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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Retail space
901 10th St Ste 100 Mcallen, TX 78501-5071
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2280130
Property summary
AI-generated overview
This exceptional retail property, known as Central Marketplace, is located at 901 S 10th St, McAllen, TX 78501, and offers a fantastic opportunity for businesses seeking a vibrant location in a thriving market. The single-story building, constructed in 1965 and renovated in 2011, boasts a total of 102,231 square feet and comprises 11 suites. Currently, 8,884 square feet of retail space is available for lease, with individual suites ranging from a minimum of 2,355 square feet to a maximum contiguous space of 3,529 square feet. The property sits on a generous 8.99 acres of land and features ample parking with a ratio of 1.00 space per 1,000 square feet. The building is classified as Class B and is zoned CO. Conveniently located near Jackson Ave, this property benefits from excellent visibility and accessibility. While there are no elevators, the single-story design ensures easy navigation. The property's building floor area ratio (FAR) is 0.23. The property's APN is F0300-02-000-00A1-00. This is an ideal location for a variety of retail businesses seeking a well-established and easily accessible space in McAllen, Texas.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
11,105 SF
Lot
0.91 ac (39,814 SF)
APN
F0300-02-000-00A3-00
UPID
US82-2280130
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
-
Rgv laboratorio Laboratory
-
Siempre Natural 'South 10th' Restaurant
-
Barri Office Bank Credit Union
-
Pollo Pollo Restaurant Take-out & Catering
-
Outpatient Laboratory - South McAllen Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.56M
Owner & transaction history
Vannie Cook Trust No 1 · 8 yrs held
Vannie Cook Trust No 1
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+42.2%
Commercial (general)
$1.2M
+15.3%
Restaurant
$1.2M
+14.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,080,000
Current use
AUTO REPAIR, GARAGE
$1,535,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: +15% · Conversion: Easy
RESTAURANT
$1,230,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$1,175,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$1,080,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$140 / 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
$28,639
Tax year 2022
Assessed value
$1,431,968
Assessed 2023
Previous assessed
$1,431,968
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$664,894
Assessed improvement
$767,074
Land market value
$664,894
Improvement market value
$767,074
Total market value
$1,431,968
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,105 SF
Lot
0.91 ac (39,814 SF)
APN
F0300-02-000-00A3-00
UPID
US82-2280130
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
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
2010
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Vannie Cook Trust No 1
Trust
Free & Clear · 8 yrs held
Mailing address
900 E LAKEVIEW DR, MCALLEN, TX 78501-5723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2018
—
Vannie Cook Trust No 1
Jackson-houston East Ltd
Grant Deed
related
—
Jul 20, 2006
—
Jackson-houston East Ltd
Cook Vannie Trusts
Grant Deed
related
—
—
—
Jackson-houston East Ltd
—
Deed Of Trust
related
$5,000,000 · International Bk
—
—
Shamrock Adventure Lxxxi Ltd
—
Deed Of Trust
related
$2,000,000 · Amegy Bk
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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