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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Office buildings
8101 23rd St Mcallen, TX 78503-9101
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-4547211
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
8,750 SF
Lot
10 ac (435,600 SF)
APN
H0850-00-003-0037-02
UPID
US82-4547211
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
-
Globex Seafood Take-out & Catering Fish Market
-
Marimba Produce LLC Specialty Food Shop Farmer's Market
-
Rapid Transport Inc Freight Service Logistics Company
-
Eagle Cold Storage Storage Facility Warehouse & Storage
-
ProValley Foods Butcher Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Glg Cold Storage & Warehouse Ltd · 1 yrs held
Glg Cold Storage & Warehouse Ltd
since 2024
7 recorded transactions
Zoning & alternative use
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
$1,005,000
CAP Approach
CAP Return
Estimation
6%
$2,085,000
6.5%
$1,920,000
7%
$1,785,000
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±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
$167 / 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
$89,699
Tax year 2022
Assessed value
$4,200,000
Assessed 2023
Previous assessed
$4,200,000
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$630,000
Assessed improvement
$3,570,000
Land market value
$630,000
Improvement market value
$3,570,000
Total market value
$4,200,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
8,750 SF
Lot
10 ac (435,600 SF)
APN
H0850-00-003-0037-02
UPID
US82-4547211
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
10 ac
Current owner
From public records · entity-resolved
Glg Cold Storage & Warehouse Ltd
Individual
Mailing address
8101 S 23RD ST, MCALLEN, TX 78503-9101
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
—
Glg Cold Storage & Warehouse Ltd
Glg Lopez Group LLC
Warranty Deed
—
Aug 17, 2023
—
Rosalba Lopez Villagomez
Glg Cold Storage & Warehouse Ltd
Warranty Deed
—
Oct 10, 2019
—
Cold Storage & Warehouse Ltd
—
Deed
related
$1,183,233 · Vantage Bk Tx NA
Aug 25, 2017
—
Glg Cold Storage & Warehouse L
Garza,gerardo L
Warranty Deed
$190,000 · International Bk/commerce
Jul 1, 2011
—
Glg Cold Storage & Warehouse Ltd
Mcallen International Cold INC
Venders Lien
$1,600,000 · Jpmorgan Chase Bank NA
Aug 25, 2010
—
Mcallen International Cold INC
—
Trustees Deed
related
$300,000 · Td Dev Lc
Jul 14, 2009
—
Mcallen International Cold INC
—
Trustees Deed
related
$300,000 · Td Dev Lc
—
—
Mcallen Cold Storage Ltd
—
Loan Modification
related
$190,000 · Lone Star Nat'l Bk
—
—
Mcallen International Cold INC
—
Deed Of Trust
related
$644,080 · First National Bank
—
—
Cold Storage Glg
—
Deed Of Trust
related
$1,148,000 · Accion Texas
—
—
Cold Storage & Warehouse Ltd
—
Deed Of Trust
related
$1,183,233 · Vantage Bk Tx NA
—
—
Cold Storage Glg
—
Deed Of Trust
related
$450,000 · J P Morgan Chase Bank
—
—
Cold Storage Glg
—
Deed Of Trust
related
—
—
—
Mcallen International Cold INC
—
Deed Of Trust
related
$625,000 · USA
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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