallen National Bank
—
—
Rodolfo Oracion
—
Loan Modification
related
$171,222 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$191,458 · Bank Of South Tx
—
—
Asap At Redbud Center LP
—
Deed Of Trust
related
$212,500 · Bank Of South Tx
—
—
Asap At Redbud Center LP
—
Deed Of Trust
related
$75,000 · Bank Of South Tx
—
—
Asap Redbud Center LP
—
Deed Of Trust
related
$546,000 · Texas Nat'l Bk
—
—
Asap Redbud Center LP
—
Deed Of Trust
related
$248,617 · Bank Of South Tx
—
—
Asap At Redbud Center LP
—
Loan Modification
related
$643,701 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$203,893 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$19,302 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$77,931 · Bank Of South Tx
—
—
Asap Redbud Center LP
—
Loan Modification
related
$551,389 · Bank Of South Tx
—
—
Rodolfo Oracion
—
Loan Modification
related
$143,697 · Bank Of South Tx
—
—
Asap Redbud Center
—
Deed Of Trust
related
$788,000 · Bank Of South Tx
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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