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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Warehouses
2801 Galveston Ave Mcallen, TX 78501-7760
Entity Owned
~
Est. High Equity
Property ID
US82-4064748
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
155,547 SF
Lot
9.21 ac (401,100 SF)
Zoning code
RS
APN
F5400-00-000-000C-00
UPID
US82-4064748
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
-
B H Properties Real Estate Agency
-
Tex-Mex Recycling Recycling Center Waste Management Facility
-
TMR Services LLC Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.77M
Owner & transaction history
El Rojo Grande Real Estate Holdings
El Rojo Grande Real Estate Holdings
since 2026
5 recorded transactions
Zoning & alternative use
RS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$24 / 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
$114,644
Tax year 2022
Assessed value
$5,732,207
Assessed 2023
Previous assessed
$5,732,207
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$3,208,800
Assessed improvement
$2,523,407
Land market value
$3,208,800
Improvement market value
$2,523,407
Total market value
$5,732,207
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
16
Total area
155,547 SF
Lot
9.21 ac (401,100 SF)
Zoning code
RS
APN
F5400-00-000-000C-00
UPID
US82-4064748
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mcallen, TX
Zoning RS · permitted uses
RS · 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.
Building & site characteristics
From public records
Year built
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
16
Lot
9.21 ac
Current owner
From public records · entity-resolved
El Rojo Grande Real Estate Holdings
Entity
Mailing address
2801 GALVESTON AVE, MCALLEN, TX 78501-7760
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
El Rojo Grande Real Estate Holdings
Darren Wiggins
Deed
$760,000 · Vantage Bank Texas
Jun 9, 2023
—
El Rojo Grande Real Estate Holdings
—
Deed
related
$60,560,000 · Vantage Bank Texas
Oct 23, 2018
—
El Rojo Grande Real Estate Holdings
Bh Investments LLC
Venders Lien
$4,761,000 · Plainscapital Bank
Sep 23, 2016
—
Bh Investments LLC
—
Deed
related
$265,000,000 · Wells Fargo Bank NA
Jul 21, 2006
—
Bh Investments LLC
Vf Intimates
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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