Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800 Convention Ctr Blvd Mcallen, TX 78501-0018
    Back to Search
    Property profile & analytics

    800 Convention Ctr Blvd, Mcallen, TX 78501-0018

    View on Map
    • Hotels
    • 159,617 SF
    • 5.38 lot acres
    Off-Market
    Property ID
    US82-5776352
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,440,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • All McAllen Escorts / Nightclub / Bar & Pub
    • Embassy Suites by Hilton McAllen Convention Center / Hotel & Motel
    • Tesla Supercharger / Electric Vehicle Charging Station
    • AmpUp Charging Station / Electric Vehicle Charging Station
    • On the Border Mexican Grill & Cantina / Restaurant

    Property Details for 800 Convention Ctr Blvd

    Year built
    2015
    Lot size
    5.38 lot acres
    Property type
    Hotels
    APN
    M2075-00-000-006B-00
    APU
    M207500000006B00

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 27, 2020 — Goldstein Financial LLC — Deed · related $20M · International Bk/commerce
    May 29, 2014 — Goldstein Financial LLC City Of Mcallen Texas Grant Deed $1.1M · International Bk/commerce
    — — Tri Wanis Ventures LLC — Deed Of Trust · related $8.6M · Lone Star Nat'l Bk
    — — Goldstein Financial LLC — Deed Of Trust · related $20M · International Bk/commerce
    — — Goldstein Financial LLC — Loan Modification · related $20M · International Bk/commerce

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,550,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mcallen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2607
    Latitude
    26.1987
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $340,000
    $2,341,870
    $14,658,130
    $17,000,000
    -
    $2,341,870
    $14,658,130
    $17,000,000

    Comparable in this City

    • Value Estimation
      $2,120,000
      78,808 SF

      701 Ware Rd

      HOTEL
      701 Ware Rd, Mcallen, TX 78501-0023
      View Details
    • Value Estimation
      $2,135,000
      71,380 SF

      10 Expy 83

      HOTEL
      10 Expy 83, Mcallen, TX 78501-1162
      View Details
    • Value Estimation
      $1,070,000
      37,824 SF

      620 Expy 83

      HOTEL
      620 Expy 83, Mcallen, TX 78501-2938
      View Details
    • Value Estimation
      $925,000
      39,214 SF

      801 Expy 83

      HOTEL
      801 Expy 83, Mcallen, TX 78501-1160
      View Details
    • Value Estimation
      $1,760,000
      59,816 SF

      525 Ware Rd

      HOTEL
      525 Ware Rd, Mcallen, TX 78501-8492
      View Details
    • Value Estimation
      $2,225,000
      123,687 SF

      228 Expy 83us

      HOTEL
      228 Expy 83us, Mcallen, TX 78501-2951
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,400 SF

      Profitable Hotel in Prime Location

      Profitable 75-room hotel on 1.62 acres near downtown McAllen.
      501 S 10Th St, McAllen, TX 78501
      View Details
    • $2,850,000

      Super 8 McAllen Investment Opportunity

      49-room hotel in McAllen, Texas, near key attractions.
      1505 S 9Th St, McAllen, TX 78501
      View Details
    • $675,000
      2,546 SF

      McAllen Commercial Lot - High Potential

      Prime location, C-3 zoned, 0.46 acres.
      437 King Hwy, McAllen, TX 78501
      View Details
    • Contact for pricing
      7,216 SF

      Willow Ridge Multifamily Investment Opportunity

      Income-producing multifamily property in McAllen, near hike and bike trails.
      812 E Daffodil Ave, McAllen, TX 78501
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      10,233 SF

      McAllen CBD Office Land Opportunity

      Prime McAllen location, 9 acres, 10,233 sq ft.
      200 10Th St, McAllen, TX 78501
      View Details
    • $1.70 SF/Yr

      McAllen Retail or Office Space

      Retail or office space with high visibility and easy access.
      2101 N Jackson Rd, McAllen, TX 78501
      View Details
    • Contact for pricing
      5,506 SF

      Professional Office Space Available

      Office suite with private offices, conference rooms, and reception area.
      605 E Violet Ave, McAllen, TX 78501
      View Details
    • Contact for pricing

      Restaurant Space Near South Texas College

      Second-generation restaurant space in high-traffic location near college campus.
      3721 Pecan Blvd, McAllen, TX 78501
      View Details
    • Contact for pricing

      Chase Tower Office Space

      Prestigious office building in McAllen's CBD with move-in ready suites.
      200 S 10Th St, McAllen, TX 78501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Convention Ctr Blvd
    Mcallen, TX 78501-0018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    800 Convention Ctr Blvd, Mcallen, TX, 78501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!