Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Medical Office Space
400 Expy 83 Weslaco, TX 78599
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5310167
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Total area
13,854 SF
Lot
4.1 ac (178,396 SF)
Zoning code
CO
APN
F5865-00-000-0001-00
UPID
US82-5310167
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
-
Extreme Nutrition Sport Supplements & Smoothies (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.90M
Owner & transaction history
Universal Health Realty INC Trust · 11 yrs held
Universal Health Realty INC Trust
since 2015
4 recorded transactions
Zoning & alternative use
CO · Weslaco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+45.4%
Auto repair, garage
$1.8M
+27.0%
Retail stores
$1.7M
+14.4%
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 Weslaco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weslaco 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,445,000
Current use
COMMERCIAL (GENERAL)
$2,100,000
Change: +45% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,835,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,650,000
Change: +14% · Conversion: Difficult
RESTAURANT
$1,615,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±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
$137 / 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
$153,576
Tax year 2022
Assessed value
$6,000,000
Assessed 2023
Previous assessed
$6,000,000
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$2,300,894
Assessed improvement
$3,699,106
Land market value
$2,300,894
Improvement market value
$3,699,106
Total market value
$6,000,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2014
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,854 SF
Lot
4.1 ac (178,396 SF)
Zoning code
CO
APN
F5865-00-000-0001-00
UPID
US82-5310167
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Weslaco, TX
Zoning CO · permitted uses
CO · Weslaco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weslaco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
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
2014
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.1 ac
Current owner
From public records · entity-resolved
Universal Health Realty INC Trust
Trust
Free & Clear · 11 yrs held
Mailing address
367 S GULPH RD, KING OF PRUSSIA, PA 19406-3121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2015
—
Universal Health Realty INC Trust
Mcallen Hospitals LP
Warranty Deed
related
—
Jan 23, 2015
—
Universal Health Realty INC Trust
Mcallen Hospitals LP
Warranty Deed
—
Apr 17, 2014
—
Hospitals LP Mcallen
400 West 83 Ltd
Grant Deed
—
Jan 27, 2004
—
400 West 83 Ltd
Payne,e M & J A
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Expy 83?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
