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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Investment properties
121 Quamasia Ave Mcallen, TX 78504-2626
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US82-1043083
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2003
Total area
5,170 SF
Lot
4.75 ac (207,001 SF)
Zoning code
CO
APN
T6400-03-000-000A-00
UPID
US82-1043083
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
-
Villas De Nolana Apartment Complex
-
ZekeBakes Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$975k
Owner & transaction history
Villas De Nolana Apartments LLC · 2 yrs held
Villas De Nolana Apartments LLC
since 2024
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$715,000
+75.2%
Office building
$600,000
+46.2%
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
$725,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$715,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$600,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$189 / 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
$171,000
Tax year 2022
Assessed value
$8,550,000
Assessed 2023
Previous assessed
$8,550,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,324,800
Assessed improvement
$7,225,200
Land market value
$1,324,800
Improvement market value
$7,225,200
Total market value
$8,550,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Buildings
13
Stories
1
Units
120
Total area
5,170 SF
Lot
4.75 ac (207,001 SF)
Zoning code
CO
APN
T6400-03-000-000A-00
UPID
US82-1043083
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TX
Zoning CO · permitted uses
CO · 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
AUTO REPAIR, GARAGE
Est. value
$715,000
OFFICE BUILDING
Est. value
$600,000
AUTO REPAIR, GARAGE
OFFICE 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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
13
Units
120
Lot
4.75 ac
Current owner
From public records · entity-resolved
Villas De Nolana Apartments LLC
Entity
Mailing address
1801 S LA CIENEGA BLVD STE #301, LOS ANGELES, CA 90035-4658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
—
Villas De Nolana Apartments LLC
Catalyst Nolana LLC
Intrafamily Transfer
related
$4,662,000 · Arbor Commercial Funding LLC
Aug 15, 2014
—
Catalyst Nolana LLC
Apartment Investors LLC
Grant Deed
$6,900,000 · Ladder Cap Fin
Nov 10, 2005
—
Apartment Investors LLC
—
Trustees Deed
related
$6,300,000 · Texas State Bank
Jun 20, 2005
—
Apartment Investors LLC
—
Trustees Deed
related
$6,300,000 · Texas State Bank
Dec 13, 2004
—
Apartment Investors LLC
—
Trustees Deed
related
$350,000 · Texas State Bank Mcallen
Aug 10, 2004
—
Apartment Investors LLC
—
Trustees Deed
related
$6,300,000 · Texas State Bank
—
—
Apartment Investors LLC
—
Deed Of Trust
related
$7,000,000 · Cibc INC
—
—
Apartment Investors LLC
—
Deed Of Trust
related
$7,000,000 · Cibc INC
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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