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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Assisted living facilities
1831 Murchison Dr El Paso, TX 79902-2917
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-3139123
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
WOOD
Total area
100,563 SF
Lot
7.29 ac (317,640 SF)
Zoning code
A3O
APN
X293-999-F00A-5425
UPID
US82-3139123
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
-
Golden Age Senior Care Community Center
-
Marina I. Menchaca, PT Physician
-
Mohanad’s Studio Apartment Building
-
Kimberly S. Davis, OT Physician
-
SunRidge at Palisades Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.54M
Owner & transaction history
Tx Alza Dwellings LLC · 4 yrs held
Tx Alza Dwellings LLC
since 2022
6 recorded transactions
Zoning & alternative use
A3O · 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
$75 / 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
$204,930
Tax year 2023
Assessed value
$7,408,280
Assessed 2023
Previous assessed
$7,408,280
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$867,144
Assessed improvement
$6,541,136
Land market value
$867,144
Improvement market value
$6,541,136
Total market value
$7,408,280
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
100,563 SF
Lot
7.29 ac (317,640 SF)
Zoning code
A3O
APN
X293-999-F00A-5425
UPID
US82-3139123
Jurisdiction
EL PASO
Zoning & alternative use
A3O · El Paso, TXZoning A3O · permitted uses
A3O · 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
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
7.29 ac
Current owner
From public records · entity-resolved
Tx Alza Dwellings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1240 E 2100TH S STE #300, SALT LAKE CITY, UT 84106-2817
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Tx Alza Dwellings LLC
Jason Barreras
Special Warranty Deed
—
May 10, 2021
—
1831 Murchison LLC
—
Deed
related
$5,127,500 · First American Bank
Jan 31, 2020
—
1831 Murchison LLC
Franklin Property Co Of Palasades
Grant Deed
related
—
Dec 19, 2011
—
Franklin Property Co Of Palisa
Emerichip El Paso LP
Grant Deed
$16,500,000 · General Electric Capital Corp
Aug 24, 2007
—
Emerichip El Paso
Texas Hcp Holding
Grant Deed
—
—
—
Franklin Prop Co Of Palisades LLC
—
Loan Modification
related
$28,000,000 · General Electric Capital Corp
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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