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Property profile & analytics
FOR LEASE
Grocery and convenience stores
201 S Americas Ave El Paso, TX 79907
Entity Owned
8-yr Hold
Free & Clear
Property ID
US82-1407880
For Lease
1 / 2
$515,000
201 S Americas Ave, El Paso, TX 79907
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Total area
3,028 SF
Lot
0.66 ac (28,558 SF)
Zoning code
C4S
APN
S641-999-0010-2900
UPID
US82-1407880
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
-
America Fashion Clothing & Fashion Store
-
Western-Shamrock Finance Loan Service
-
Academy Sports + Outdoors (Bike/Boat/Book/etc) Store
-
Veronica's Hair Salon Hair Salon Nail Salon
-
MelekUSA Americas Currency Exchange Service Check Cashing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$515k
Owner & transaction history
Gty-epp Leasing LLC · 8 yrs held
Gty-epp Leasing LLC
since 2017
2 recorded transactions
Zoning & alternative use
C4S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$500,000
+38.0%
Auto repair, garage
$405,000
+12.4%
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
$515,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
RETAIL STORES
$360,000
Current use
MEDICAL BUILDING
$500,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$405,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$320,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$315,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$170 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$20,641
Tax year 2019
Assessed value
$778,862
Assessed 2023
Previous assessed
$778,862
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$299,858
Assessed improvement
$479,004
Land market value
$299,858
Improvement market value
$479,004
Total market value
$778,862
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,028 SF
Lot
0.66 ac (28,558 SF)
Zoning code
C4S
APN
S641-999-0010-2900
UPID
US82-1407880
Jurisdiction
EL PASO
Zoning & alternative use
C4S · El Paso, TX
Zoning C4S · permitted uses
C4S · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$360,000
MEDICAL BUILDING
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$405,000
OFFICE BUILDING
Est. value
$320,000
COMMERCIAL (GENERAL)
Est. value
$315,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Gty-epp Leasing LLC
Entity
Free & Clear · 8 yrs held
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2017
—
Gty-epp Leasing LLC
Big Diamond LLC
Grant Deed
related
—
Oct 13, 2010
—
Big Diamond INC
Diamond Shamrock Stations INC
Quit Claim Deed
—
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?”
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