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Property profile & analytics
OFF-MARKET
Estimated value
$22,530,000
Warehouses
5801 George Mcvay Dr Mcallen, TX 78503-9022
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3534268
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
215,740 SF
Lot
11.17 ac (486,465 SF)
Zoning code
CO
APN
S2982-03-000-0020-00
UPID
US82-3534268
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
-
IDL International Distribution Logistics Logistics Company Freight Service
-
PCA McAllen Warehouse Warehouse & Storage
-
Grimco supplies Post Office
-
Grimco/ International Distributors Logistics Distribution Center Logistics Company
-
Bespoke Logistics suit #300 Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.48M
Comparable Approach
Comparable
$20.58M
Blend (final)
Blend
$22.53M
Owner & transaction history
Big Sky Commercial Prop Investments · 3 yrs held
Big Sky Commercial Prop Investments
since 2022
5 recorded transactions
Zoning & alternative use
CO · 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%
$26,515,000
6.5%
$24,475,000
7%
$22,730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$25,475,000
Current use
MEDICAL BUILDING
$25,130,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$24,640,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$22.53M
Range $20.28M – $24.78M · ±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
$104 / 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
$179,645
Tax year 2022
Assessed value
$8,862,594
Assessed 2023
Previous assessed
$8,862,594
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$924,284
Assessed improvement
$7,938,310
Land market value
$924,284
Improvement market value
$7,938,310
Total market value
$8,862,594
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
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
215,740 SF
Lot
11.17 ac (486,465 SF)
Zoning code
CO
APN
S2982-03-000-0020-00
UPID
US82-3534268
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TX
Zoning CO · permitted uses
CO · 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
$25.5M
MEDICAL BUILDING
Est. value
$25.1M
COMMERCIAL (GENERAL)
Est. value
$24.6M
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
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
11.17 ac
Current owner
From public records · entity-resolved
Big Sky Commercial Prop Investments
Entity
Mailing address
4320 UNIVERSITY BLVD, LAREDO, TX 78041-1934
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 21, 2022
—
Big Sky Commercial Prop Investments
—
Deed
related
$70,000,000 · Wells Fargo National Bank West
Jan 4, 2018
—
Big Sky Coml Prop Invs LLC
—
Grant Deed
related
$43,825,000 · Wells Fargo Bk
—
—
Verde 360 Americas
—
Deed Of Trust
related
$47,000,000 · Prudential Insurance Co
—
—
5801 George Mcvay Verde
—
Deed Of Trust
related
$47,000,000 · Prudential Insurance Co
—
—
5801 George Mcvay Verde
—
Deed Of Trust
related
$20,000,000 · Prudential Insurance Co
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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