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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Bars & Pubs
6000 10th St Mcallen, TX 78504-3228
Individually Owned
15-yr Hold
Free & Clear
Property ID
US82-2223143
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1991
Total area
8,336 SF
Lot
1.2 ac (52,407 SF)
Zoning code
CO
APN
M0560-00-000-0001-00
UPID
US82-2223143
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
-
Hillbilly's Nightclub DJ & Entertainment
-
Lonestar Markets Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$565k
Owner & transaction history
North Lean Ltd · 15 yrs held
North Lean Ltd
since 2011
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$815,000
+2.4%
Neighborhood: shopping center
$795,000
+0.2%
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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$795,000
Current use
MEDICAL BUILDING
$815,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$795,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: -17% · Conversion: Easy
RETAIL STORES
$650,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$68 / 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
$23,579
Tax year 2022
Assessed value
$1,178,929
Assessed 2023
Previous assessed
$1,178,929
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$932,862
Assessed improvement
$246,067
Land market value
$932,862
Improvement market value
$246,067
Total market value
$1,178,929
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1991
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
8,336 SF
Lot
1.2 ac (52,407 SF)
Zoning code
CO
APN
M0560-00-000-0001-00
UPID
US82-2223143
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$795,000
MEDICAL BUILDING
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$660,000
RETAIL STORES
Est. value
$650,000
RESTAURANT Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1991
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
North Lean Ltd
Individual
Free & Clear · 15 yrs held
Mailing address
401 E NOLANA LOOP, PHARR, TX 78577-5839
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2018
—
North Lean Ltd
—
Deed
related
$245,500 · Frost Bk
Apr 1, 2011
—
North Lean Ltd
Martinez,enrique JR & Yolanda D
Grant Deed
related
—
Aug 28, 2006
—
Enrique Martinez JR.
—
Trustees Deed
related
$190,000 · Frost National Bank
Aug 5, 2005
—
Enrique Martinez JR.
—
Trustees Deed
related
$190,000 · Alamo Bank Texas
—
—
Enrique Martinez JR.
—
Deed Of Trust
related
$250,000 · Frost National Bank
—
—
Enrique Martinez
—
Deed Of Trust
related
$190,000 · Frost National Bank
—
—
North Lean Ltd
—
Deed Of Trust
related
$250,000 · Frost National Bank
—
—
North Lean Ltd
—
Loan Modification
related
$245,500 · Frost Bk
—
—
Enrique Martinez JR.
—
Deed Of Trust
related
$450,000 · Frost 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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