New search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Showrooms
1741 Cherrington St Socorro, TX 79928-5607
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-5333955
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Total area
4,908 SF
Lot
4.23 ac (184,389 SF)
APN
G195-000-0080-0550
UPID
US82-5333955
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Smjb Enterprises LLC · 2 yrs held
Smjb Enterprises LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Socorro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Socorro 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
$455,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
AUTO REPAIR, GARAGE
$660,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$620,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$585,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$118 / 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
$24,947
Tax year 2023
Assessed value
$923,976
Assessed 2023
Previous assessed
$923,976
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$98,734
Assessed improvement
$825,242
Land market value
$98,734
Improvement market value
$825,242
Total market value
$923,976
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Total area
4,908 SF
Lot
4.23 ac (184,389 SF)
APN
G195-000-0080-0550
UPID
US82-5333955
Jurisdiction
EL PASO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$660,000
RETAIL STORES
Est. value
$620,000
MEDICAL BUILDING
Est. value
$585,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
YES
Cooling
Yes
Stories
1
Lot
4.23 ac
Current owner
From public records · entity-resolved
Smjb Enterprises LLC
Entity
Mailing address
4504 BAY WILLOW WAY, EL PASO, TX 79922-2243
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
—
Smjb Enterprises LLC
Cyndi Brown And Gregg Brown LLC
Warranty Deed
—
Sep 14, 2016
—
Smjb Ents LLC
Trans-expedite
Grant Deed
$480,000 · Security Svc FCU
Apr 4, 2012
—
Trans-expedite 1741 Cherringto
Trans-expedite 1741 Cherring
Quit Claim Deed
$531,000 · Texas Citizens Bank NA
Dec 16, 2011
—
Trans-expedite 1741 Cherringto
El Paso Zeco Properties LP
Warranty Deed
$531,000 · Texas Citizens Bank NA
Oct 12, 2007
—
El Paso Zeco Properties
—
Trustees Deed
related
$430,000 · State National Bank
Dec 8, 2006
—
El Paso Zeco Properties
Kilough,cheryl
Warranty Deed
—
—
—
Ida L Duke
—
Deed Of Trust
related
$7,000 · Individual
—
—
El Paso Zeco Properties
—
Deed Of Trust
related
$50,000 · 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.
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 1741 Cherrington St?
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.
