Entity Owned Property summary
AI-generated overview
Redd Road Plaza, located at 120 Redd Rd, El Paso, TX 79932, offers a prime retail opportunity. This 9,600 square foot center features eight individual suites, with two currently available. The property boasts a highly desirable C-4 SC zoning classification, making it suitable for a variety of retail uses. Its strategic location on Redd Road, just off Doniphan Drive in the Upper Valley, ensures high visibility and accessibility. The plaza benefits from significant vehicular traffic throughout the day, including evenings and weekends, providing excellent exposure to potential customers. Its proximity to Interstate 10, Artcraft Road, and North Mesa Street further enhances its convenience and accessibility. The available spaces offer a combined 1,200 square feet, presenting a flexible layout adaptable to various retail businesses. This well-situated retail center provides a strong foundation for success in a vibrant El Paso market. The property is ideal for businesses seeking high visibility and convenient access to major thoroughfares and residential areas. Serious inquiries are encouraged to explore this exceptional retail investment opportunity.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
9,600 SF
Lot
0.92 ac (40,019 SF)
Zoning code
C4S
APN
R300-999-0010-0200
UPID
US82-4824066
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Training Center Vocational School
-
Insurance Agency
-
Barber Shop
-
(Bike/Boat/Book/etc) Store
-
Hair Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$495k
Owner & transaction history
since 2012
5 recorded transactions
Zoning & alternative use
C4S · El Paso, TX
Top alternative use upside
Medical building
$990,000
+61.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$495k
Value range
$446k – $545k
±10% around blend
Estimated value / SF
$52 / SF
Confidence
Property data
100
Comparable evidence
60
$446k
blend $495k
$545k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,600 SF
Lot area
0.92 ac
Year built
2005
Stories
1
APN
R300-999-0010-0200
Zoning
C4S
Assessed value
$828,787
Annual tax
$22,926
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$729k
Range $408k – $843k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$495k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+61%
vs current-use indication
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$829k
Move the market yield to see immediate price impact.
Value / SF
$86
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$52k
$1.04M
$746k
$580k
$58k
$1.16M
$829k
$645k
$64k
$1.28M
$912k
$709k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,926
Tax year 2023
Assessed value
$828,787
Assessed 2023
Previous assessed
$828,787
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$286,933
Assessed improvement
$541,854
Land market value
$286,933
Improvement market value
$541,854
Total market value
$828,787
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2005
Heating
FORCED AIR
Stories
1
Total area
9,600 SF
Lot
0.92 ac (40,019 SF)
Zoning code
C4S
APN
R300-999-0010-0200
UPID
US82-4824066
Jurisdiction
EL PASO
Zoning & alternative use
C4S · El Paso, TXZoning C4S · permitted uses
C4S · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Stories
1
Lot
0.92 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4S
Jurisdiction
El Paso, TX
Recorded code
C4S
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C4S in El Paso, TX.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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