Financial
Distress signals
Property profile

6700 N 23Rd St McAllen, TX 78504

FOR LEASE
Strip malls
Property ID
US82-8042768
7,125 SF 0.85 ac lot Built 2001
Last sale Jan 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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6700 N 23Rd St, McAllen, TX 78504 For Lease
$1,200/Mo
6700 N 23Rd St, McAllen, TX 78504
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Property summary

AI-generated overview

The property is a standalone strip center on N 23rd St in McAllen, Texas, located south of Trenton, consisting of commercial retail and service space configured into multiple units labeled A through D, plus an exterior kiosk area. The tenant mix includes a restaurant (Kusina), an acute dialysis center, and an exterior kiosk use. The unit leases historically included long-term arrangements with options for periodic annual rent increases. The building is configured to accommodate retail, restaurant, and healthcare-oriented occupancy within a single freestanding structure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$705k
Assessed land$333k
Assessed improvement$372k
Effective rate2.00%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$295k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$7k
Operating expenses−$10k
NOI · 2,454.42% cap applied$29k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,454.42%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CO
JurisdictionHIDALGO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.0
HVAC Service12.8
Parking Facility12.6

Location

6700 N 23Rd St McAllen, TX 78504
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2212 Primrose, Mcallen, TX 78504-4157 $100,000 Oct 2024 1,692 SF
731 Dove, Mcallen, TX 78504-3538 $10,529 Sep 2019 2,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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