Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Retail space
12240 Pellicano Dr El Paso, TX 79936-6834
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US82-4498143
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
8,761 SF
Lot
1.49 ac (64,992 SF)
Zoning code
C4
APN
P661-999-0010-0850
UPID
US82-4498143
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
-
Nails By Karina Briones Nail Salon
-
Kevin G's Barbershop Barber Shop
-
Carlito the Barber Barber Shop
-
Be a Gem Salon Hair Salon Nail Salon
-
Beauty Escape Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$980k
Owner & transaction history
Barragans Real Estate Group · 17 yrs held
Barragans Real Estate Group
since 2008
4 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$1.2M
+55.0%
Auto repair, garage
$1.2M
+51.9%
Office building
$930,000
+20.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,410,000
6.5%
$1,300,000
7%
$1,210,000
Alternative Use
Use
Estimation
RETAIL STORES
$775,000
Current use
RESTAURANT
$1,200,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,175,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$930,000
Change: +20% · Conversion: Easy
COMMERCIAL (GENERAL)
$830,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$815,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$112 / 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
$51,345
Tax year 2023
Assessed value
$1,783,531
Assessed 2023
Previous assessed
$1,783,531
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$703,950
Assessed improvement
$1,079,581
Land market value
$703,950
Improvement market value
$1,079,581
Total market value
$1,783,531
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
8,761 SF
Lot
1.49 ac (64,992 SF)
Zoning code
C4
APN
P661-999-0010-0850
UPID
US82-4498143
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TXZoning 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
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$775,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$830,000
MEDICAL BUILDING
Est. value
$815,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL 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
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Barragans Real Estate Group
Entity
Mailing address
533 SHARONDALE DR, EL PASO, TX 79912-4211
Ownership since
2008
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
Jul 6, 2020
—
Temp Glass INC
—
Deed
related
$700,000 · Weststar Bk
Sep 16, 2008
—
Barragans Real Estate Group
Barragans Hair Salon & Day Spa INC
Venders Lien
$900,000 · United Bank Of El Paso Del Norte
—
—
Barragans Real Estate Group
—
Deed Of Trust
related
$739,000 · North Texas Certified Dev Corp
—
—
Temp Glass INC
—
Loan Modification
related
$700,000 · 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.
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?”
You own 12240 Pellicano Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
