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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Strip malls
708 Edinburg Ave, Elsa, TX 78543
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1609298
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
15,750 SF
Lot
3.1 ac (134,984 SF)
Zoning code
CO,RS
APN
P7350-00-000-0015-00
UPID
US82-1609298
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
-
Elsa WIC Clinic Social Service Agency Charitable Organization
-
Hidalgo County Health Department Public Health Department
-
Hidalgo County Tax Office Elsa Substation Tax Department Tax Assessor
-
Hidalgo County Justice of the Peace Precinct 5 Place 1 Jason Pena Government Office
-
Hidalgo County Constable Department County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$860k
Owner & transaction history
Plainscapital Bk · 9 yrs held
Plainscapital Bk
since 2016
7 recorded transactions
Zoning & alternative use
CO,RS · Elsa, 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 Elsa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elsa 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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,240,000
Current use
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$55 / 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
$37,453
Tax year 2022
Assessed value
$1,268,761
Assessed 2023
Previous assessed
$1,268,761
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$472,441
Assessed improvement
$796,320
Land market value
$472,441
Improvement market value
$796,320
Total market value
$1,268,761
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
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,750 SF
Lot
3.1 ac (134,984 SF)
Zoning code
CO,RS
APN
P7350-00-000-0015-00
UPID
US82-1609298
Jurisdiction
HIDALGO
Zoning & alternative use
CO,RS · Elsa, TX
Zoning CO,RS · permitted uses
CO,RS · Elsa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elsa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Plainscapital Bk
Individual
Mailing address
8160 E BAILEY WAY, ANAHEIM, CA 92808-2513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2017
—
Alamshaw Investments LLC
—
Deed
related
$115,000 · Transpecos Banks Ssb
Nov 8, 2016
—
Plainscapital Bk
First Natl Bk
Grant Deed
$840,000 · Lone Star National Bank
May 17, 2013
$1,271,976
Natl Bk First
Mccarthy M V
Trustees Deed
related
—
Mar 4, 2010
—
Logopedia Therapy Clinic INC
First Natl Bk
Grant Deed
$1,500,000 · First National Bank
Feb 8, 2010
$1,342,574
Natl Bk First
Mccarthy M V
Trustees Deed
related
—
Dec 17, 2008
—
Alarcon Group LLC
First National Bank
Grant Deed
$1,350,000 · First National Bank
Aug 15, 2008
$1,326,785
First National Bank
Mccarthy M V
Trustees Deed
related
—
May 8, 2008
—
Miguel A Rodriguez
First Boston Heat 2005-1
Grant Deed
related
—
Feb 18, 2005
—
Mastercrafters Const & Dev INC
—
Trustees Deed
related
$1,400,000 · First National Bank
Apr 16, 2004
—
Ventura Guerra
First National Bank
Grant Deed
$150,000 · First National Bank
Feb 18, 2004
—
Mastercrafters Const & Dev INC
First National Bank
Grant Deed
$1,400,000 · First National Bank
—
—
Alamshaw Investments LLC
—
Loan Modification
related
$115,000 · Transpecos Banks Ssb
—
—
Mastercrafters Const & Dev INC
—
Deed Of Trust
related
$1,400,000 · First National 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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