Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1801 Shay Ln Edinburg, TX 78539
    Back to Search
    Property profile & analytics

    1801 Shay Ln, Edinburg, TX 78539

    View on Map
    • Motels
    • 21,159 SF
    • 1.45 lot acres
    Off-Market
    Property ID
    US82-1479467
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $895,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 1801 Shay Ln

    Year built
    1995
    Lot size
    1.45 lot acres
    Property type
    Motels
    APN
    C8900-00-000-0002-00
    APU
    C890000000000200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 16, 2019 — Jay Amrit Dev Ltd — Deed · related $1.6M · Vantage Bk Tx NA
    May 30, 2006 — Jay Amrit Development Ltd Wells Fargo Bank NA Special Warranty Deed —
    Aug 4, 2005 — Merrill Lynch Mtg Invtrs INC Medley Monty Trustees Deed —
    — — Jay Amrit Dev Ltd — Loan Modification · related —
    — — Jay Amrit Dev Ltd — Loan Modification · related $1.6M · Vantage Bk Tx NA
    — — Jay Amrit Dev Ltd — Loan Modification · related $1.4M · International Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $950,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $836,000
      Market price range: $502k - $891k

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $700,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1646
    Latitude
    26.2843
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $46,739
    $305,846
    $1,489,037
    $1,794,883
    -
    $305,846
    $1,489,037
    $1,794,883

    Comparable in this City

    • Value Estimation
      $565,000
      18,012 SF

      2207 Closner Blvd

      MOTEL
      2207 Closner Blvd, Edinburg, TX 78539
      View Details
    • Value Estimation by Request
      4,628 SF

      820 Closner Blvd

      MOTEL
      820 Closner Blvd, Edinburg, TX 78539-5644
      View Details
    • Value Estimation
      $580,000
      16,987 SF

      2006 Closner Blvd

      MOTEL
      2006 Closner Blvd, Edinburg, TX 78539-6318
      View Details
    • Value Estimation
      $560,000
      14,848 SF

      2737 Business Hwy 281

      MOTEL
      2737 Business Hwy 281, Edinburg, TX 78539-6202
      View Details
    • Value Estimation by Request
      6,644 SF

      820 12th Ave

      MOTEL
      820 12th Ave, Edinburg, TX 78539
      View Details
    • Value Estimation by Request
      7,792 SF

      801 Closner Blvd

      MOTEL
      801 Closner Blvd, Edinburg, TX 78539-5655
      View Details

    Similar Nearby for Sale

    • $349,000

      Edinburg 4-Plex Investment Opportunity

      Four-unit apartment building, great location, high occupancy.
      1902 Jason Ave, Edinburg, TX 78539
      View Details
    • $765,000
      2,132 SF

      Edinburg Commercial Property - 2 Acres

      High-traffic location, workshop, 3/1 home. Great investment!
      3320 University Dr, Edinburg, TX 78539
      View Details
    • Contact for pricing
      3,966 SF

      Edinburg Commercial Property For Sale

      Commercial property in Edinburg with high traffic exposure.
      506 W University Dr, Edinburg, TX 78539
      View Details
    • $275,000
      0.37 Acres

      Edinburg Corner Lot Opportunity

      Prime corner lot near UTRGV with rezoning potential.
      513 S 4Th Ave, Edinburg, TX 78539
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      3,038 SF

      Prime Weslaco Office Space

      Spacious shell office, ample parking.
      505 Angelita Dr, Edinburg, TX 78539
      View Details
    • $1.00 SF/Yr

      Commercial Land Perfect for QSR

      Commercial land available for rent, perfect for QSR.
      524 W University Dr, Edinburg, TX 78539
      View Details
    • Contact for pricing
      1,100 SF

      Edinburg Retail Space For Lease

      30,030 SF shopping center with high traffic volume.
      4013-4029 S Mccoll Rd, Edinburg, TX 78539
      View Details
    • Contact for pricing
      1,638 SF

      Edinburg Retail Space For Lease

      Freestanding retail space near UTRGV and Walmart available for lease.
      1709 W University Dr, Edinburg, TX 78539
      View Details
    • $28 SF/Yr
      1,858 SF

      Edinburg Commercial Land Opportunity

      Prime Edinburg location, renovated office suite.
      216 Cano St, Edinburg, TX 78539
      View Details
    • $24 SF/Yr
      14,386 SF

      Owassa Lake Office Park Investment

      Prime Edinburg Office Space, Flexible Layout
      505 Owassa Rd, Edinburg, TX 78539
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1801 Shay Ln
    Edinburg, TX 78539
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1801 Shay Ln, Edinburg, TX, 78539
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!