New search
Property profile & analytics
FOR SALE
Retail space
402 S El Paso St, El Paso, TX 79901
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2364935
For Sale
1 / 10
$3,100,000
402 S El Paso St, El Paso, TX 79901
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Total area
10,200 SF
Lot
0.28 ac (12,240 SF)
Zoning code
C5
APN
M473-999-0340-4500
UPID
US82-2364935
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.13M
Owner & transaction history
Tex-stanton LLC · 15 yrs held
Tex-stanton LLC
since 2010
6 recorded transactions
Zoning & alternative use
C5 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+70.5%
Auto repair, garage
$1.4M
+57.4%
Office building
$910,000
+4.4%
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
RETAIL STORES
$870,000
Current use
RESTAURANT
$1,485,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,370,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$910,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$815,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$110 / 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
$21,560
Tax year 2023
Assessed value
$746,994
Assessed 2023
Previous assessed
$746,994
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$734,400
Assessed improvement
$12,594
Land market value
$734,400
Improvement market value
$12,594
Total market value
$746,994
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
For Sale
Year built
1910
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
10,200 SF
Lot
0.28 ac (12,240 SF)
Zoning code
C5
APN
M473-999-0340-4500
UPID
US82-2364935
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
RETAIL STORES Current
Est. value
$870,000
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$910,000
MEDICAL BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1910
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Tex-stanton LLC
Entity
Mailing address
1205 CERRITO ALTO LN, EL PASO, TX 79912-2045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Dec 29, 2010
—
Tex-stanton LLC
Sal Holland INC
Grant Deed
related
—
Aug 25, 2010
—
Sal Holland INC
—
Trustees Deed
related
$1,500,000 · J P Morgan Chase Bank
Dec 28, 2006
—
Sal Holland INC
—
Trustees Deed
related
$1,500,000 · J P Morgan Chase Bank
—
—
Sal Holland INC
—
Deed Of Trust
related
$1,500,000 · J P Morgan Chase Bank
—
—
Sal Holland INC
—
Deed Of Trust
related
$1,500,000 · J P Morgan Chase Bank
—
—
Sal Holland
—
Deed Of Trust
related
$1,500,000 · J P Morgan Chase Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
