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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Medical Office Space
1601 Mesa St El Paso, TX 79902-3527
Entity Owned
2-yr Hold
Free & Clear
Property ID
US83-3651636
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
WOOD
Total area
5,375 SF
Lot
0.31 ac (13,421 SF)
Zoning code
SD
APN
A462-999-0560-0100
UPID
US83-3651636
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
-
Syed Ather Yusoof Pediatrician Physician
-
Ramos Mary Employment Agency
-
Axess Multimedia El Paso TX Marketing & Advertising Advertising Agency
-
Panacea Ideal Weight Management Weight Loss Service
-
Monster Link Marketing Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$775k
Blend (final)
Blend
$755k
Owner & transaction history
Stella Desertum LLC · 2 yrs held
Stella Desertum LLC
since 2024
7 recorded transactions
Zoning & alternative use
SD · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Apartment house (5+ units)
$1.2M
+114.9%
Restaurant
$775,000
+38.6%
Auto repair, garage
$720,000
+28.7%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$560,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,205,000
Change: +115% · Conversion: Moderate
RESTAURANT
$775,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$690,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$140 / 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
$20,747
Tax year 2023
Assessed value
$750,000
Assessed 2023
Previous assessed
$750,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$285,175
Assessed improvement
$464,825
Land market value
$285,175
Improvement market value
$464,825
Total market value
$750,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
5,375 SF
Lot
0.31 ac (13,421 SF)
Zoning code
SD
APN
A462-999-0560-0100
UPID
US83-3651636
Jurisdiction
EL PASO
Zoning & alternative use
SD · El Paso, TXZoning SD · permitted uses
SD · 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
MEDICAL BUILDING Current
Est. value
$560,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RESTAURANT
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$560,000
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Stella Desertum LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7241 ROCHESTER DR, EL PASO, TX 79912-1523
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
—
Stella Desertum LLC
—
Deed
related
—
Jul 16, 2024
—
Stella Desertum LLC
Gasa Properties INC
Venders Lien
—
Jan 17, 2023
—
Gasa Properties INC
George L Hermann Living Trust
Venders Lien
$741,750 · First Savings Bank
Oct 23, 2017
—
Hermann,george L Living Trust
Martinez,hector D
Warranty Deed
related
—
Oct 3, 2017
$310,000
Hector D Martinez
Stevenson Casey S|rahman Properties LP
Trustees Deed
related
$310,000 · Uch 401 K (ct)
Sep 4, 2003
—
Rahman Properties LP
El Paso Secured Investments Lt
Grant Deed
$586,500 · State National Bank
Apr 29, 1998
—
Ron Morgan
Lotito,vincent
Grant Deed
$215,000 · Seller
—
—
Syed A Yusoof
—
Deed Of Trust
related
$225,000 · State National Bank
—
—
Syed A Yusoof
—
Deed Of Trust
related
$225,000 · State National Bank
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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