101 E Ridge Rd, Mcallen, TX 78503 – Hospital

Institutional & Special Purpose BuildingsYear Built 1989Total Assessed Value $85,601,042County Hidalgo

Property Details

The Institutional & Special Purpose Buildings property 101 E Ridge Rd, Mcallen, TX 78503 is located in Hidalgo County. The specific property type is Hospital. The total assessed value of this property is $85,601,042.

The gross building area is 355,301 square feet and the land area is 567,513 square feet for this Hospital built in 1989.

Legal description: Mcallen Community Hospital All Lot 1 Exc 3 Trs-W Pt Being 3.05 13.029Ac Net

$85,601,042

Market Value

N/A

Cap Rate

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NOI

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Occupancy

Avg Rent

Property Image of 101 E Ridge Rd, Mcallen, TX 78503, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeHospital

Building Area355,301

Land Size567,513

Land Value$6,980,410

Improved Value$78,620,632

Total Assessed Value$85,601,042

Year Built1989

County NameHidalgo

Account Number230247

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space26

HeatingCentral

Roof CoverOther

Roof TypeFlat

Type ConstructionOther

No of Stories1

Garage TypeCarport 0

Exterior WallsSiding alum or vinyl

Sales History

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Mortgage History

6/11/2018

Arms length residential transactions purchase or resales$150,000,000

Borrower

Columbia Rio Grande Healthcare Lp

Lender

Bank Of America Na

Book Number

2018.2926415

Recording Date

6/11/2018

Transaction Details

Columbia Rio Grande Healthcare Lp borrowed the property from Bank Of America Na through a Arms length residential transactions purchase or resales transaction on 6/11/2018 for $150,000,000.

Property constructed in 1989

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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	$6,980,410	$54,519,590	$61,500,000	$61,500,000	Rio Grande Regional ...	Po Box 80610	Mcallen Community Ho...	All	M207000	567,513	355,301
2025	$6,980,410	$54,519,590	$61,500,000	$61,500,000	Rio Grande Regional ...	Po Box 80610	Mcallen Community Ho...	All	M207000	567,513	355,301
2024	$6,980,410	$40,075,176	$47,055,586	$47,055,586	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	SPAEXP83	M207000	567,513	355,301
2023	$6,980,410	$33,686,222	$40,666,632	$40,666,632	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	SPAEXP83	M207000	567,513	350,160
2022	$6,980,410	$28,386,222	$35,366,632	$35,366,632	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	SPAEXP83	M207000	567,513	350,160
2021	$6,980,410	$27,919,590	$34,900,000	$34,900,000	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	J190	M207000	567,513	350,160
2020	$6,980,410	$28,568,814	$35,549,224	$35,549,224	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	J190	M207000	567,513	350,160
2019	$6,952,034	$32,820,436	$39,772,470	$39,772,470	Rio Grande Regional ...	Po Box 1504	Mcallen Community Ho...	M207000	M207000	567,513	350,160
2018	$6,952,034	$32,820,436	$39,772,470	$39,772,470	Rio Grande Regional ...	Po Box 1504	MCALLEN COMMUNITY HO...	M207000	M207000	567,513	350,160
2017	$6,952,034	$32,820,436	$39,772,470	$39,772,470	Rio Grande Regional ...	Po Box 1504	-	M207000	M207000	567,513	350,160

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
101 E Ridge Rd, Mcallen, TX 78503	230247	Institutional & Special Purpose Buildings	Hospital	Rio Grande Regional Hospital	Hidalgo	-	-	-	-	1989	355,301	-
3201 University Dr E, Bryan, TX 77802	106626	Institutional & Special Purpose Buildings	Hospital	3201 Univmob Mj Llc	Brazos	331.8	$ 22,266,274	2025-07-10	$ 167.42	1999	133,000	1
6201 N Suncoast Blvd, Crystal River, FL 34428	17E-17S-31-22400	Institutional & Special Purpose Buildings	Hospital	Tampa General Hospital Citrus	Citrus	979.1	$ 35,792,800	2023-11-27	$ 262.05	1978	136,589	-
7171 N Dale Mabry Hwy, Tampa, FL 33614	U28281816E000003000040	Institutional & Special Purpose Buildings	Hospital	University Community Hospital	Hillsborough	980.0	$ 20,725,000	2023-02-09	$ 66.56	2010	311,361	1
501 Fairburn Rd Sw, Atlanta, GA 30331	14F-0012- LL-040-8	Institutional & Special Purpose Buildings	Hospital	Arberg Properties Llc	Fulton	976.7	$ 2,125,000	2024-12-16	$ 19.81	1978	107,246	-
5469 Sw 34th St, Gainesville, FL 32608	07240-055-000	Institutional & Special Purpose Buildings	Hospital	Gainesville Va Partners Llc	Alachua	1001.4	$ 44,806,100	2022-10-28	$ 408.22	2022	109,760	-
4801 Harry Hines Blvd, Dallas, TX 75235	00000502630000000	Institutional & Special Purpose Buildings	Hospital	State Of Texas	Dallas	467.8	$ 37,385,469	2022-08-22	$ 71.21	2024	525,016	-
401 Woodland Hills Blvd, Fort Scott, KS 66701	203-06-0-40-01-001.03-0	Institutional & Special Purpose Buildings	Hospital	Kansas Re Investment Group Lllp	Bourbon	833.4	$ 3,125,000	2024-07-14	$ 22.78	2001	137,170	-
428 Airport Blvd, Pensacola, FL 32503	35-1S-30-7204-000-000	Institutional & Special Purpose Buildings	Hospital	428 Airport Blvd Landlord Llc	Escambia	735.4	$ 21,030,200	2023-12-01	$ 189.98	2018	110,697	119
5601 Warren Pkwy, Frisco, TX 75034	2632288	Institutional & Special Purpose Buildings	Hospital	Frisco 5601 Mp Rk6, Llc	Collin	488.0	$ 115,000,000	2023-09-15	$ 690.47	2001	166,554	-
101circledr, Hillsboro, TX 76645	134230	Institutional & Special Purpose Buildings	Hospital	Mpt Of Hillsboro Lp	Hill	410.7	$ 13,086,143	2025-12-29	$ 47.84	2010	273,551	-

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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 ↕
—	101 E Ridge Rd, Mcallen, TX 78503	—	-	567,513	1989	355,301	$ 85,601,042	$ 6,980,410	-
Falcon International Bank	1515 Pappas St, Laredo, TX 78041	09/05/2025	$ 1,500,000	165,876	2005	66,567	$ 20,791,196	$ 568,956	Gateway Community Health Cente
Lone Star National Bank	5501 S Mccoll Rd, Edinburg, TX 78504	08/13/2025	$ 40,000,000	480,693	2000	407,190	$ 84,010,504	$ 3,509,074	Doctors Hospital At Renaissanc
Austin County State Bank	N Cummings St, Bellville, TX 77418	07/29/2025	$ 8,478,699	256,481	2015	30,113	$ 3,294,850	$ 276,100	Bellville Hospital District
Texas Cap Community Dev Corp	4525 Glenwood Ave, Deer Park, TX 77536	07/23/2025	$ 2,000,000	380,910	1978	72,945	-	-	Cenikor Foundation
Blue Sky Bank	7330 S Staples St, Corpus Christi, TX 78414	06/02/2025	$ 1,853,180	98,691	2014	5,970	$ 2,353,554	$ 986,910	7330 S Staples Corpus Llc
Blue Sky Bank	14433 S Padre Island Dr, Corpus Christi, TX 78418	06/02/2025	$ 1,273,631	30,000	2004	5,582	$ 1,231,000	$ 330,000	14433 Sp Island Corpus Llc
Us Small Business Admn	4422 Riverstone Blvd, Missouri City, TX 77459	05/19/2025	$ 1,419,900	182,952	2011	35,266	$ 7,800,000	$ 1,070,269	American Cornerstone Health Se
First State Bank	4422 Riverstone Blvd, Missouri City, TX 77459	04/15/2025	$ 300,000	182,952	2011	35,266	$ 7,800,000	$ 1,070,269	American Cornerstone Health Se
Siemens Financial Services Inc	351 Seton Pkwy, Round Rock, TX 78665	03/26/2025	$ 16,400,000	179,337	2018	48,028	$ 14,084,331	$ 1,524,360	Scope Fn Round Rock Llc
Bokf National Association	6226 Saratoga Blvd, Corpus Christi, TX 78414	03/17/2025	$ 8,107,700	290,306	1988	68,805	$ 3,567,738	$ 2,032,128	Cimarron Retail Partners Ltd

Mean$ 10,330,304

Median$ 3,636,998.5

Loan Amount Range$ 242,144 - $ 60,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
101 E RIDGE RD, MCALLEN, TX 78503-1248	MADRID LINARES, RAUL A MD	9566326744	MEDICAL & SURGICAL SVC ORGANIZATIONS
101 E RIDGE RD, MCALLEN, TX 78503-1248	VALADEZ, ARNOLDO A	9568744747	NURSES-LICENSED-ANESTHETIST
101 E RIDGE RD, MCALLEN, TX 78503-1299	CANDANOSA, EDUARDO MD	9566326000	PHYSICIANS & SURGEONS
101 E RIDGE RD, MCALLEN, TX 78503-1248	SAVERON, FRANCIS J	9566326193	NURSES-PRACTITIONERS
101 E RIDGE RD, MCALLEN, TX 78503-1299	RIO GRANDE REGL HOSP PERSONNEL	9566326409	LABORATORIES-MEDICAL
101 E RIDGE RD, MCALLEN, TX 78503-1248	SCHWEGLER, ERIKA H MD	9566326020	PHYSICIANS & SURGEONS
101 E RIDGE RD STE B, MCALLEN, TX 78503-1848	RIO GRANDE IMAGING CTR	9566686900	X-RAY LABORATORIES MEDICAL & DENTAL
101 E RIDGE RD, MCALLEN, TX 78503-1299	VALENCIA, JOSE L MD	9566326405	PHYSICIANS & SURGEONS
101 E RIDGE RD STE B, MCALLEN, TX 78503-1848	TEXAS CARDIAC ARRHYTHMIA MCLLN	9569949997	MEDICAL CENTERS
101 E RIDGE RD, MCALLEN, TX 78503-1299	GUNADI, IRWAN K MD	9566302225	MEDICAL & SURGICAL SVC ORGANIZATIONS

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License Details

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