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Property profile & analytics
OFF-MARKET
Strip malls
504 Expy 83 Mcallen, TX 78503-1615
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4724040
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Total area
2,580 SF
Lot
0.18 ac (7,863 SF)
Zoning code
CO
APN
M2280-00-000-00A3-00
UPID
US82-4724040
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
by Request
Owner & transaction history
Mcallen 83 Mccoll INC · 2 yrs held
Mcallen 83 Mccoll INC
since 2023
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
$5,431
Tax year 2022
Assessed value
$260,199
Assessed 2023
Previous assessed
$260,199
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$132,082
Assessed improvement
$128,117
Land market value
$132,082
Improvement market value
$128,117
Total market value
$260,199
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
1993
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
26
Bathrooms
1
Total area
2,580 SF
Lot
0.18 ac (7,863 SF)
Zoning code
CO
APN
M2280-00-000-00A3-00
UPID
US82-4724040
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
1993
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
26
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Mcallen 83 Mccoll INC
Entity
Mailing address
601 N LAMAR BLVD STE #301, AUSTIN, TX 78703-5448
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
Mcallen 83 Mccoll INC
—
Deed
related
$4,500,000 · Standard Insurance Co
Oct 22, 2020
—
Burlington Coat Factory Wareho
—
Deed
related
$300,000,000 · Wilmington Tr NA
Aug 3, 2018
—
Burlington Coat Factory Wareho
—
Deed
related
—
Oct 20, 2014
—
Burlington Coat Factory Wareho
—
Loan Modification
related
$1,600,000,000 · Jp Morgan Chase Bk
Jun 8, 2011
—
Burlington Coat Factory Wareho
—
Deed Of Trust
related
$1,150,000,000 · Jp Morgan Chase Bk
—
—
Burlington Coat Factory Wareho
—
Loan Modification
related
—
—
—
Burlington Coat Factory Wareho
—
Deed Of Trust
related
—
—
—
Burlington Coat Factory Wareho
—
Deed Of Trust
related
$800,000,000 · Bank Of America
—
—
Mcallen-83-mccoll INC
—
Loan Modification
related
$3,500,000 · Miscellaneous Ins Co
—
—
Burlington Coat Factory Wareho
—
Deed Of Trust
related
—
—
—
Burlington Coat Factory Wareho
—
Deed Of Trust
related
$300,000,000 · Wilmington Tr NA
—
—
Burlington Coat Factory Wareho
—
Deed Of Trust
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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