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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Specialty properties
12343 Paseo Nuevo Dr El Paso, TX 79928-5668
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-4852212
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2007
Total area
4,960 SF
Lot
0.75 ac (32,544 SF)
Zoning code
C4
APN
P586-999-0010-2120
UPID
US82-4852212
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
-
Vienna Ballroom and Garden Wedding Service
-
Vienna Ballroom & Garden Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$555k
Owner & transaction history
Solis & Sons Enterprises LLC · 7 yrs held
Solis & Sons Enterprises LLC
since 2019
3 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$725,000
+75.0%
Auto repair, garage
$665,000
+61.1%
Retail stores
$625,000
+51.8%
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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$415,000
Current use
COMMERCIAL (GENERAL)
$725,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$27,646
Tax year 2023
Assessed value
$960,323
Assessed 2023
Previous assessed
$960,323
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$158,489
Assessed improvement
$801,834
Land market value
$158,489
Improvement market value
$801,834
Total market value
$960,323
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
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
4,960 SF
Lot
0.75 ac (32,544 SF)
Zoning code
C4
APN
P586-999-0010-2120
UPID
US82-4852212
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$665,000
RETAIL STORES
Est. value
$625,000
MEDICAL BUILDING
Est. value
$590,000
OFFICE BUILDING
Est. value
$525,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2007
Heating
NONE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Solis & Sons Enterprises LLC
Entity
Free & Clear · 7 yrs held
Mailing address
12343 PASEO NUEVO DR, EL PASO, TX 79928-5668
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2019
—
Solis & Sons Enterprises LLC
Ruben R Luevano
Warranty Deed
—
Sep 27, 2005
—
Ruben R Luevano
Owner Name Unavailable
Grant Deed
related
—
—
—
Ruben R Luevano
—
Deed Of Trust
related
$275,000 · Firstlight FCU
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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