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Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Showrooms
609 10th St Mcallen, TX 78501-4951
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2942505
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
22,484 SF
Lot
1.64 ac (71,486 SF)
Zoning code
RS
APN
T3640-01-000-0001-00
UPID
US82-2942505
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
-
Statewide Insurance Insurance Agency
-
Watermill Express Big Box & Wholesale Store
-
Kreative Grounds Café Cafe & Coffee Shop
-
Tire Sale Auto Parts Department Store
-
Pep Boys (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.21M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.85M
Owner & transaction history
Pep Boys Manny Moe & Jack Of Cali · 20 yrs held
Pep Boys Manny Moe & Jack Of Cali
since 2006
2 recorded transactions
Zoning & alternative use
RS · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+23.3%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,555,000
6.5%
$4,205,000
7%
$3,905,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,515,000
Current use
AUTO REPAIR, GARAGE
$3,105,000
Change: +23% · Conversion: Difficult
RESTAURANT
$2,490,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$2,380,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$3.85M
Range $3.47M – $4.24M · ±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
$171 / 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
$48,922
Tax year 2022
Assessed value
$2,446,092
Assessed 2023
Previous assessed
$2,446,092
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,193,833
Assessed improvement
$1,252,259
Land market value
$1,193,833
Improvement market value
$1,252,259
Total market value
$2,446,092
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
22,484 SF
Lot
1.64 ac (71,486 SF)
Zoning code
RS
APN
T3640-01-000-0001-00
UPID
US82-2942505
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mcallen, TX
Zoning RS · permitted uses
RS · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE 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
1989
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.64 ac
Current owner
From public records · entity-resolved
Pep Boys Manny Moe & Jack Of Cali
Individual
Mailing address
3111 W ALLEGHENY AVE DEPT C, PHILADELPHIA, PA 19132-1116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2006
—
Pep Boys Manny Moe & Jack Of Cali
—
Deed Of Trust
related
$200,000,000 · Wachovia Bank NA
—
—
Pep Boys Manny Moe & Jack Of Cali
—
Deed Of Trust
related
$120,000,000 · Wachovia Bank NA
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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