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Property profile & analytics
FOR LEASE
Auto shops
3101 W Military Hwy McAllen, TX 78503
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US82-7057946
For Lease
1 / 2
$620,000
3101 W Military Hwy, McAllen, TX 78503
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Property summary
AI-generated overview
This exceptional 68,108-square-foot warehouse, built in 2004, is situated on a 33.3-acre lot in McAllen's thriving industrial submarket. Its strategic location along a major overweight corridor, between the Anzalduas and Pharr International Bridges, provides unparalleled access to key transportation routes. The property boasts a impressive tenant roster nearby, including MasterBrand, Amazon, ProTrans, DHL, and Alps Logistics. The warehouse itself features a 24-foot clear height, a metal standing seam roof, and an ESFR fire sprinkler system. High-efficiency LED lighting illuminates the space, which includes 22 dock-high doors, 2 ramps with levelers, and variable column spacing. Ample trailer parking is available with 60 spaces for efficient operations. The building also includes office space and a fully equipped dock system. The concrete tilt-wall construction ensures durability and longevity. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located warehouse in a high-demand area.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Total area
4,736 SF
Lot
3.76 ac (163,920 SF)
Zoning code
IN
APN
U0050-00-000-0001-05
UPID
US82-7057946
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
-
Logicorp Enterprises Trucking Company
-
South Texas Petroleum Trucking Company
-
Outwest Express Freight Service Logistics Company
-
Hutchinson FTS Industrial Manufacturer Production Facility
-
Emerson Hermetic Motor, Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$620k
Owner & transaction history
Mcallen Warehouse LLC · 4 yrs held
Mcallen Warehouse LLC
since 2021
7 recorded transactions
Zoning & alternative use
IN · 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$925,000
Current use
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$131 / 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
$21,995
Tax year 2022
Assessed value
$1,029,872
Assessed 2023
Previous assessed
$1,029,872
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$614,701
Assessed improvement
$415,171
Land market value
$614,701
Improvement market value
$415,171
Total market value
$1,029,872
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,736 SF
Lot
3.76 ac (163,920 SF)
Zoning code
IN
APN
U0050-00-000-0001-05
UPID
US82-7057946
Jurisdiction
HIDALGO
Zoning & alternative use
IN · Mcallen, TX
Zoning IN · permitted uses
IN · 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
AUTO REPAIR, GARAGE Current
Est. value
$925,000
AUTO REPAIR, GARAGE 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
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.76 ac
Current owner
From public records · entity-resolved
Mcallen Warehouse LLC
Entity
Mailing address
10850 WILSHIRE BLVD STE #1000, LOS ANGELES, CA 90024-4322
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2021
—
Mcallen Warehouse LLC
Blu Man Investments LLC
Deed
$14,700,000 · Argentic Real Estate Finance LLC
May 1, 2013
—
Blu-man Investments LLC
Capital One
Grant Deed
$4,800,000 · Lone Star National Bank
Oct 2, 2012
$5,886,769
Capital One
Reynolds Janice
Trustees Deed
related
—
Dec 6, 2010
—
La & G Investment Co LLC
—
Deed Of Trust
related
$21,000,000 · General Electric Capital Corp
Apr 17, 2009
—
La & G Investment Co LLC
—
Deed Of Trust
related
$1,500,000 · Capital One
—
—
La & G Investment Co LLC
—
Deed Of Trust
related
$3,562,639 · Inter National Bank
—
—
La & G Investment Co LLC
—
Deed Of Trust
related
$540,000 · Capital One
—
—
La & G Investment Co LLC
—
Deed Of Trust
related
$1,313,820 · Capital One
—
—
La & G Investment Co LLC
—
Deed Of Trust
related
$1,300,000 · Inter National Bank
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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