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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Turn key restaurants
601 Jackson Rd Pharr, TX 78577-5805
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-3677415
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Total area
6,282 SF
Lot
1.63 ac (71,051 SF)
Zoning code
CO
APN
P3230-00-000-004A-00
UPID
US82-3677415
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
$705k
Owner & transaction history
35 Wd LLC · 7 yrs held
35 Wd LLC
since 2019
7 recorded transactions
Zoning & alternative use
CO · Pharr, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Office building
$830,000
+8.8%
Retail stores
$825,000
+8.1%
Auto repair, garage
$805,000
+5.8%
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 Pharr submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pharr 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$760,000
Current use
OFFICE BUILDING
$830,000
Change: +9% · Conversion: Moderate
RETAIL STORES
$825,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$805,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$645,000
Change: -15% · 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
$112 / 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
$50,696
Tax year 2022
Assessed value
$1,807,409
Assessed 2023
Previous assessed
$1,807,409
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$1,406,790
Assessed improvement
$400,619
Land market value
$1,406,790
Improvement market value
$400,619
Total market value
$1,807,409
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,282 SF
Lot
1.63 ac (71,051 SF)
Zoning code
CO
APN
P3230-00-000-004A-00
UPID
US82-3677415
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Pharr, TXZoning CO · permitted uses
CO · Pharr, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$760,000
OFFICE BUILDING
Est. value
$830,000
RETAIL STORES
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$805,000
MEDICAL BUILDING
Est. value
$645,000
RESTAURANT Current
OFFICE BUILDING
RETAIL STORES
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
35 Wd LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6500 MONTANA AVE, EL PASO, TX 79925-2129
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2019
—
35 Wd LLC
L Wayne Batmale & Therese Batmale R
Special Warranty Deed
—
May 23, 2011
—
Carol R Hajicek
Hajicek Lillian E Fam Trust
Quit Claim Deed
related
—
Sep 28, 2006
—
C & E Devries Investment Co
Devries Family Trust
Quit Claim Deed
—
Apr 21, 2006
—
Hajicek Lillian E Family Trust
Hajicek Robert F Fam Trust
Quit Claim Deed
—
Feb 16, 2006
—
Vries De Family Trust
Devries,garrett D
Quit Claim Deed
related
—
Jan 19, 2006
—
Garrett D Devries
Devries Garrett & C Trust
Quit Claim Deed
related
—
Oct 27, 2005
—
Hajicek Lillian E Family Trust
Hajicek,robert F & Lillian E
Quit Claim Deed
related
—
Mar 25, 2004
—
Roediger Family LLC
Aei Real Estate Fund Xv
Grant Deed
related
—
Jan 27, 2004
—
Roediger Family LLC
Aei Real Estate Fund Xv
Grant Deed
related
—
Jan 20, 2004
—
Viking Nursery INC
Aei Real Estate Fund Xv
Grant Deed
related
—
Jan 14, 2004
—
Wayne L Living Trust
Aei Real Estate Fund Xv
Grant Deed
related
—
Jan 12, 2004
—
Devries Garrett
Aei Real Estate Fund Xv
Grant 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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