New search
Property profile & analytics
FOR LEASE
Distribution centers
11970 Pellicano Dr El Paso, TX 79936
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-3043245
For Lease
1 / 4
$1,285,000
11970 Pellicano Dr, El Paso, TX 79936
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Total area
199,158 SF
Lot
12.96 ac (564,320 SF)
Zoning code
C4S
APN
V893-999-5400-0310
UPID
US82-3043245
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
-
Harman Becker Automotive Systems Distribution Center Logistics Company
-
Regal Beloit Corporation Car Dealership
-
Robert Bosch LLC Warehouse & Storage
-
Bosch Receiving Dept. Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.29M
Owner & transaction history
Bcore Jupiter Tx LLC · 6 yrs held
Bcore Jupiter Tx LLC
since 2019
2 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
Method
Estimation
Statistic approach
by Request
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±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
$6 / 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
$146,203
Tax year 2023
Assessed value
$5,078,529
Assessed 2023
Previous assessed
$5,078,529
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$1,213,312
Assessed improvement
$3,865,217
Land market value
$1,213,312
Improvement market value
$3,865,217
Total market value
$5,078,529
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1995
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
199,158 SF
Lot
12.96 ac (564,320 SF)
Zoning code
C4S
APN
V893-999-5400-0310
UPID
US82-3043245
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
1995
Heating
SPACE
Cooling
Yes
Stories
1
Lot
12.96 ac
Current owner
From public records · entity-resolved
Bcore Jupiter Tx LLC
Entity
Free & Clear · 6 yrs held
Mailing address
90 PARK AVE FL, NEW YORK, NY 10016-1301
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2019
—
Bcore Jupiter Tx LLC
Icon Owner Pool 6 El Paso LLC
Grant Deed
—
Dec 2, 2010
—
Bre Of Tx Industrial Props LLC
Prologis
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
