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Property profile & analytics
OFF-MARKET
Medical Office Space
801 Nolana Ave Ste 15 Mcallen, TX 78504-6112
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-5269895
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
3,120 SF
Lot
0.52 ac (22,856 SF)
Zoning code
CO
APN
N2950-00-000-0015-00
UPID
US82-5269895
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Garrigos Hervert Family LP · 10 yrs held
The Garrigos Hervert Family LP
since 2016
7 recorded transactions
Zoning & alternative use
CO · Mcallen, TX
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,057
Tax year 2022
Assessed value
$702,853
Assessed 2023
Previous assessed
$702,853
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$314,271
Assessed improvement
$388,582
Land market value
$314,271
Improvement market value
$388,582
Total market value
$702,853
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
14
Bathrooms
4
Total area
3,120 SF
Lot
0.52 ac (22,856 SF)
Zoning code
CO
APN
N2950-00-000-0015-00
UPID
US82-5269895
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Mcallen, TXZoning CO · permitted uses
CO · Mcallen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
revised UDC
Building & site characteristics
From public records
Year built
1999
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
14
Bathrooms
4
Lot
0.52 ac
Current owner
From public records · entity-resolved
The Garrigos Hervert Family LP
Entity
Mailing address
2224 S 45TH ST, MCALLEN, TX 78503-8103
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2019
—
Garrigos-hervert Family LP
—
Deed
related
$120,000 · International Bk/commerce
May 24, 2019
—
Garrigos-hervert Family LP
—
Deed
related
$73,000 · International Bk/commerce
Feb 19, 2019
—
Garrigos-hervert Family LP
—
Deed
related
$176,500 · International Bk/commerce
Feb 12, 2019
—
Garrigos-hervert Family LP
—
Deed
related
$633,127 · International Bk/commerce
May 11, 2016
—
The Garrigos Hervert Family LP
Francisco Pena Jd
Venders Lien
$228,500 · Lone Star National Bank
Jul 20, 2006
—
Francisco Pena
—
Trustees Deed
related
$215,000 · First National Bank
Jul 22, 2005
—
Francisco Pena
—
Trustees Deed
related
$215,000 · First National Bank
Jun 3, 2004
—
Francisco Pena
—
Trustees Deed
related
$215,000 · First National Bank
—
—
Garrigos-hervert Family LP
—
Deed Of Trust
related
$633,127 · International Bk/commerce
—
—
Garrigos-hervert Family LP
—
Deed Of Trust
related
$176,500 · International Bk/commerce
—
—
Garrigos-hervert Family LP
—
Deed Of Trust
related
$73,000 · International Bk/commerce
—
—
Francisco Pena
—
Deed Of Trust
related
$751,607 · First National Bank
—
—
Garrigos-hervert Family LP
—
Deed Of Trust
related
$120,000 · International Bk/commerce
—
—
Pena,francisco I
—
Deed Of Trust
related
$515,000 · Texas Nat'l Bk
—
—
Francisco Pena
—
Deed Of Trust
related
$215,000 · First National Bank
—
—
Francisco Pena
—
Deed Of Trust
related
$900,000 · First 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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