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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Warehouses
301 Owassa Rd Edinburg, TX 78539-7046
Entity Owned
5-yr Hold
Free & Clear
Property ID
US83-3577335
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
41,875 SF
Lot
3.6 ac (156,977 SF)
APN
S6610-00-000-0001-00
UPID
US83-3577335
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.12M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$4.06M
Owner & transaction history
Mdii F2 South Texas Edtnburg LLC · 5 yrs held
Mdii F2 South Texas Edtnburg LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+72.3%
Retail stores
$4.7M
+63.5%
Restaurant
$4.6M
+58.1%
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 Edinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edinburg 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%
$4,460,000
6.5%
$4,115,000
7%
$3,820,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,880,000
Current use
AUTO REPAIR, GARAGE
$4,965,000
Change: +72% · Conversion: Easy
RETAIL STORES
$4,710,000
Change: +64% · Conversion: Moderate
RESTAURANT
$4,555,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,150,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$4,050,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$3,865,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,230,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±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
$97 / 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
$68,253
Tax year 2022
Assessed value
$3,444,176
Assessed 2023
Previous assessed
$3,444,176
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$313,958
Assessed improvement
$3,130,218
Land market value
$313,958
Improvement market value
$3,130,218
Total market value
$3,444,176
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
2020
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
41,875 SF
Lot
3.6 ac (156,977 SF)
APN
S6610-00-000-0001-00
UPID
US83-3577335
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$5.0M
RETAIL STORES
Est. value
$4.7M
RESTAURANT
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.2M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.6 ac
Current owner
From public records · entity-resolved
Mdii F2 South Texas Edtnburg LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3715 NORTHSIDE PKWY NW BLDG #400, ATLANTA, GA 30327-2886
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Mdh F2 South Texas Edinburg LLC
—
Deed
related
$105,478,770 · Wells Fargo Bank NA
Jul 1, 2021
—
Mdii F2 South Texas Edtnburg LLC
Srp Goodman Edinburg LP
Special Warranty 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.
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