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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Warehouses
1500 Venture Dr Weslaco, TX 78599-2105
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-9803160
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2016
Total area
6,080 SF
Lot
0.73 ac (31,816 SF)
APN
M4011-04-000-0013-00
UPID
US82-9803160
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 Solar Power Systems LLC Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$615k
Owner & transaction history
Sesa Fleet Services LLC · 10 yrs held
Sesa Fleet Services LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$920,000
+98.5%
Auto repair, garage
$805,000
+73.5%
Retail stores
$725,000
+56.2%
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 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
$435,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$465,000
Current use
COMMERCIAL (GENERAL)
$920,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$805,000
Change: +73% · Conversion: Easy
RETAIL STORES
$725,000
Change: +56% · Conversion: Moderate
RESTAURANT
$710,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$635,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$435,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$101 / 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
$13,834
Tax year 2022
Assessed value
$540,457
Assessed 2023
Previous assessed
$540,457
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$232,271
Assessed improvement
$308,186
Land market value
$232,271
Improvement market value
$308,186
Total market value
$540,457
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2016
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,080 SF
Lot
0.73 ac (31,816 SF)
APN
M4011-04-000-0013-00
UPID
US82-9803160
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
WAREHOUSE, STORAGE Current
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$805,000
RETAIL STORES
Est. value
$725,000
RESTAURANT
Est. value
$710,000
MEDICAL BUILDING
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$435,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Sesa Fleet Services LLC
Entity
Mailing address
PO BOX 67, WESLACO, TX 78599-0067
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2016
—
Sesa Fleet Services LLC
Economic Dev Corp Of Weslaco
Grant Deed
$20,000 · Economic Dev Corp/weslaco
Feb 6, 2006
—
Economic Dev Corp Of Weslaco
Jjf Investments
Grant Deed
related
—
—
—
Economic Dev Corp Of Weslaco
—
Deed Of Trust
related
$250,000 · First 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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