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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Office buildings
2505 Missouri Ave 300 El Paso, TX 79903-3918
Entity Owned
5-yr Hold
Free & Clear
Property ID
US83-1376675
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
25,415 SF
Lot
0.61 ac (26,402 SF)
Zoning code
M1
APN
B202-999-0750-4300
UPID
US83-1376675
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
-
Moreno Cardenas Inc General Contractor
-
USI Insurance Services Insurance Agency
-
Patriot Mortgage Loan Service Bank
-
Tropicana Homes Construction Company General Contractor
-
Stewart Title Company - El Paso Gateway Title Company Escrow Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.82M
Owner & transaction history
Bowling Construction LLC · 5 yrs held
Bowling Construction LLC
since 2020
4 recorded transactions
Zoning & alternative use
M1 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.5M
+31.6%
Commercial (general)
$3.5M
+29.6%
Auto repair, garage
$3.4M
+26.6%
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
$2,695,000
Current use
MEDICAL BUILDING
$3,545,000
Change: +32% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,490,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,410,000
Change: +27% · Conversion: Difficult
RESTAURANT
$3,165,000
Change: +18% · Conversion: Moderate
RETAIL STORES
$2,605,000
Change: -3% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,310,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±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
$111 / 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
$34,168
Tax year 2023
Assessed value
$1,726,725
Assessed 2024
Previous assessed
$1,235,200
+39.8% YoY
Effective rate
1.98%
On assessed value
Assessed land
$135,432
Assessed improvement
$1,591,293
Land market value
$135,432
Improvement market value
$1,591,293
Total market value
$1,726,725
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
Off-Market
Year built
1986
Heating
YES
Cooling
YES
Stories
1
Total area
25,415 SF
Lot
0.61 ac (26,402 SF)
Zoning code
M1
APN
B202-999-0750-4300
UPID
US83-1376675
Jurisdiction
EL PASO
Zoning & alternative use
M1 · El Paso, TX
Zoning M1 · permitted uses
M1 · 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
$2.7M
MEDICAL BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RESTAURANT
Est. value
$3.2M
RETAIL STORES
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1986
Heating
YES
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Bowling Construction LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2505 E MISSOURI AVE #300, EL PASO, TX 79903-3918
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Jun 5, 2024
—
David Raul Rodriguez
—
Deed
related
—
Dec 15, 2020
—
Nevarez Palms Ltd
—
Deed
related
$3,550,000 · Wells Fargo Bk
Dec 11, 2020
$2,238,825
Bowling Construction LLC
G Bowling Enterprises LLC
Warranty Deed
related
—
—
—
Nevarez Palms Ltd
—
Deed Of Trust
related
$3,550,000 · Wells Fargo 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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