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Property profile & analytics
OFF-MARKET
Bars & Pubs
204 Palm St El Paso, TX 79901-2115
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US83-2718677
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1956
Construction
WOOD
Total area
5,641 SF
Lot
0.14 ac (5,998 SF)
Zoning code
C4
APN
B202-999-0500-3100
UPID
US83-2718677
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
-
La Mina Bar & Night Club Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raymundo Delgado · 9 yrs held
Raymundo Delgado
since 2017
6 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
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 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
—
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
$4,149
Tax year 2023
Assessed value
$149,998
Assessed 2023
Previous assessed
$149,998
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$37,500
Assessed improvement
$112,498
Land market value
$37,500
Improvement market value
$112,498
Total market value
$149,998
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
5,641 SF
Lot
0.14 ac (5,998 SF)
Zoning code
C4
APN
B202-999-0500-3100
UPID
US83-2718677
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TX
Zoning C4 · permitted uses
C4 · 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.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Raymundo Delgado
Individual
Mailing address
752 VILLA FLORES DR, EL PASO, TX 79912-1525
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2017
—
Raymundo Delgado
Carzoli,gilbert
Warranty Deed
$150,000 · Gilbert Carzoli
Jul 10, 2012
—
Gilbert Carzoli
Moncayo,velia
Warranty Deed
—
Jun 2, 2006
—
Velia Moncayo
Holley,douglas
Warranty Deed
—
Sep 28, 1999
—
Jose A Barron
Holley,douglas
Grant Deed
$51,000 · Seller
Dec 30, 1996
—
Francisco Hernandez
Holley,douglas
Grant Deed
$39,900 · Seller
—
—
Velia Moncayo
—
Deed Of Trust
related
$50,000 · Amigo Bail Bonds
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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