7501 N 10Th St McAllen, TX 78504
Property Lookup
Property profile & analytics
7501 N 10Th St McAllen, TX 78504
- Strip malls
- 12,325 SF
- 1.57 lot acres
Property ID
US82-5282224
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Suman Kondragunta / Dental Office
- Chao Teng / Dental Office
- La Estacion Bakery / Bakery / Specialty Food Shop
- Valencia Marketplace / Shopping Center & Mall
- Carfix Electric service / Auto Repair Shop / Vehicle Inspection Center
Property Details for 7501 N 10Th St
- Year built
- 2014
- Lot size
- 1.57 lot acres
- Property size
- 12,325 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- P7400-1A-000-003A-00
- APU
- P74001A000003A00
Description
This exceptional 12,224 square-foot shopping center in McAllen, Texas, presents a compelling investment opportunity. Boasting a 6.75% cap rate and a 100% occupancy rate, the property features four tenants on triple-net (NNN) leases, minimizing landlord responsibilities. The diverse tenant mix includes internet-resistant and service-oriented businesses such as a bakery, nail salon, restaurant, and dental practice. Situated on a 1.57-acre lot, the center benefits from ample parking and a double-sided monument sign on North 10th Street, ensuring high visibility. Its prime location near the intersection of North 10th Street and Trenton Road, a high-traffic area with over 50,736 vehicles daily, provides excellent accessibility. The property enjoys a shadow anchor position next to a top-performing Sam's Club, further enhancing its appeal. The surrounding area is densely populated, with over 233,916 residents within a five-mile radius and strong average household incomes exceeding $94,660 within one mile. Numerous national and regional retailers are nearby, creating a vibrant retail environment. Built in 2014, this stabilized asset offers a secure and profitable investment with significant upside potential. The asking price is $5,506,000, translating to $450.43 per square foot. The property's strong performance, prime location, and diverse tenant base make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,583,000
Market price range: $706k - $1.58M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,180,000 Current use
- AUTO REPAIR, GARAGE
- $1,710,000 Change: +45% Conversion: Difficult
- OFFICE BUILDING
- $1,425,000 Change: +21% Conversion: Moderate
- MEDICAL BUILDING
- $1,205,000 Change: +2% Conversion: Difficult
- RESTAURANT
- $1,175,000 Change: -0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2192
- Latitude
- 26.2712
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$45,675
$1,370,448
$913,302
$2,283,750
-
$1,370,448
$913,302
$2,283,750
