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Property profile & analytics
FOR LEASE
Strip malls
5000 W Military Hwy McAllen, TX 78503
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-3177691
For Lease
1 / 2
$960,000
5000 W Military Hwy, McAllen, TX 78503
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
TILT-UP CONCRETE
Total area
27,300 SF
Lot
3.12 ac (135,716 SF)
Zoning code
IN
APN
S3004-04-000-0008-00
UPID
US82-3177691
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
-
Bullard Construction Inc Construction Company General Contractor
-
Sharyland Farms Ranch
-
Halff Surveyor Engineering Consultant
-
MANPOWER Employment Agency
-
Killam Development Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$960k
Owner & transaction history
Killam Dev Ltd · 6 yrs held
Killam Dev Ltd
since 2020
6 recorded transactions
Zoning & alternative use
IN · 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
Method
Estimation
Statistic approach
by Request
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$35 / 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
$40,329
Tax year 2022
Assessed value
$1,989,595
Assessed 2023
Previous assessed
$1,989,595
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$746,438
Assessed improvement
$1,243,157
Land market value
$746,438
Improvement market value
$1,243,157
Total market value
$1,989,595
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
For Lease
Year built
2003
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
27,300 SF
Lot
3.12 ac (135,716 SF)
Zoning code
IN
APN
S3004-04-000-0008-00
UPID
US82-3177691
Jurisdiction
HIDALGO
Zoning & alternative use
IN · Mcallen, TX
Zoning IN · permitted uses
IN · 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
2003
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Killam Dev Ltd
Individual
Mailing address
4320 UNIVERSITY BLVD, LAREDO, TX 78041-1934
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2020
—
Killam Dev Ltd
Deca Six Ltd
Grant Deed
—
Nov 2, 2005
—
Deca Six Ltd
Argent Sharyland
Grant Deed
—
Dec 30, 2004
—
Argent Sharyland
—
Trustees Deed
related
$3,401,115 · Chase Manhattan Bank
—
—
Deca Six Ltd
—
Deed Of Trust
related
$105,000 · Legacy Bk/tx
—
—
Deca Six Ltd
—
Deed Of Trust
related
$2,400,000 · J P Morgan Chase Bank
—
—
Deca Six Ltd
—
Deed Of Trust
related
$1,550,000 · Legacytexas 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.
Try Rey
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