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Property profile & analytics
OFF-MARKET
Strip malls
833 Ware Rd Mcallen, TX 78501-6614
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2256266
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Total area
6,600 SF
Lot
0.47 ac (20,290 SF)
Zoning code
CO
APN
V3470-01-000-0001-00
UPID
US82-2256266
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
-
Rose Properties Property Management Company
-
Reliance Realtor Real Estate Agency
-
Rebecca Vallejo, Realtor at Keller Williams Realty RGV Real Estate Agency
-
Linda Garza Group Real Estate Agency
-
Crystal Rios, Commerce Realty, LLC Real Estate Agency
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
833 N Ware Rd LLC · 4 yrs held
833 N Ware Rd LLC
since 2021
6 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
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
$11,269
Tax year 2022
Assessed value
$563,460
Assessed 2023
Previous assessed
$563,460
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$223,201
Assessed improvement
$340,259
Land market value
$223,201
Improvement market value
$340,259
Total market value
$563,460
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
2000
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
14
Bathrooms
2
Total area
6,600 SF
Lot
0.47 ac (20,290 SF)
Zoning code
CO
APN
V3470-01-000-0001-00
UPID
US82-2256266
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TXZoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
revised UDC
Building & site characteristics
From public records
Year built
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
14
Bathrooms
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
833 N Ware Rd LLC
Entity
Mailing address
833 N WARE RD, MCALLEN, TX 78501-6614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
—
833 N Ware Rd LLC
Gox International LLC
Venders Lien
$452,000 · Falcon International Bank
Jul 8, 2010
—
Gox International LLC
Menchaca,raul A M
Warranty Deed
—
Dec 22, 2009
—
Raul A M Menchaca
Toombs,walter & Joyce
Warranty Deed
—
Nov 2, 2007
—
Walter Toombs
—
Trustees Deed
related
$611,152 · Inter National Bank
Aug 1, 2006
—
Walter Toombs
Barboza,miguel L JR
Warranty Deed
$235,000 · Inter National Bank
—
—
Miguel L Barboza JR.
—
Deed Of Trust
related
$149,900 · Texas State Bank Mcallen
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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