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Property profile & analytics
FOR LEASE
Showrooms
1138 Barranca Dr, El Paso, TX 79935
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1235462
For Lease
1 / 2
$2,340,000
1138 Barranca Dr, El Paso, TX 79935
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Total area
110,960 SF
Lot
6.55 ac (285,492 SF)
Zoning code
C4S
APN
V893-999-0130-3000
UPID
US82-1235462
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
-
Pilot Freight Services Freight Service Logistics Company
-
Arrow Freight Management Inc Trucking Company
-
Stagecoach Cartage & Distribution Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.34M
Owner & transaction history
Logika Properties LLC · 5 yrs held
Logika Properties LLC
since 2020
4 recorded transactions
Zoning & alternative use
C4S · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$21 / 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
$64,874
Tax year 2023
Assessed value
$2,229,030
Assessed 2023
Previous assessed
$2,229,030
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$725,173
Assessed improvement
$1,503,857
Land market value
$725,173
Improvement market value
$1,503,857
Total market value
$2,229,030
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1971
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
110,960 SF
Lot
6.55 ac (285,492 SF)
Zoning code
C4S
APN
V893-999-0130-3000
UPID
US82-1235462
Jurisdiction
EL PASO
Zoning & alternative use
C4S · El Paso, TX
Zoning C4S · permitted uses
C4S · 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.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
6.55 ac
Current owner
From public records · entity-resolved
Logika Properties LLC
Entity
Mailing address
3215 STECK AVE STE #101, AUSTIN, TX 78757-8060
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
—
Logika Properties LLC
W Wellfield Company
Grant Deed
$4,000,000 · Vantage Bk
Dec 29, 2014
—
Logika Properties LLC
Mma-el Partners LP
Grant Deed
$1,157,560 · International Bk
—
—
Mma-el Paso Partners LP
—
Deed Of Trust
related
$877,452 · J P Morgan Chase Bank
—
—
Logika Properties LLC
—
Deed Of Trust
related
$955,000 · Enchantment Land Certified Dev
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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