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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Retail space
3613 Morenci Rd El Paso, TX 79903-1625
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4185585
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
3,840 SF
Lot
0.21 ac (8,999 SF)
Zoning code
C1
APN
E014-999-1400-1000
UPID
US83-4185585
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
-
Linaje Bendito Campus El Paso Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Oscar Bustamante · 8 yrs held
Oscar Bustamante
since 2017
7 recorded transactions
Zoning & alternative use
C1 · El Paso, TX
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
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±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
$83 / 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
$7,032
Tax year 2023
Assessed value
$254,222
Assessed 2023
Previous assessed
$254,222
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$32,580
Assessed improvement
$221,642
Land market value
$32,580
Improvement market value
$221,642
Total market value
$254,222
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,840 SF
Lot
0.21 ac (8,999 SF)
Zoning code
C1
APN
E014-999-1400-1000
UPID
US83-4185585
Jurisdiction
EL PASO
Zoning & alternative use
C1 · El Paso, TXZoning C1 · permitted uses
C1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Oscar Bustamante
Individual
Free & Clear · 8 yrs held
Mailing address
2621 GOLD AVE, EL PASO, TX 79930-2911
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2017
—
Oscar Bustamante
Sanchez,jorge
Warranty Deed
related
—
Oct 17, 2012
—
Jorge Sanchez
Burciaga,lorenzo E
Grant Deed
related
—
Oct 9, 2012
—
George Sanchez
Burciaga,lorenzo E
Grant Deed
related
—
Nov 10, 2009
—
Lorenzo E Burciaga
Ellis David J
Trustees Deed
related
—
Jan 26, 2007
—
Adriana A Flores
Thompson,carmen
Warranty Deed
$95,000 · Carmen Thompson
—
—
Lorenzo E Burciaga
—
Deed Of Trust
related
—
—
—
Lorenzo E Burciaga
—
Deed Of Trust
related
$94,533 · Pebble Hills Plaza Ltd
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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