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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Motels
300 Expy 83 Mcallen, TX 78503-1608
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-3658910
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1991
Total area
38,925 SF
Lot
3.01 ac (130,907 SF)
Zoning code
CO
APN
H0170-00-000-000A-00
UPID
US82-3658910
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
-
Drury Inn & Suites McAllen Hotel & Motel
-
ATM Atm
-
Best Western Mcallen Medical Center Hotel & Motel
-
Toucan Lounge Bar & Pub
-
Pear Tree Inn McAllen Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.29M
Owner & transaction history
Hgp Corp · 9 yrs held
Hgp Corp
since 2016
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
$1,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,080,000
Current use
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±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
$33 / 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
$96,016
Tax year 2022
Assessed value
$4,600,000
Assessed 2023
Previous assessed
$4,600,000
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,754,167
Assessed improvement
$2,845,833
Land market value
$1,754,167
Improvement market value
$2,845,833
Total market value
$4,600,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1991
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
92
Bathrooms
4
Total area
38,925 SF
Lot
3.01 ac (130,907 SF)
Zoning code
CO
APN
H0170-00-000-000A-00
UPID
US82-3658910
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
$1.1M
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
1991
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
92
Bathrooms
4
Lot
3.01 ac
Current owner
From public records · entity-resolved
Hgp Corp
Entity
Mailing address
300 E EXPY 83, MCALLEN, TX 78503-1608
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2016
—
Hgp Corp
—
Deed
related
$8,175,000 · International Bk/commerce
Jul 31, 2014
—
Hgp-san Antonio Corp
—
Loan Modification
related
$22,000,000 · International Bk/commerce
Apr 1, 2011
—
Hgp-austin Corp
—
Deed Of Trust
related
$6,500,000 · International Bank Of Commerce
—
—
Hgp-san Antonio Corp
—
Loan Modification
related
$22,000,000 · International Bk/commerce
—
—
Hgp-austin Corp
—
Deed Of Trust
related
$6,500,000 · International Bank Of Commerce
—
—
Hgp Corp
—
Deed Of Trust
related
$8,175,000 · International Bk/commerce
—
—
Hgp Corp
—
Deed Of Trust
related
$22,000,000 · International Bk/commerce
—
—
Hgp-austin Corp
—
Deed Of Trust
related
$6,500,000 · International Bank Of Commerce
—
—
Hgp Corp
—
Deed Of Trust
related
$3,500,000 · International Bank Of Commerce
—
—
Hgp-austin Corp
—
Deed Of Trust
related
$6,500,000 · International Bank Of Commerce
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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