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Property profile & analytics
OFF-MARKET
Estimated value
$18,445,000
Hospitals
301 Expy 83 Mcallen, TX 78503-3045
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2106041
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1988
Total area
98,939 SF
Lot
18.66 ac (812,886 SF)
Zoning code
CO
APN
M2240-00-000-0001-00
UPID
US82-2106041
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
-
Solara Specialty Hospitals McAllen Hospital
-
General Hospital Hospital
-
Dr. Oscar E. Mendez, MD Physician
-
Mc Allen Medical Center: Turlapati Krishna M MD Pediatrician Medical Clinic
-
Mc Allen Medical Center: Picou Keith MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.73M
Comparable Approach
Comparable
$17.16M
Blend (final)
Blend
$18.45M
Owner & transaction history
Judco INC · 5 yrs held
Judco INC
since 2021
3 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$25.4M
+120.7%
Auto repair, garage
$19.4M
+68.1%
Warehouse, storage
$11.7M
+1.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$21,370,000
6.5%
$19,725,000
7%
$18,320,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,525,000
Current use
OFFICE BUILDING
$25,430,000
Change: +121% · Conversion: Easy
AUTO REPAIR, GARAGE
$19,365,000
Change: +68% · Conversion: Difficult
WAREHOUSE, STORAGE
$11,685,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,300,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$18.45M
Range $16.60M – $20.29M · ±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
$186 / 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
$965,001
Tax year 2022
Assessed value
$48,250,030
Assessed 2023
Previous assessed
$48,250,030
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$9,998,486
Assessed improvement
$38,251,544
Land market value
$9,998,486
Improvement market value
$38,251,544
Total market value
$48,250,030
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1988
Heating
CENTRAL
Cooling
CENTRAL
Buildings
9
Stories
1
Total area
98,939 SF
Lot
18.66 ac (812,886 SF)
Zoning code
CO
APN
M2240-00-000-0001-00
UPID
US82-2106041
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
MEDICAL BUILDING Current
Est. value
$11.5M
OFFICE BUILDING
Est. value
$25.4M
AUTO REPAIR, GARAGE
Est. value
$19.4M
WAREHOUSE, STORAGE
Est. value
$11.7M
COMMERCIAL (GENERAL)
Est. value
$11.3M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1988
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
9
Lot
18.66 ac
Current owner
From public records · entity-resolved
Judco INC
Entity
Mailing address
1400 W TRENTON RD, EDINBURG, TX 78539-3413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
Judco INC
—
Deed
related
$4,000,000 · Bank Of Commerce
—
—
Hospitals LP Mcallen
—
Deed Of Trust
related
—
—
—
Judco INC
—
Loan Modification
related
$4,000,000 · 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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