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Property profile & analytics
FOR LEASE
Medical Office Space
1900 N Mesa St El Paso, TX 79902
Individually Owned
~
Est. High Equity
Property ID
US82-0236887
For Lease
1 / 2
Contact for pricing
1900 N Mesa St, El Paso, TX 79902
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1988
Construction
WOOD
Total area
5,265 SF
Lot
0.47 ac (20,617 SF)
Zoning code
A0S
APN
A462-999-1140-8100
UPID
US82-0236887
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
-
Akai Comprehensive Pediatrics Medical Clinic
-
Divine Mental Healthcare Services, LLC Crisis Center Medical Clinic
-
Ms. Taneka Wilborn Physician
-
Angela Wooley Physician
-
Meridian Medical & Associates, LLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$745k
Owner & transaction history
Michael I Nnebe
Michael I Nnebe
since 2025
7 recorded transactions
Zoning & alternative use
A0S · 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
$760,000
+38.6%
Auto repair, garage
$705,000
+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
$550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,180,000
Change: +115% · Conversion: Moderate
RESTAURANT
$760,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$142 / 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
$18,000
Tax year 2023
Assessed value
$650,700
Assessed 2023
Previous assessed
$650,700
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$515,450
Assessed improvement
$135,250
Land market value
$515,450
Improvement market value
$135,250
Total market value
$650,700
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 CLINIC
Status
For Lease
Year built
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,265 SF
Lot
0.47 ac (20,617 SF)
Zoning code
A0S
APN
A462-999-1140-8100
UPID
US82-0236887
Jurisdiction
EL PASO
Zoning & alternative use
A0S · El Paso, TXZoning A0S · permitted uses
A0S · 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
$550,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RESTAURANT
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$545,000
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
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Michael I Nnebe
Individual
Mailing address
1900 N MESA ST, EL PASO, TX 79902-3309
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
Michael I Nnebe
Akai Enterprises LLC
Warranty Deed
—
Nov 14, 2024
—
Akai Enterprises LLC
—
Deed
related
$150,000 · City Bank
Mar 21, 2019
—
Akai Ents LLC
—
Deed
related
$50,000 · Weststar Bk
Mar 4, 2013
—
Akai Ents LLC
Ibarra Family LP
Warranty Deed
$1,000,000 · Ibarra Family LP
Jul 15, 2003
—
Ibarra Family LP
Lozano,tr
Grant Deed
related
—
—
—
Akai Ents LLC
—
Deed Of Trust
related
$50,000 · Weststar Bk
—
—
Akai Ents LLC
—
Deed Of Trust
related
$890,000 · Weststar Bk
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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