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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Specialty properties
1220 Airway Blvd El Paso, TX 79925-3621
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4261160
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1964
Total area
7,900 SF
Lot
0.69 ac (30,200 SF)
Zoning code
C4S
APN
I427-999-0020-2500
UPID
US83-4261160
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
-
EI Paso Animal Emergency Center Veterinary Clinic
-
Dvmneedles: Craig Delores T DVM Veterinary Clinic
-
DVMNeedles Veterinary Clinic
-
Peter Matthew Koplos Veterinary Clinic
-
Flores Tiffany Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$895k
Owner & transaction history
Airway Blvd · 19 yrs held
Airway Blvd
since 2006
6 recorded transactions
Zoning & alternative use
C4S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+8.2%
Restaurant
$1.0M
+5.2%
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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$980,000
Current use
AUTO REPAIR, GARAGE
$1,060,000
Change: +8% · Conversion: Difficult
RESTAURANT
$1,030,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$113 / 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
$42,954
Tax year 2023
Assessed value
$1,552,803
Assessed 2023
Previous assessed
$1,552,803
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$454,512
Assessed improvement
$1,098,291
Land market value
$454,512
Improvement market value
$1,098,291
Total market value
$1,552,803
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
7,900 SF
Lot
0.69 ac (30,200 SF)
Zoning code
C4S
APN
I427-999-0020-2500
UPID
US83-4261160
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.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$835,000
VETERINARY, ANIMAL HOSPITAL Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
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
1964
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Airway Blvd
Individual
Mailing address
403 CHELSEA ST, EL PASO, TX 79905-1707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2020
—
Airway Blvd LP
—
Deed
related
$549,200 · Pebble Hills Plaza II
Oct 13, 2006
—
Airway Blvd
Koplos,peter M
Grant Deed
—
Oct 20, 2004
—
Peter M Koplos
Camino Alegre INC
Warranty Deed
$1,227,500 · Wachovia Sba Lending INC
—
—
Airway Blvd LP
—
Deed Of Trust
related
$840,000 · East West Bank
—
—
Airway Blvd LP
—
Deed Of Trust
related
$1,780,000 · East West Bank
—
—
Airway Blvd LP
—
Deed Of Trust
related
$549,200 · Pebble Hills Plaza II
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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