Individually Owned
No photos on file
For Sale
Contact for pricing
7209 N Mile 6 W, Weslaco, TX 78599
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Property summary
AI-generated overview
The property is an approximately 8.25-acre tract located on the hard corner of Mile 12 and Mile 6 (Westgate) in North Weslaco, Texas, at the southwest side of the intersection. It includes a large bar/tavern building with more than 3,900 square feet of restaurant/bar space and an outdoor area configured for gathering and events. The acreage also contains a horse stable and a 1,600-square-foot two-story residence with 3 bedrooms and 2 bathrooms, along with additional yard area. The site’s westward frontage on Mile 12 places it near gated residential subdivisions and nearby commercial development, and the overall configuration supports a range of uses including operation as a restaurant/bar or redevelopment for residential or apartment uses.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2005
Total area
3,942 SF
Lot
8.25 ac (359,396 SF)
Zoning code
RS
APN
P4407-00-000-0001-00
UPID
US82-7041486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nightclub DJ & Entertainment
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Zoning & alternative use
RS · Weslaco, TX
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$315k
Value range
$284k – $347k
±10% around blend
Estimated value / SF
$80 / SF
Confidence
Property data
100
Comparable evidence
60
$284k
blend $315k
$347k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,942 SF
Lot area
8.25 ac
Year built
2005
Stories
1
APN
P4407-00-000-0001-00
Zoning
RS
Assessed value
$429,724
Annual tax
$7,126
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$315k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$430k
Move the market yield to see immediate price impact.
Value / SF
$109
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$27k
$541k
$387k
$301k
$30k
$602k
$430k
$334k
$33k
$662k
$473k
$368k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,126
Tax year 2022
Assessed value
$429,724
Assessed 2023
Previous assessed
$429,724
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$270,267
Assessed improvement
$194,878
Land market value
$270,267
Improvement market value
$194,878
Total market value
$465,145
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
For Sale
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
2
Total area
3,942 SF
Lot
8.25 ac (359,396 SF)
Zoning code
RS
APN
P4407-00-000-0001-00
UPID
US82-7041486
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Weslaco, TXZoning RS · permitted uses
RS · Weslaco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
8.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RS
Jurisdiction
Weslaco, TX
Recorded code
RS
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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