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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Warehouses
5005 La Homa Rd Mission, TX 78574-5879
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-8346926
Property summary
AI-generated overview
This exceptional 1.85-acre commercial land parcel, located at 5005 N La Homa Road in Mission, Texas, presents a compelling investment opportunity. The property, situated in Hidalgo County, boasts a desirable location within the 78572 zip code. Built in 1974, this expansive lot offers significant potential for a variety of commercial ventures. Its size provides ample space for development, allowing for flexibility in design and functionality to suit diverse business needs. The asking price for this prime commercial land is $1,200,000. Given its size and location, this property represents a rare chance to acquire a substantial commercial holding in a thriving Texas market. The property's versatility makes it suitable for a wide range of commercial uses, providing a strong foundation for long-term growth and return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a unique opportunity to secure a significant commercial land holding in a dynamic and growing area. Don't miss out on this chance to acquire a valuable asset in Mission, Texas.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Total area
7,200 SF
Lot
0.75 ac (32,478 SF)
Zoning code
RS
APN
L1070-0A-000-0002-00
UPID
US82-8346926
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
-
Armour Custom Steelworks, LLC and Powder coating Steelwork Design Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$704k
Blend (final)
Blend
$705k
Owner & transaction history
Armour Custom Steelworks LLC · 7 yrs held
Armour Custom Steelworks LLC
since 2019
3 recorded transactions
Zoning & alternative use
RS · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+54.1%
Restaurant
$1.1M
+46.9%
Auto repair, garage
$955,000
+31.3%
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 Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission 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%
$765,000
6.5%
$710,000
7%
$655,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$730,000
Current use
RETAIL STORES
$1,125,000
Change: +54% · Conversion: Moderate
RESTAURANT
$1,070,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$955,000
Change: +31% · Conversion: Easy
MEDICAL BUILDING
$715,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$98 / 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
$8,267
Tax year 2022
Assessed value
$380,357
Assessed 2023
Previous assessed
$380,357
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$112,056
Assessed improvement
$268,301
Land market value
$112,056
Improvement market value
$268,301
Total market value
$380,357
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
2010
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
7,200 SF
Lot
0.75 ac (32,478 SF)
Zoning code
RS
APN
L1070-0A-000-0002-00
UPID
US82-8346926
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mission, TX
Zoning RS · permitted uses
RS · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$730,000
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$955,000
MEDICAL BUILDING
Est. value
$715,000
WAREHOUSE, STORAGE Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
2010
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Armour Custom Steelworks LLC
Entity
Mailing address
323 E OWASSA RD, EDINBURG, TX 78542-3035
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2019
—
Armour Custom Steelworks LLC
Ana Moya
Venders Lien
$255,000 · Lone Star National Bank
May 6, 2019
—
Alejandro Moya
Cureton,ted & Diana L
Warranty Deed
—
Dec 20, 2006
—
Alejandro Moya
Rojas,veronica
Warranty Deed
related
—
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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