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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Individual retail properties
1020 Belvidere St, El Paso, TX 79912-2426
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-8733887
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2020
Construction
WOOD
Total area
24,391 SF
Lot
2.33 ac (101,538 SF)
Zoning code
C1
APN
C340-999-067A-0400
UPID
US82-8733887
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
-
Zest Restaurant
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Kinective Physical Therapy Medical Clinic
-
Kinective Fitness Club Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$955k
Owner & transaction history
Enchantment Land Certifield Dev Co · 3 yrs held
Enchantment Land Certifield Dev Co
since 2022
7 recorded transactions
Zoning & alternative use
C1 · El Paso, TX
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 El Paso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Paso 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
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$890,000
Current use
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$39 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$151,811
Tax year 2023
Assessed value
$5,488,000
Assessed 2023
Previous assessed
$5,488,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$410,121
Assessed improvement
$5,077,879
Land market value
$410,121
Improvement market value
$5,077,879
Total market value
$5,488,000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Total area
24,391 SF
Lot
2.33 ac (101,538 SF)
Zoning code
C1
APN
C340-999-067A-0400
UPID
US82-8733887
Jurisdiction
EL PASO
Zoning & alternative use
C1 · El Paso, TX
Zoning C1 · permitted uses
C1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$890,000
GYM, HEALTH SPA Current
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
2020
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Enchantment Land Certifield Dev Co
Entity
Mailing address
5468 CACTUS HL DR, EL PASO, TX 79912-6307
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Enchantment Land Certifield Dev Co
Nimar Properties LLC
Correction Deed
related
$12,500,000 · Weststar Bank
Sep 7, 2017
—
Amd Capital LLC
Raimundo,portilla F
Grant Deed
related
—
Sep 5, 2017
—
Raimundo F Portilla
Portilla,jose M F
Quit Claim Deed
related
—
Mar 11, 1997
—
Bobby D Cox
Texas Tierra I Ltd
Grant Deed
related
—
—
—
Raimundo F Portilla
—
Deed Of Trust
related
$50,000 · First National Bank
—
—
Raimundo F Portilla
—
Deed Of Trust
related
$249,000 · Pioneer Bank & Trust
—
—
Frontier 2000 Mtg & Loan INC
—
Deed Of Trust
related
$260,000 · Gilbert JR Malooly
—
—
Portilla,f Raimundo & F Jose M
—
Deed Of Trust
related
$300,000 · Capital Bk Ssb
—
—
Raimundo F Portilla
—
Deed Of Trust
related
$200,000 · Bank Of The West
—
—
Raimundo F Portilla
—
Deed Of Trust
related
$170,000 · 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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