Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1890 Zaragoza Rd El Paso, TX 79936-7911
    Back to Search
    Property profile & analytics

    1890 Zaragoza Rd, El Paso, TX 79936-7911

    View on Map
    • Drive through restaurants
    • 2,673 SF
    • 0.83 lot acres
    Off-Market
    Last Sale Feb 5, 2025
    Property ID
    US83-3026785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wendy's / Restaurant / Take-out & Catering

    Property Details for 1890 Zaragoza Rd

    Year built
    1995
    Construction
    WOOD
    Lot size
    0.83 lot acres
    Zone code
    C4S
    Property type
    Drive through restaurants
    APN
    E063-999-0020-0100
    APU
    E06399900200100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 5, 2025 — Texas Transportation Commission El Paso Electric Company Quitclaim Deed · related —
    Aug 9, 2022 — Dual Enterprises LLC Skrh LLC Venders Lien $2.7M · Skrh LLC
    Nov 14, 2017 — Texas Transportation Commissio Anderson Street LLC Grant Deed —
    Dec 6, 2011 — Anderson Street LLC Gfe II LLC Grant Deed · related —
    Nov 30, 2007 — Gfe II LLC Cnl Net Lease Funding 2003 LLC Grant Deed —
    Apr 6, 2006 — Cnl Net Lease Funding 2003 LLC Wendpaso Corp Special Warranty Deed $2.9M · Wells Fargo Bank NA
    Aug 7, 2000 — Wendpaso Corp — Deed Of Trust · related $2.8M · Fleet Business Credit Corp
    — — Rg Family Ents LLC — Deed Of Trust · related $1.9M · First Place Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.27
    Latitude
    31.7594
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,208
    $679,117
    $613,333
    $1,292,450
    -
    $679,117
    $613,333
    $1,292,450

    Comparable in this City

    • Value Estimation by Request
      1,872 SF

      11330 Montwood Dr, Unit D

      DRIVE-THRU RESTAURANT, FAST FOOD
      11330 Montwood Dr, El Paso, TX 79936-4383
      View Details
    • Value Estimation by Request
      2,448 SF

      1820 Joe Battle Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1820 Joe Battle Blvd, El Paso, TX 79936-0962
      View Details
    • Value Estimation by Request
      3,674 SF

      1777 Lee Trevino Dr

      DRIVE-THRU RESTAURANT, FAST FOOD
      1777 Lee Trevino Dr, El Paso, TX 79936-4523
      View Details
    • Value Estimation
      $585,000
      3,385 SF

      1887 Zaragoza Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1887 Zaragoza Rd, El Paso, TX 79936-7912
      View Details
    • Value Estimation by Request
      1,700 SF

      1881 Joe Battle Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1881 Joe Battle Blvd, El Paso, TX 79936-0962
      View Details
    • Value Estimation by Request
      1,894 SF

      1893 Lee Trevino Dr

      DRIVE-THRU RESTAURANT, FAST FOOD
      1893 Lee Trevino Dr, El Paso, TX 79936-4111
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,294 SF

      Commercial Retail Center on Joe Battle

      Versatile commercial property with high visibility and accessibility on Loop 375.
      3261 Joe Battle Blvd, El Paso, TX 79936
      View Details
    • $159,000
      2,400 SF

      Established Restaurant and Bar Business

      Operating restaurant and bar business for sale in El Paso.
      1441 N Zaragoza Rd, El Paso, TX 79936
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near Fort Bliss

      Retail property near Fort Bliss and residential areas.
      12020 Montana Ave, El Paso, TX 79936
      View Details
    • Contact for pricing
      4,762 SF

      Retail Property in El Paso

      Retail property with 4762 square feet available for sale.
      12111 Montwood Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      2,824 SF

      Retail Property on Lee Trevino

      Retail property available for sale on N Lee Trevino.
      1420 N Lee Trevino Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      58,000 SF

      Retail Property in El Paso

      Retail property available for sale in El Paso, Texas.
      11231 Les Peterson Ln, El Paso, TX 79936
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center in East El Paso

      Retail center with dining, shopping, and personal care services.
      11360 Montwood Dr, El Paso, TX 79936
      View Details
    • $27 SF/Yr
      64,904 SF

      Restaurant Space For Lease

      Move-in ready restaurant space in East El Paso, Texas.
      11950 Montana Ave, El Paso, TX 79936
      View Details
    • Contact for pricing

      East El Paso Retail Plaza

      Retail shopping complex in El Paso's booming east side.
      1475 George Dieter Dr, El Paso, TX 79936
      View Details
    • Contact for pricing

      El Paso Retail/Medical Spaces

      Shopping center with retail and medical spaces available for lease.
      1816 N Zaragoza Rd, El Paso, TX 79936
      View Details
    • Contact for pricing

      Retail and Office Suites Available

      Neighborhood retail and office suites in East El Paso.
      11345 Montwood Dr, El Paso, TX 79936
      View Details
    • Contact for pricing

      El Paso Retail Spaces Available

      Retail spaces available ranging from 1,160 to 3,645 SqFt.
      1331 George Dieter Dr, El Paso, TX 79936
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1890 Zaragoza Rd
    El Paso, TX 79936-7911
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1890 Zaragoza Rd, El Paso, TX, 79936
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!