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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Grocery and convenience stores
Mission, TX 78573
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-7332325
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Total area
4,988 SF
Lot
1.21 ac (52,546 SF)
Zoning code
CO
APN
T0941-09-004-0011-00
UPID
US82-7332325
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$695k
Owner & transaction history
Mission Plaza LLC · 4 yrs held
Mission Plaza LLC
since 2022
7 recorded transactions
Zoning & alternative use
CO · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+247.3%
Retail stores
$740,000
+145.4%
Auto repair, garage
$705,000
+132.9%
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 Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission 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
OFFICE BUILDING
$1,050,000
Change: +247% · Conversion: Moderate
RETAIL STORES
$740,000
Change: +145% · Conversion: Easy
AUTO REPAIR, GARAGE
$705,000
Change: +133% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +118% · Conversion: Easy
WAREHOUSE, STORAGE
$545,000
Change: +80% · Conversion: Difficult
MEDICAL BUILDING
$495,000
Change: +64% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$139 / 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
$17,154
Tax year 2022
Assessed value
$634,505
Assessed 2023
Previous assessed
$634,505
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$278,489
Assessed improvement
$356,016
Land market value
$278,489
Improvement market value
$356,016
Total market value
$634,505
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,988 SF
Lot
1.21 ac (52,546 SF)
Zoning code
CO
APN
T0941-09-004-0011-00
UPID
US82-7332325
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mission, TX
Zoning CO · permitted uses
CO · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$660,000
WAREHOUSE, STORAGE
Est. value
$545,000
MEDICAL BUILDING
Est. value
$495,000
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Mission Plaza LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3200 HACKBERRY RD, IRVING, TX 75063-0131
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
Mission Plaza LLC
Vaquero Mission Tx Partners LP
Special Warranty Deed
—
Dec 2, 2019
—
Leos Drive In LP
—
Deed
related
$1,300,000 · Vantage Bk
Jul 25, 2019
—
Leos Drive-in LP
—
Deed
related
$1,300,000 · Vantage Bk Tx NA
Jan 17, 2019
—
Leos Drive In LP
—
Deed
related
$1,300,000 · Vantage Bk Tx NA
Dec 14, 2017
—
Leos Drive-in LP
—
Deed
related
$640,488 · International Bk
Jul 14, 2017
—
Leos Drive-in Ltd Pertnership
—
Deed
related
—
Nov 1, 2016
—
Leos Drive-in LP
—
Deed
related
$593,576 · International Bk
May 21, 2004
—
Leos Drive-in
Leo J JR
Quit Claim Deed
related
$1,300,000 · International Bk
Mar 2, 2004
—
Leo J Leo JR.
—
Trustees Deed
related
$230,000 · Inter National Bank
—
—
Leos Drive-in LP
—
Loan Modification
related
$1,300,000 · Inter National Bank
—
—
Leos Drive In LP
—
Loan Modification
related
$1,300,000 · Vantage Bk Tx NA
—
—
Leos Drive In LP
—
Loan Modification
related
$1,300,000 · Vantage Bk
—
—
Leos Drive-in LP
—
Loan Modification
related
$1,300,000 · Vantage Bk Tx NA
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$593,576 · International Bk
—
—
Leos Drive-in Ltd Pertnership
—
Deed Of Trust
related
—
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$640,488 · International Bk
—
—
Leos Drive-in LP
—
Deed Of Trust
related
$1,115,244 · Inter 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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