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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Strip malls
11620 Pellicano Dr El Paso, TX 79936-6278
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2858930
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
WOOD
Total area
11,886 SF
Lot
1.43 ac (62,247 SF)
Zoning code
C4
APN
V893-999-3540-0160
UPID
US82-2858930
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
-
dc gastro konsult Physician
-
Dr. Ikedieze I. Chukwu Physician
-
Dr. Francis Okeke Physician
-
Regent Cross Medical Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$600k
Owner & transaction history
Vic El Paso LLC · 6 yrs held
Vic El Paso LLC
since 2019
7 recorded transactions
Zoning & alternative use
C4 · 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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Current use
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$50 / 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
$31,240
Tax year 2023
Assessed value
$1,073,380
Assessed 2023
Previous assessed
$1,073,380
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$581,186
Assessed improvement
$492,194
Land market value
$581,186
Improvement market value
$492,194
Total market value
$1,073,380
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,886 SF
Lot
1.43 ac (62,247 SF)
Zoning code
C4
APN
V893-999-3540-0160
UPID
US82-2858930
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TX
Zoning C4 · permitted uses
C4 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER 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
2019
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Vic El Paso LLC
Entity
Mailing address
1393 GEORGE DIETER DRD, EL PASO, TX 79936-7410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
—
Vic El Paso LLC
Solar Real Estate Ents INC
Warranty Deed
related
—
Sep 19, 2018
—
U & I Real Estate Holding LLC
—
Deed
related
$1,529,240 · First National 1870
May 15, 2017
—
U & I Real Estate Holding LLC
East Pointe Vista LLC
Grant Deed
$405,000 · Capital Bk Ssb
Mar 30, 2017
—
East Pointe Vista LLC
—
Deed
related
$424,000 · Weststar Bk
Feb 5, 2016
—
East Pointe Vista LLC
Investments Builders INC
Grant Deed
related
—
Jun 11, 2009
—
Investment Builders INC
Roitblat Family Trust
Grant Deed
—
—
—
East Point Vista LLC
—
Deed Of Trust
related
$424,000 · First Nat'l Bk
—
—
East Pointe Vista LLC
—
Loan Modification
related
$424,000 · Weststar Bk
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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