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Property profile & analytics
OFF-MARKET
Strip malls
701 Ware Rd Mcallen, TX 78501-6616
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-0891308
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
3,007 SF
Lot
0.29 ac (12,423 SF)
Zoning code
CO
APN
V3470-01-000-0018-00
UPID
US82-0891308
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
-
Jennifer L. Holm, LPC-S Doctor Counselor
-
Challenges & Change, PLLC Crisis Center Medical Clinic
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Cambria Hotel McAllen Convention Center Hotel & Motel
-
Maria Palomo Counselor
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
Jennifer Leigh Holm · 2 yrs held
Jennifer Leigh Holm
since 2023
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
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
$6,603
Tax year 2022
Assessed value
$330,163
Assessed 2023
Previous assessed
$330,163
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$180,163
Assessed improvement
$150,000
Land market value
$180,163
Improvement market value
$150,000
Total market value
$330,163
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,007 SF
Lot
0.29 ac (12,423 SF)
Zoning code
CO
APN
V3470-01-000-0018-00
UPID
US82-0891308
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.
Building & site characteristics
From public records
Year built
2001
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Jennifer Leigh Holm
Individual
Mailing address
3926 N SHARY RD, MISSION, TX 78573-8423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
—
Jennifer Leigh Holm
Nicolas Cuevas Gomez
Venders Lien
$180,000 · Nicolas Cuevas Gomez Etux
Sep 11, 2023
—
Nicolas Cuevas
Barajas Laundormat INC
Warranty Deed
—
Dec 30, 2021
—
Mcallen Convention Center Hotel Lll
—
Deed
related
—
Dec 1, 2017
—
Nicholas C Gomez
Barajas INC
Warranty Deed
—
Oct 19, 2012
—
Barajas LLC
Property Guardian LLC
Warranty Deed
—
May 9, 2011
$206,000
Inter Natl Bk
Cordova,deborah L
Trustees Deed
related
—
Nov 29, 2005
—
Yadira Y Salinas
Gonzalez,simon & Mariela R
Warranty Deed
$238,500 · Inter National Bank
—
—
Barajas LLC
—
Deed Of Trust
related
$150,000 · Rio Bank
—
—
Yadira Y Salinas
—
Deed Of Trust
related
$238,500 · Inter National Bank
—
—
Simon Gonzalez JR.
—
Deed Of Trust
related
$226,493 · Texas State 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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