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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Office buildings
415 Yandell Dr El Paso, TX 79902-5222
Entity Owned
2-yr Hold
Free & Clear
Property ID
US83-3535408
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
37,440 SF
Lot
0.83 ac (35,998 SF)
Zoning code
C-4
APN
C050-999-2640-0100
UPID
US83-3535408
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
-
Sundowner Apartments Apartment Building
-
Sovereign Health of El Paso Medical Clinic
-
La Familia Del Paso - Central Clinic Medical Clinic
-
La Familia Del Paso - Children Clinic Medical Clinic
-
Beto For Texas Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.32M
Owner & transaction history
Mowles Group IV LLC · 2 yrs held
Mowles Group IV LLC
since 2023
7 recorded transactions
Zoning & alternative use
C-4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$35 / 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
$27,622
Tax year 2023
Assessed value
$998,546
Assessed 2023
Previous assessed
$998,546
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$539,970
Assessed improvement
$458,576
Land market value
$539,970
Improvement market value
$458,576
Total market value
$998,546
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
1920
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
37,440 SF
Lot
0.83 ac (35,998 SF)
Zoning code
C-4
APN
C050-999-2640-0100
UPID
US83-3535408
Jurisdiction
EL PASO
Zoning & alternative use
C-4 · El Paso, TX
Zoning C-4 · permitted uses
C-4 · 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.
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Mowles Group IV LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1014 CEDAR ST, EL PASO, TX 79903-2405
Ownership since
2023
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
Dec 4, 2023
—
Mowles Group IV LLC
Abane Properties Ltd
Warranty Deed
—
Aug 26, 2019
—
Abane Properties Ltd
Acquin Properties LP
Grant Deed
related
—
Nov 23, 2016
—
Ep Marcus Investments LP
Mi-dee Partners LP
Grant Deed
related
—
Jul 8, 2008
—
Mi-dee Partners
C W Wakefield Plaza
Grant Deed
—
—
—
W Wakefield Plaza C
—
Deed Of Trust
related
$200,000 · J P Morgan Chase Bank
—
—
Abane Props Ltd
—
Deed Of Trust
related
$356,000 · Vantage Bk Tx NA
—
—
Abane Props Ltd
—
Deed Of Trust
related
$356,000 · Vantage Bk Tx NA
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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