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Property profile & analytics
OFF-MARKET
Estimated value
$22,555,000
Hospitals
1401 8th St Weslaco, TX 78596-6640
Individually Owned
9-yr Hold
Free & Clear
Property ID
US82-2915782
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1989
Total area
177,445 SF
Lot
13.97 ac (608,533 SF)
APN
W3800-00-692-0000-01
UPID
US82-2915782
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
-
Knapp Medical Center | Weslaco, TX Medical Clinic
-
Knapp Medical Center: Emergency Room Hospital
-
Knapp Medical Center: Bauer Andrew W MD Physician Medical Clinic
-
Knapp Medical Center: Achanta Venkatasubb MD Physician
-
Dr. Allan Kapilivsky, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$25.93M
Blend (final)
Blend
$22.56M
Owner & transaction history
Knapp Medical Center · 9 yrs held
Knapp Medical Center
since 2017
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$23.4M
+23.4%
Auto repair, garage
$23.2M
+22.4%
Office building
$22.0M
+16.3%
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 Weslaco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weslaco 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
MEDICAL BUILDING
$18,925,000
Current use
RESTAURANT
$23,360,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,160,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$22,010,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$21,650,000
Change: +14% · Conversion: Easy
RETAIL STORES
$19,840,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$22.56M
Range $20.30M – $24.81M · ±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
$127 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$42,632,695
Assessed 2023
Previous assessed
$42,632,695
+0.0% YoY
Assessed land
$1,217,066
Assessed improvement
$41,415,629
Land market value
$1,217,066
Improvement market value
$41,415,629
Total market value
$42,632,695
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1989
Heating
CENTRAL
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
177,445 SF
Lot
13.97 ac (608,533 SF)
APN
W3800-00-692-0000-01
UPID
US82-2915782
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
MEDICAL BUILDING Current
Est. value
$18.9M
RESTAURANT
Est. value
$23.4M
AUTO REPAIR, GARAGE
Est. value
$23.2M
OFFICE BUILDING
Est. value
$22.0M
COMMERCIAL (GENERAL)
Est. value
$21.7M
RETAIL STORES
Est. value
$19.8M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Lot
13.97 ac
Current owner
From public records · entity-resolved
Knapp Medical Center
Individual
Free & Clear · 9 yrs held
Mailing address
3480 E GUASTI RD, ONTARIO, CA 91761-7684
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2017
—
Knapp Medical Center
—
Deed
related
—
—
—
Knapp Medical Center
—
Deed Of Trust
related
—
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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