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Property profile & analytics
FOR SALE
Medical Office Space
116 W Castellano Dr El Paso, TX 79912
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-4288118
For Sale
1 / 2
$2,000,000
116 W Castellano Dr, El Paso, TX 79912
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
WOOD
Total area
2,400 SF
Lot
0.14 ac (6,233 SF)
Zoning code
C3
APN
C227-999-0010-0175
UPID
US82-4288118
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
-
Cardinal Health Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lt & J Ents LLC · 12 yrs held
Lt & J Ents LLC
since 2014
4 recorded transactions
Zoning & alternative use
C3 · 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
—
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
$7,331
Tax year 2023
Assessed value
$265,000
Assessed 2023
Previous assessed
$265,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$54,849
Assessed improvement
$210,151
Land market value
$54,849
Improvement market value
$210,151
Total market value
$265,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1999
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,400 SF
Lot
0.14 ac (6,233 SF)
Zoning code
C3
APN
C227-999-0010-0175
UPID
US82-4288118
Jurisdiction
EL PASO
Zoning & alternative use
C3 · El Paso, TX
Zoning C3 · permitted uses
C3 · 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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lt & J Ents LLC
Entity
Mailing address
51 W 3RD STE110, TEMPE, AZ 85281-2831
Ownership since
2014
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
Apr 10, 2026
—
Lt & J Enterprises LLC
—
Deed
related
$600,000
Feb 7, 2014
—
Lt & J Ents LLC
El Paso Gec Ents LLC
Grant Deed
related
—
—
—
Lt & J Ents LLC
—
Deed Of Trust
related
$1,520,000 · City Bk
—
—
El Paso Gec Ents LLC
—
Deed Of Trust
related
$1,100,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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