313 S Stanton St El Paso, TX 79901
Property profile & analytics
313 S Stanton St El Paso, TX 79901
- Medical Office Space
- 34,357 SF
- 0.29 lot acres
Property ID
US83-4181731
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- KEDPLASMA El Paso - Stanton St / Blood Bank
Property Details for 313 S Stanton St
- Year built
- 1949
- Lot size
- 0.29 lot acres
- Property size
- 34,357 SF
- Zone code
- C-5
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- M473-999-0360-0100
- APU
- M47399903600100
Description
This investment opportunity presents a 34,357 square-foot, single-tenant net-leased medical office building in downtown El Paso, Texas. The property is 100% occupied by KEDPLASMA, a leading global plasma collection company, under a lease commencing November 1, 2018, and expiring October 31, 2033, with three 5-year renewal options. The lease includes a 10% rent increase every five years. The building, constructed in 1949, sits on a 0.29-acre lot at a high-traffic intersection in a densely populated area, boasting over 26,200 vehicles per day on Paisano Drive and proximity to Interstate 10 (187,000 VPD). The location benefits from its proximity to the University of Texas at El Paso (24,000 students) and The Hospitals of Providence Memorial (500-bed hospital), serving a population of over 108,000 within a five-mile radius (excluding Ciudad Juárez). Ciudad Juárez, with its 1.5 million residents, further enhances the property's market potential. The average household income within five miles is $57,768. The property offers a strong 7.50% cap rate and a substantial net operating income (NOI) of $262,992, making it an attractive investment in a tax-free state. The asking price is $3,506,560. This is an e-commerce resistant, essential business with a long-term lease and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,579,000
Market price range: $1.77M - $3.83M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,755,000 Current use
- RESTAURANT
- $4,995,000 Change: +81% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,610,000 Change: +67% Conversion: Difficult
- OFFICE BUILDING
- $3,060,000 Change: +11% Conversion: Easy
- RETAIL STORES
- $2,930,000 Change: +6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,730,000 Change: -1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.485
- Latitude
- 31.756
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$118,680
$698,880
$3,413,044
$4,111,924
-
$698,880
$3,413,044
$4,111,924
