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Property profile & analytics
OFF-MARKET
Estimated value
$17,710,000
Refrigerated & Cold Storage
5300 George Mcvay Dr Mcallen, TX 78503-7449
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-3427940
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2000
Total area
151,240 SF
Lot
11 ac (479,169 SF)
Zoning code
IN
APN
S2982-00-000-0016-00
UPID
US82-3427940
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
-
Hunt Oil Co Auto Repair Shop
-
PRODUCE TEAM LLC Food Broker
-
Magic Sun Warehouse & Storage
-
Sip n Snack Bar & Pub
-
Superior Essex Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.16M
Comparable Approach
Comparable
$18.26M
Blend (final)
Blend
$17.71M
Owner & transaction history
Abasto Corp · 4 yrs held
Abasto Corp
since 2021
5 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
by Request
CAP Approach
CAP Return
Estimation
6%
$18,590,000
6.5%
$17,160,000
7%
$15,935,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,860,000
Current use
MEDICAL BUILDING
$17,615,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,270,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$17.71M
Range $15.94M – $19.48M · ±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
$117 / 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
$159,413
Tax year 2022
Assessed value
$7,864,480
Assessed 2023
Previous assessed
$7,864,480
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,629,168
Assessed improvement
$6,235,312
Land market value
$1,629,168
Improvement market value
$6,235,312
Total market value
$7,864,480
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
2000
Heating
NONE
Cooling
YES
Stories
1
Total area
151,240 SF
Lot
11 ac (479,169 SF)
Zoning code
IN
APN
S2982-00-000-0016-00
UPID
US82-3427940
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
WAREHOUSE, STORAGE Current
Est. value
$17.9M
MEDICAL BUILDING
Est. value
$17.6M
COMMERCIAL (GENERAL)
Est. value
$17.3M
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
2000
Heating
NONE
Cooling
Yes
Stories
1
Lot
11 ac
Current owner
From public records · entity-resolved
Abasto Corp
Entity
Mailing address
2501 W MILITARY HWY STE F1, MCALLEN, TX 78503-8939
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
—
Abasto Corp
Big Sky Commercial Prop Investments
Special Warranty Deed
$11,100,000 · Vantage Bank Texas
Nov 14, 2016
—
Big Sky Commercial Property Investm
Leah Realty Ada Compliant Limnited
Special Warranty Deed
$14,875,000 · Wells Fargo Bank NA
May 26, 2015
—
Sarah Realty Sharyland III Mc
Ridge Cbf Mcallen I LLC
Trustees Deed
$60,000,000 · Bank Of America
May 5, 2010
—
Ridge Cbf Mcallen I LLC
—
Deed Of Trust
related
$11,340,243 · Inter National Bank
—
—
Ridge Cbf Mcallen I LLC
—
Deed Of Trust
related
$11,340,243 · 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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