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    Property profile & analytics

    2901 23rd St Mcallen, TX 78503-5673

    • Office buildings
    • 824 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US82-3139775
    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

    • Rent-A-Center / Furniture Store / Appliance Store
    • Watermill Express / Bottled Water Supplier / Drinking Water Fountain
    • Oportun / Financial Institution / Loan Agency
    • OneMain Financial / Loan Agency

    Property Details for 2901 23rd St

    Year built
    1998
    Lot size
    0.27 lot acres
    Property size
    824 SF
    Property type
    Office buildings
    APN
    C2200-00-002-0001-00
    APU
    C220000002000100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $420,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $370,000
      Mixed-Use
      $420,000
      Hospitality
      $460,000
      Educational
      $445,000
      Residential Income
      $330,000
      Energy
      $425,000
      Income-Based Land
      $405,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Mcallen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2491
    Latitude
    26.1787
    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
    $3,161
    $111,513
    $46,552
    $158,065
    -
    $111,513
    $46,552
    $158,065

    Comparable in this City

    • Value Estimation by Request
      1,785 SF

      600 Sunset Dr

      OFFICE BUILDING • 1,785 SF
      600 Sunset Dr, Mcallen, TX 78503-3146
      View Details
    • Value Estimation by Request
      5,290 SF

      Olga Ave

      OFFICE BUILDING • 5,290 SF
      Olga Ave, Mcallen, TX 78503
      View Details
    • Value Estimation
      $515,000
      441 SF

      29th

      OFFICE BUILDING • 441 SF
      29th, Mcallen, TX 78503
      View Details
    • Value Estimation
      $455,000
      960 SF

      1701 Expy 83

      OFFICE BUILDING • 960 SF
      1701 Expy 83, Mcallen, TX 78503-5601
      View Details
    • Value Estimation
      $490,000
      3,360 SF

      2010 Cynthia St Ste, Unit 101

      OFFICE BUILDING • 3,360 SF
      2010 Cynthia St Ste, Mcallen, TX 78503-1387
      View Details
    • Value Estimation
      $345,000
      1,936 SF

      2101 Military Hwy Ofc N1

      OFFICE BUILDING • 1,936 SF
      2101 Military Hwy Ofc N1, Mcallen, TX 78503-5706
      View Details

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    Similar Nearby for Lease

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      Executive Suites, Great Location, 1440 sq ft
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    • $18 SF/Yr
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      Medical Office Space in McAllen

      Medical office space for rent in the medical district.
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      View Details
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    2901 23rd St
    Mcallen, TX 78503-5673
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    Realmo Value Estimation

    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.

    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.

    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
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