Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2408 Quamasia Ave Mcallen, TX 78504-4506

    • Warehouses
    • 2,680 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2168942
    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.

    Current Use by Public Records

    • Mobile Home Ranch / Mobile Home Dealer

    Property Details for 2408 Quamasia Ave

    Year built
    1975
    Lot size
    0.18 lot acres
    Property size
    2,680 SF
    Property type
    Warehouses
    APN
    B3050-00-000-0009-00
    APU
    B305000000000900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mcallen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2404
    Latitude
    26.2447
    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
    $1,225
    $32,760
    $28,466
    $61,226
    -
    $32,760
    $28,466
    $61,226

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      2320 Quamasia Ave

      WAREHOUSE, STORAGE • 2,880 SF
      2320 Quamasia Ave, Mcallen, TX 78504-4501
      View Details
    • Value Estimation
      $3,315,000
      47,499 SF

      2100 Trophy Dr

      WAREHOUSE, STORAGE • 47,499 SF
      2100 Trophy Dr, Mcallen, TX 78504-6832
      View Details
    • Value Estimation by Request
      4,000 SF

      10313 Ware Rd

      WAREHOUSE, STORAGE • 4,000 SF
      10313 Ware Rd, Mcallen, TX 78504-8828
      View Details
    • Value Estimation
      $780,000
      7,384 SF

      2720 Zinnia Ave

      WAREHOUSE, STORAGE • 7,384 SF
      2720 Zinnia Ave, Mcallen, TX 78504-4877
      View Details
    • Value Estimation
      $565,000
      6,240 SF

      8060 Hwy 107

      WAREHOUSE, STORAGE • 6,240 SF
      8060 Hwy 107, Mcallen, TX 78504
      View Details
    • Value Estimation by Request
      8,000 SF

      3911 State Hwy 107 Hwy

      Distribution properties • 8,000 SF
      3911 State Hwy 107 Hwy, McAllen, TX 78504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      119,400 SF

      McAllen Industrial Subdivision Land

      Industrial land for sale in McAllen NW Industrial Subdivision.
      2100 Trophy Dr, McAllen, TX 78504
      View Details
    • $1,750,000
      19,800 SF

      Income-Producing Warehouses with Renovated Home

      2.81 acres with warehouses, residence, and income potential.
      10701 N Ware Rd, McAllen, TX 78504
      View Details
    • $1,750,000
      2.81 Acres

      McAllen Industrial Property - $1.75M

      2.8 Acres, Warehouses, & Home
      10701 Ware Rd, McAllen, TX 78504
      View Details
    • $750,000
      3.29 Acres

      McAllen Industrial Warehouse - $750K

      Prime McAllen location, 4,136 sq ft warehouse.
      3921 Buddy Owens Ave, McAllen, TX 78504
      View Details
    • $13,100,000
      88,970 SF

      Tilt Wall Building For Sale

      First-class tilt wall building with office and production space.
      1400 East Nolana Ave, McAllen, TX 78504
      View Details
    • $3,400,000
      13.92 Acres

      McAllen Commercial Land - 13.92 Acres

      Prime McAllen development land, C-3 & R-3T zoning.
      0 10Th St, McAllen, TX 78504
      View Details

    Similar Nearby for Lease

    • $31 SF/Yr
      1,610 SF

      McAllen Retail Space - 7001 N 10th

      Prime McAllen retail space, high traffic location.
      7001 10Th St, McAllen, TX 78504
      View Details
    • $24 SF/Yr
      390 SF

      Nolana Avenue Executive Office Suite

      McAllen Office Space - All-Inclusive Lease
      315 Nolana Ave, McAllen, TX 78504
      View Details
    • Contact for pricing
      265,566 SF

      Trenton Crossing Retail Space

      McAllen retail center, multiple suites available.
      10th St. & Trenton Rd, McAllen, TX 78504
      View Details
    • $0.47 SF/Yr
      53,651 SF

      McAllen Executive Office Space

      Prime Office, 2100 sq ft, 7 Parking
      5401 10Th St, McAllen, TX 78504
      View Details
    • $0.11 SF/Yr
      53,651 SF

      McAllen Executive Office Space

      Prime McAllen Office, 53,651 sq ft
      5401 10Th St, McAllen, TX 78504
      View Details
    • Contact for pricing
      3,120 SF

      Northcross Shopping Center Retail Space

      Retail spaces available in Northcross Shopping Center, McAllen, Texas.
      4001-4135 N 10Th St, McAllen, TX 78504
      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.
    2408 Quamasia Ave
    Mcallen, TX 78504-4506
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.