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Property profile & analytics
OFF-MARKET
Estimated value
$7,880,000
Refrigerated & Cold Storage
5124 Honduras Ave Mcallen, TX 78503-0046
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-0024676
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2020
Total area
71,024 SF
Lot
8.5 ac (370,169 SF)
APN
S2982-00-000-0007-00
UPID
US82-0024676
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
$8.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.88M
Owner & transaction history
G Property R LLC · 5 yrs held
G Property R LLC
since 2021
4 recorded transactions
Zoning & alternative use
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
by Request
CAP Approach
CAP Return
Estimation
6%
$8,730,000
6.5%
$8,060,000
7%
$7,480,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,385,000
Current use
MEDICAL BUILDING
$8,275,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,110,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$7.88M
Range $7.09M – $8.67M · ±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
$111 / 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
$136,687
Tax year 2022
Assessed value
$6,400,109
Assessed 2023
Previous assessed
$6,400,109
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$647,798
Assessed improvement
$5,752,311
Land market value
$647,798
Improvement market value
$5,752,311
Total market value
$6,400,109
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
71,024 SF
Lot
8.5 ac (370,169 SF)
APN
S2982-00-000-0007-00
UPID
US82-0024676
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
$8.4M
MEDICAL BUILDING
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$8.1M
WAREHOUSE, STORAGE Current
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
8.5 ac
Current owner
From public records · entity-resolved
G Property R LLC
Entity
Mailing address
2101 W MILITARY HWY STE K3, MCALLEN, TX 78503-5712
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 16, 2021
—
G Property R LLC
Comarca Fresh INC
Venders Lien
$5,500,000 · Texas Regional Bank
Aug 27, 2019
—
Comarca Fresh INC
—
Grant Deed
related
$5,500,000 · Texas Reg'l Bk
May 17, 2019
—
Comarca Fresh INC
Grupo Hermanos Diez LLC
Warranty Deed
related
—
—
—
Gr Produce INC
—
Loan Modification
related
$2,500,000 · Texas Reg'l 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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