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Property profile & analytics
FOR LEASE
Office buildings
218 N Campbell St El Paso, TX 79901
Entity Owned
13-yr Hold
Free & Clear
Property ID
US83-3654082
For Lease
1 / 2
$3,059/Mo
218 N Campbell St, El Paso, TX 79901
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Total area
74,823 SF
Lot
0.29 ac (12,480 SF)
Zoning code
C5
APN
C050-999-2300-4300
UPID
US83-3654082
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
-
GECU Credit Union
-
ELEV8EP Association / Organization
-
City of El Paso - City 2 Building Local Government Office
-
El Paso City Hall - City 2 City Hall
-
Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.99M
Blend (final)
Blend
$7.73M
Owner & transaction history
City Of El Paso · 13 yrs held
City Of El Paso
since 2013
4 recorded transactions
Zoning & alternative use
C5 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.9M
+63.3%
Auto repair, garage
$10.0M
+50.8%
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
OFFICE BUILDING
$6,660,000
Current use
RESTAURANT
$10,875,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,040,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$6,380,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$5,995,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,945,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$7.73M
Range $6.95M – $8.50M · ±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
$103 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$3,359,550
Assessed 2023
Previous assessed
$3,359,550
+0.0% YoY
Assessed land
$499,200
Assessed improvement
$2,860,350
Land market value
$499,200
Improvement market value
$2,860,350
Total market value
$3,359,550
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1915
Heating
ELECTRIC
Cooling
REFRIGERATOR
Stories
1
Total area
74,823 SF
Lot
0.29 ac (12,480 SF)
Zoning code
C5
APN
C050-999-2300-4300
UPID
US83-3654082
Jurisdiction
EL PASO
Zoning & alternative use
C5 · El Paso, TX
Zoning C5 · permitted uses
C5 · 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
OFFICE BUILDING Current
Est. value
$6.7M
RESTAURANT
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$10.0M
RETAIL STORES
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1915
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
City Of El Paso
Entity
Free & Clear · 13 yrs held
Mailing address
300 N CAMPBELL ST, EL PASO, TX 79901-1402
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2013
—
City Of El Paso
Luther Acquisition Co LP
Grant Deed
related
—
May 11, 2006
—
Luther Acquisition Co
El Paso Renaissance-luther
Quit Claim Deed
—
Nov 17, 1998
—
Msi-micro Media Solutions INC
Lacelaw Land Co
Grant Deed
related
—
—
—
Jose Chavez
—
Deed Of Trust
related
$466,570 · Vincent
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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