New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
701 Main St Mcallen, TX 78501-4640
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-3579920
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Total area
2,214 SF
Lot
0.29 ac (12,741 SF)
APN
N5400-00-005-0005-00
UPID
US82-3579920
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
-
Espana Nouveau Mediterranean Restaurant
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
Anaiah Pathology LLC · 5 yrs held
Anaiah Pathology LLC
since 2020
7 recorded transactions
Zoning & alternative use
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
$7,300
Tax year 2022
Assessed value
$364,999
Assessed 2023
Previous assessed
$364,999
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$170,079
Assessed improvement
$194,920
Land market value
$170,079
Improvement market value
$194,920
Total market value
$364,999
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
1995
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,214 SF
Lot
0.29 ac (12,741 SF)
APN
N5400-00-005-0005-00
UPID
US82-3579920
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Anaiah Pathology LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1401 E RDG RDF1, MCALLEN, TX 78503-1524
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
—
Acme Partnership LP
—
Deed
related
—
Dec 18, 2020
—
Anaiah Pathology LLC
Mi Espana INC
Warranty Deed
related
—
Mar 17, 2020
—
Mi Espana INC
—
Deed
related
$390,444 · Lone Star Nat'l Bk
Sep 13, 2017
—
Mi Espana INC
—
Deed
related
$422,678 · Lone Star Nat'l Bk
Mar 29, 2011
—
Mi Espana INC
Isaac Guerra
Warranty Deed
$510,340 · Lone Star National Bank
Sep 10, 2010
—
Mi Espana INC
—
Trustees Deed
related
$348,256 · Lone Star National Bank
Feb 1, 2010
—
Mi Espana INC
—
Trustees Deed
related
$40,580 · Lone Star National Bank
Jan 8, 2009
—
Isaac Guerra
Mi Espana INC
Grant Deed
related
—
Aug 3, 2007
—
Mi Espana INC
—
Trustees Deed
related
$74,000 · Lone Star National Bank
Apr 30, 2004
—
Mi Espana INC
Guerra,isaac
Warranty Deed
$300,000 · Lone Star National Bank
Apr 8, 2004
—
Isaac Guerra
Espana T & I Lc
Warranty Deed
related
—
—
—
Mi Espana INC
—
Loan Modification
related
$422,678 · Lone Star Nat'l Bk
—
—
Mi Espana INC
—
Deed Of Trust
related
$387,301 · Lone Star National Bank
—
—
Mi Espana INC
—
Deed Of Trust
related
$395,000 · Lone Star National Bank
—
—
Mi Espana INC
—
Deed Of Trust
related
$248,726 · R&l Lozano Management Tr (tr)
—
—
Mi Espana INC
—
Loan Modification
related
$390,444 · Lone Star Nat'l Bk
—
—
Mi Espana INC
—
Deed Of Trust
related
$42,580 · Lone Star National Bank
—
—
Mi Espana INC
—
Deed Of Trust
related
$498,691 · Lone Star National Bank
—
—
Isaac Guerra
—
Deed Of Trust
related
$175,841 · Wells Fargo Bank
—
—
Mi Espana INC
—
Deed Of Trust
related
$74,000 · Lone Star National Bank
—
—
Mi Espana INC
—
Loan Modification
related
$474,418 · Lone Star Nat'l Bk
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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