700 E Expwy 83, Mcallen, TX 78503 – Senior Center/Community Center

CommercialYear Built 1999Total Assessed Value $5,282,352County Hidalgo

Property Details

The Commercial property 700 E Expwy 83, Mcallen, TX 78503 is located in Hidalgo County. The specific property type is Senior Center/Community Center. The total assessed value of this property is $5,282,352.

The gross building area is 78,672 square feet and the land area is 253,519 square feet for this Senior Center/Community Center built in 1999.

Legal description: Concord Property Corp. No. 1 Lot 1

$5,282,352

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeSenior Center/Community Center

Building Area78,672

Land Size253,519

Land Value$3,397,155

Improved Value$1,885,197

Total Assessed Value$5,282,352

Year Built1999

County NameHidalgo

Account Number508863

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverBuilt up

Roof TypeFlat

Type ConstructionOther

No of Stories1

Bathrooms2

Exterior WallsConcrete block

Sales History

11/19/2012

Arms-length$5,000,000

Buyer

Cielo Paso Las Tiendas Lp

Seller

Om Inland Western Mcallen Mds Lp

Book Number

2012-2360117

Recording Date

11/19/2012

Transaction Details

Cielo Paso Las Tiendas Lp acquired the property from Om Inland Western Mcallen Mds Lp through a Arms-length transaction on 11/19/2012 for $5,000,000.

Property constructed in 1999

YSale Price (USD) byXSales Year

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Mortgage History

8/13/2013

Sale$5,300,000

Borrower

Cielo Paso Las Tiendas Lp

Lender

Wells Fargo Bank

Book Number

2013-2439844

Recording Date

8/13/2013

Transaction Details

Cielo Paso Las Tiendas Lp borrowed the property from Wells Fargo Bank through a transaction on 8/13/2013 for $5,300,000.

11/15/2012

Helocs both purchase money and non purchase money helocs$4,000,000

Borrower

Cielo Paso Las Tiendas Lp

Lender

Paso Properties Lp

Book Number

2012-2360119

Recording Date

11/15/2012

Transaction Details

Cielo Paso Las Tiendas Lp borrowed the property from Paso Properties Lp through a Helocs both purchase money and non purchase money helocs transaction on 11/15/2012 for $4,000,000.

Property constructed in 1999

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$3,397,155	$1,885,197	$5,282,352	$5,282,352	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	All	C788301	253,519	78,672
2025	$3,397,155	$1,885,197	$5,282,352	$5,282,352	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	All	C788301	253,519	78,672
2024	$3,397,155	$2,556,345	$5,953,500	$5,953,500	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	Spaexp83	C788301	253,519	78,672
2023	$3,397,155	$2,524,355	$5,921,510	$5,921,510	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	SPAEXP83	C788301	253,519	78,672
2022	$3,397,155	$2,002,845	$5,400,000	$5,400,000	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	SPAEXP83	C788301	253,519	78,672
2021	$3,397,155	$1,957,975	$5,355,130	$5,355,130	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	SPAEXP83	C788301	253,519	78,672
2020	$3,397,155	$2,502,845	$5,900,000	$5,900,000	Cielo Paso Las Tiend...	801 W 5th St Ste 100...	Concord Property Cor...	SPAEXP83	C788301	253,519	78,672
2019	$3,397,155	$2,502,845	$5,900,000	$5,900,000	Cielo Paso Las Tiend...	823 Congress Ave Ste...	Concord Property Cor...	C788301	C788301	253,519	78,672
2018	$3,397,155	$2,882,845	$6,280,000	$6,280,000	Cielo Paso Las Tiend...	823 Congress Ave Ste...	CONCORD PROPERTY COR...	C788301	C788301	253,519	78,672
2017	$2,266,210	$4,013,790	$6,280,000	$6,280,000	Cielo Paso Las Tiend...	823 Congress Ave Ste...	-	C788301	C788301	253,519	78,672

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	700 E Expwy 83, Mcallen, TX 78503	—	-	253,519	1999	78,672	$ 5,282,352	$ 3,397,155	-
Panhandle First Bank	1914 Se 10th Ave, Amarillo, TX 79102	07/29/2025	$ 608,524	27,000	2015	7,600	$ 845,602	$ 27,007
Texas Partners Bank	803 Buck Creek, Bandera, TX 78003	07/21/2025	$ 400,000	123,972	2014	11,640	$ 1,819,350	$ 364,480	Bandera County Committee On Ag
Bermuda Properties Llc	3664 N Hwy 78, Bohnam, TX 75418	07/15/2025	$ 97,903	589,149	2023	2,220	$ 1,930,400	$ 224,820	Two Crazy Frogs Llc
Texas Bank	3550 W University Dr, Mckinney, TX 75071	06/10/2025	$ 3,300,000	101,059	2017	32,800	$ 5,255,650	$ 1,263,240	3550 University 300 Llc
Texas Heritage Bank	17 Old San Antonio Rd, Boerne, TX 78006	05/14/2025	$ 197,911	252,212	2009	27,937	$ 3,746,940	$ 732,210	Rainbow Senior Center Foundati
Mayfair Private Trust Company	1600 Murphy Ave, Donna, TX 78537	04/28/2025	$ 2,700,000	54,014	2023	17,774	$ 1,517,942	$ 864,230	Shops At 493lot 10 Ltd
Sms Finl Strategic Inv V Llc	8822 Apple St, Kingston, OK 73439	04/28/2025	$ 9,230,000	30,056	1995	2,159	-	-
Centennial Bank	501 Birdwell Ln, Big Spring, TX 79720	04/15/2025	$ 1,500,000	0	1983	1,950	$ 73,672	-	-
Lone Star National Bank	Glasscock Rd, TX	03/25/2025	$ 580,000	9,518	2023	2,589	$ 266,385	$ 56,644
Unitedomaha Life Insurance Co	2101 2301 Preston Rd, Plano, TX 75093	03/19/2025	$ 32,000,000	608,032	1994	164,260	$ 33,250,000	$ 10,944,581	Preston Park Partners Ltd

Mean$ 6,804,545

Median$ 954,762.0

Loan Amount Range$ 83,150 - $ 32,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32073753090

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

4/24/2020

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	F21 OPCO, LLC
	Address Line	110 e 9th st ste c910
	City / State / Zip	los angeles CA 90079
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48215
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	90079
Registration Details	SOS Code

License Timeline

License Issued

4/24/2020

Currently Active

Status: -

Renewal Required

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