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Property profile & analytics
OFF-MARKET
Retail space
124 Mesa St El Paso, TX 79901-2304
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3654079
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Total area
900 SF
Lot
0.02 ac (910 SF)
Zoning code
C5
APN
M473-999-0240-8500
UPID
US83-3654079
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
-
Invitations By Camarena Studio Wedding Service Photography Service
-
Photo Poster Photography Service (Bike/Boat/Book/etc) Store
-
geigo Financial Advisor Insurance Agency
-
Camarena Studio Wedding Service Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mills Plaza Properties Divest · 6 yrs held
Mills Plaza Properties Divest
since 2020
2 recorded transactions
Zoning & alternative use
C5 · El Paso, TX
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,323
Tax year 2023
Assessed value
$45,832
Assessed 2023
Previous assessed
$45,832
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$27,270
Assessed improvement
$18,562
Land market value
$27,270
Improvement market value
$18,562
Total market value
$45,832
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
1939
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Stories
1
Total area
900 SF
Lot
0.02 ac (910 SF)
Zoning code
C5
APN
M473-999-0240-8500
UPID
US83-3654079
Jurisdiction
EL PASO
Zoning & alternative use
C5 · El Paso, TXZoning C5 · permitted uses
C5 · 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
Building & site characteristics
From public records
Year built
1939
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Mills Plaza Properties Divest
Entity
Free & Clear · 6 yrs held
Mailing address
6471 CALLE DEL SOL DR, EL PASO, TX 79912-7523
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 3, 2020
—
Mills Plaza Properties Divest
Ep Overland Of Stanton Joint Vent
Grant Deed
related
—
Apr 19, 2007
—
Ep Overland Of Stanton
Kory,ofelia G
Warranty 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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