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Property profile & analytics
OFF-MARKET
Estimated value
$4,820,000
Hotels
Wichita Ave, TX
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US82-4773483
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Total area
71,964 SF
Lot
2.22 ac (96,620 SF)
Zoning code
CO
APN
F1380-00-000-0001-00
UPID
US82-4773483
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
$4.82M
Owner & transaction history
Sb Mcallen · 19 yrs held
Sb Mcallen
since 2007
7 recorded transactions
Zoning & alternative use
CO · Wichita Ave, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.0M
+300.1%
Commercial (general)
$7.7M
+286.2%
Medical building
$7.5M
+277.6%
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 Wichita Ave submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita Ave 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,995,000
Change: +300% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,715,000
Change: +286% · Conversion: Difficult
MEDICAL BUILDING
$7,545,000
Change: +278% · Conversion: Difficult
RESTAURANT
$7,475,000
Change: +274% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,970,000
Change: +249% · Conversion: Difficult
RETAIL STORES
$6,645,000
Change: +232% · Conversion: Difficult
Blend value · Realmo final
$4.82M
Range $4.34M – $5.30M · ±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
$67 / 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
$192,746
Tax year 2022
Assessed value
$9,637,306
Assessed 2023
Previous assessed
$9,637,306
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,487,933
Assessed improvement
$8,149,373
Land market value
$1,487,933
Improvement market value
$8,149,373
Total market value
$9,637,306
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2007
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
104
Total area
71,964 SF
Lot
2.22 ac (96,620 SF)
Zoning code
CO
APN
F1380-00-000-0001-00
UPID
US82-4773483
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Wichita Ave, TX
Zoning CO · permitted uses
CO · Wichita Ave, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wichita Ave. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$7.5M
RESTAURANT
Est. value
$7.5M
WAREHOUSE, STORAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$6.6M
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
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
2007
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
104
Lot
2.22 ac
Current owner
From public records · entity-resolved
Sb Mcallen
Individual
Mailing address
PO BOX 5085, MCALLEN, TX 78502-5085
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2009
—
Sb LP Mcallen
—
Deed Of Trust
related
$8,000,000 · First National Bank
Nov 10, 2008
—
Sb Mcallen
—
Trustees Deed
related
$2,000,000 · First National Bank
Apr 10, 2007
—
Sb Mcallen
Gonzalez,alvaro G
Warranty Deed
—
Sep 11, 2006
—
Alvaro G Gonzalez
Rgv-wichita Dev Ltd
Warranty Deed
$1,050,000 · First National Bank
Sep 2, 2004
—
Rgv-wichita Dev Ltd
Garza,carlos
Warranty Deed
related
—
—
—
Sb Mcallen
—
Deed Of Trust
related
$8,000,000 · First National Bank
—
—
S B LP Mcallen
—
Deed Of Trust
related
$15,500,000 · Bank Of America
—
—
Sb Mcallen
—
Deed Of Trust
related
$8,000,000 · 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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