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Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Investment properties
400 Illinois Ave Weslaco, TX 78596-6266
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-5144252
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2018
Total area
27,360 SF
Lot
0.86 ac (37,501 SF)
APN
W2300-00-032-0001-00
UPID
US82-5144252
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
-
University Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.26M
Comparable Approach
Comparable
$4.14M
Blend (final)
Blend
$4.20M
Owner & transaction history
Ua Weslaco LLC · 5 yrs held
Ua Weslaco LLC
since 2021
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+7.9%
Auto repair, garage
$3.6M
+7.0%
Office building
$3.4M
+1.7%
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%
$4,615,000
6.5%
$4,260,000
7%
$3,955,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,340,000
Current use
RESTAURANT
$3,600,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,570,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$3,395,000
Change: +2% · Conversion: Easy
RETAIL STORES
$3,060,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$2,920,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$4.20M
Range $3.78M – $4.62M · ±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
$154 / 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
$49,455
Tax year 2022
Assessed value
$2,101,792
Assessed 2023
Previous assessed
$2,101,792
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$161,250
Assessed improvement
$1,940,542
Land market value
$161,250
Improvement market value
$1,940,542
Total market value
$2,101,792
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
40
Total area
27,360 SF
Lot
0.86 ac (37,501 SF)
APN
W2300-00-032-0001-00
UPID
US82-5144252
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
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
40
Lot
0.86 ac
Current owner
From public records · entity-resolved
Ua Weslaco LLC
Entity
Mailing address
PO BOX 828, ALPINE, CA 91903-0828
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
—
Ua Weslaco LLC
Economic Development Corp Of Weslac
Venders Lien
$1,743,750 · Plainscapital Bank
Feb 22, 2018
—
City Of Weslaco
Rgv Word Properties LLC
Grant Deed
—
Dec 22, 2009
—
Rgv Word Properties LLC
Inter Natl Bk
Grant Deed
$1,300,000 · Inter National Bank
—
—
Tri-gen Construction LLC
—
Deed Of Trust
related
$2,120,000 · Compass Bk
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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