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Property profile & analytics
OFF-MARKET
Estimated value
$27,870,000
Warehouses
4000 Military Hwy Mcallen, TX 78503-8811
Entity Owned
Free & Clear
Property ID
US82-3988896
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
235,420 SF
Lot
16.52 ac (719,799 SF)
APN
M2350-01-000-0013-00
UPID
US82-3988896
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
-
Lineage Storage Facility Warehouse & Storage
-
Eco Farms Avocados Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.71M
Comparable Approach
Comparable
$29.03M
Blend (final)
Blend
$27.87M
Owner & transaction history
Lineage Logistics Mtc LLC
Lineage Logistics Mtc LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$46.1M
+65.8%
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%
$28,935,000
6.5%
$26,710,000
7%
$24,800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$27,800,000
Current use
AUTO REPAIR, GARAGE
$46,085,000
Change: +66% · Conversion: Easy
MEDICAL BUILDING
$27,420,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$26,885,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$27.87M
Range $25.08M – $30.66M · ±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
$118 / 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
$250,000
Tax year 2022
Assessed value
$12,500,000
Assessed 2023
Previous assessed
$12,500,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$2,447,320
Assessed improvement
$10,052,680
Land market value
$2,447,320
Improvement market value
$10,052,680
Total market value
$12,500,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
40
Total area
235,420 SF
Lot
16.52 ac (719,799 SF)
APN
M2350-01-000-0013-00
UPID
US82-3988896
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
$27.8M
AUTO REPAIR, GARAGE
Est. value
$46.1M
MEDICAL BUILDING
Est. value
$27.4M
COMMERCIAL (GENERAL)
Est. value
$26.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Rooms
40
Lot
16.52 ac
Current owner
From public records · entity-resolved
Lineage Logistics Mtc LLC
Entity
Free & Clear · 0 yrs held
Mailing address
46500 HUMBOLDT DR, NOVI, MI 48377-2434
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
Lineage Logistics Mtc LLC
Lineage Master Re 3 LLC
Warranty Deed
—
May 13, 2019
—
Lineage Master Re 3 LLC
—
Grant Deed
related
—
Apr 10, 2017
—
Lineage Master Re 3 LLC
Lineage Lcs LLC
Special Warranty Deed
—
Aug 29, 2014
—
Lineage Lcs LLC
—
Grant Deed
related
$660,000,000 · Credit Suisse Ag
May 1, 2014
—
Lineage Lcs LLC
Loop Cold Storage Mcallen LP
Grant Deed
related
—
Dec 14, 2010
—
Loop Cold Storage Mcallen LP
—
Deed Of Trust
related
$3,500,000 · J P Morgan Chase Bank
Feb 1, 2008
—
Cold Storage Mcallen Loop
—
Deed Of Trust
related
$3,500,000 · J P Morgan Chase Bank
Jan 29, 2008
—
Cold Storage Mcallen Loop
—
Deed Of Trust
related
$1,500,000 · J P Morgan Chase Bank
Dec 16, 2005
—
Cold Storage Mcallen Loop
Mcallen Public Cold Storage
Quit Claim Deed
related
$1,500,000 · J P Morgan Chase Bank
—
—
Loop Cold Storage Mcallen LP
—
Deed Of Trust
related
$636,750 · John T & Carol C Mcguire
—
—
Loop Cold Storage Mcallen LP
—
Deed Of Trust
related
$4,000,000 · J P Morgan Chase Bank
—
—
Loop Cold Storage Mcallen LP
—
Deed Of Trust
related
$364,210 · Mcguire Suzanne 1995 Tr (pt)
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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