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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Warehouses
1201 Hackberry Ave Mcallen, TX 78501-5704
Entity Owned
16-yr Hold
Free & Clear
Property ID
US82-3535317
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
13,680 SF
Lot
4.28 ac (186,511 SF)
Zoning code
RS
APN
M1120-00-001-0001-00
UPID
US82-3535317
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$730k
Owner & transaction history
Texan Real Estate Sales Co · 16 yrs held
Texan Real Estate Sales Co
since 2009
6 recorded transactions
Zoning & alternative use
RS · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$755,000
+24.0%
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
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$53 / 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
$58,210
Tax year 2022
Assessed value
$2,788,750
Assessed 2023
Previous assessed
$2,788,750
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,398,825
Assessed improvement
$1,389,925
Land market value
$1,398,825
Improvement market value
$1,389,925
Total market value
$2,788,750
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Rooms
20
Bathrooms
2
Total area
13,680 SF
Lot
4.28 ac (186,511 SF)
Zoning code
RS
APN
M1120-00-001-0001-00
UPID
US82-3535317
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mcallen, TX
Zoning RS · permitted uses
RS · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcallen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$610,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Rooms
20
Bathrooms
2
Lot
4.28 ac
Current owner
From public records · entity-resolved
Texan Real Estate Sales Co
Entity
Free & Clear · 16 yrs held
Mailing address
1128 PECAN BLVD, MCALLEN, TX 78501-4348
Ownership since
2009
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
Dec 17, 2009
—
Texan Real Estate Sales Co
—
Deed Of Trust
related
$1,800,000 · Frost National Bank
Dec 11, 2009
—
Texan Real Estate Sales Co
Moffitt,james M & Mary K
Warranty Deed
—
Dec 31, 2007
—
James M Moffitt
Klm Properties
Warranty Deed
related
—
—
—
Texan Real Estate Sales Co
—
Deed Of Trust
related
$1,075,000 · First St Bk & Tr Co Msn Texas
—
—
Texan Real Estate Sales Co
—
Deed Of Trust
related
$1,025,000 · Frost Bank
—
—
Texan Real Estate Sales Co
—
Loan Modification
related
$2,073,572 · Frost 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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