Refrigerated & Cold Storage
Entity Owned
~
Est. High Equity
Entity Owned 
For Sale
1 / 3
Contact for pricing
6800 N Ware Rd, McAllen, TX 78504
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Property summary
AI-generated overview
This exceptional 0.39-acre commercial lot is situated on Ware Road in McAllen, Texas, between Mile 4 and Trenton Road. Its strategic location offers excellent visibility and accessibility. The property is directly across from South Texas Christian Academy and enjoys close proximity to a variety of retail establishments and other businesses, ensuring high traffic and potential customer base. Zoned C3, this land presents a remarkable opportunity for light commercial development. The asking price is $179,900, translating to $11 per square foot. This represents a compelling investment in a thriving McAllen location with significant potential for return. The property's address is 6800 N Ware Rd, McAllen, TX 78504, in Hidalgo County. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss out on this chance to build your business in a prime McAllen location.
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1988
Total area
240,292 SF
Lot
38.55 ac (1,679,251 SF)
Zoning code
RS
APN
M4230-00-000-0001-00
UPID
US82-3558863
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Poultry Farm
-
Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.26M
Comparable Approach
Comparable
$23.40M
Blend (final)
Blend
$25.34M
Owner & transaction history
since 2026
4 recorded transactions
Zoning & alternative use
RS · Mcallen, TX
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$25.34M
Value range
$22.80M – $27.87M
±10% around blend
Estimated value / SF
$105 / SF
Confidence
Property data
88
Comparable evidence
60
$22.80M
blend $25.34M
$27.87M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
240,292 SF
Lot area
38.55 ac
Year built
1988
Stories
1
APN
M4230-00-000-0001-00
Assessed value
$10,078,705
Annual tax
$215,251
3
Income approach: direct capitalization
Partial preview
Income approach indication
$27.26M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$29.54M
@ 6.5% CAP return
$27.26M
@ 7% CAP return
$25.32M
4
Sales comparison
Partial preview
Sales approach indication
$23.40M
Range $10.28M – $47.60M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$25.34M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.08M
Move the market yield to see immediate price impact.
Value / SF
$42
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$635k
$12.70M
$9.07M
$7.06M
$706k
$14.11M
$10.08M
$7.84M
$776k
$15.52M
$11.09M
$8.62M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$215,251
Tax year 2022
Assessed value
$10,078,705
Assessed 2023
Previous assessed
$10,078,705
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$1,944,826
Assessed improvement
$8,133,879
Land market value
$1,944,826
Improvement market value
$8,133,879
Total market value
$10,078,705
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
For Sale
Year built
1988
Heating
CENTRAL
Cooling
YES
Stories
1
Rooms
20
Total area
240,292 SF
Lot
38.55 ac (1,679,251 SF)
Zoning code
RS
APN
M4230-00-000-0001-00
UPID
US82-3558863
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mcallen, TXZoning RS · permitted uses
RS · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
20
Lot
38.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RS
Jurisdiction
Mcallen, TX
Recorded code
RS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RS in Mcallen, TX.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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