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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Hotels
220 Expy 83 Mcallen, TX 78501-2951
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-3296132
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
FRAME
Total area
51,632 SF
Lot
2.04 ac (88,666 SF)
Zoning code
CO
APN
B2637-00-000-0002-00
UPID
US82-3296132
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
-
Residence Inn McAllen Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.46M
Owner & transaction history
Eh Mcallen LLC · 11 yrs held
Eh Mcallen LLC
since 2015
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,470,000
Current use
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$28 / 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
$167,000
Tax year 2022
Assessed value
$8,350,000
Assessed 2023
Previous assessed
$8,350,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$709,320
Assessed improvement
$7,640,680
Land market value
$709,320
Improvement market value
$7,640,680
Total market value
$8,350,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
78
Bathrooms
4
Total area
51,632 SF
Lot
2.04 ac (88,666 SF)
Zoning code
CO
APN
B2637-00-000-0002-00
UPID
US82-3296132
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
HOTEL/MOTEL Current
Est. value
$1.5M
HOTEL/MOTEL Current
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
1998
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
78
Bathrooms
4
Lot
2.04 ac
Current owner
From public records · entity-resolved
Eh Mcallen LLC
Entity
Mailing address
5005 LYNDON B JOHNSON FWY STE #1200, DALLAS, TX 75244-6150
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2020
—
Eh Mcallen LLC
—
Deed
related
—
Mar 9, 2020
—
Eh Mcallen LLC
—
Deed
related
$5,000,000 · Western Alliance Bk
Apr 22, 2019
—
Eh Mcallen LLC
—
Deed
related
—
Jul 26, 2018
—
Eh Mcallen LLC
—
Deed
related
—
Feb 18, 2015
—
Eh Mcallen LLC
Leeward Strategic Props INC
Grant Deed
$6,500,000 · General Elec Cap
Apr 2, 2013
—
Leeward Strategic Props INC
W2007 Brv Realty LP
Grant Deed
—
Aug 17, 2007
—
W2007 Brv Realty
Encore Mcallen Ri
Grant Deed
—
Jan 30, 2006
—
Encore Mcallen Ri LP
Berkshire Ri Investments LP
Special Warranty Deed
—
—
—
Eh Mcallen LLC
—
Loan Modification
related
—
—
—
Eh Mcallen LLC
—
Loan Modification
related
$5,000,000 · Western Alliance Bk
—
—
Eh Mcallen LLC
—
Loan Modification
related
—
—
—
Eh Mcallen LLC
—
Loan Modification
related
—
—
—
W2007 Brv Realty
—
Deed Of Trust
related
$265,000,000 · General Electric Capital Corp
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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