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Property profile & analytics
OFF-MARKET
Estimated value
$3,575,000
Medical Office Space
424 Mesa Hls Dr El Paso, TX 79912-5441
Entity Owned
23-yr Hold
Free & Clear
Property ID
US82-2052308
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2004
Construction
WOOD
Total area
27,255 SF
Lot
3.1 ac (134,992 SF)
Zoning code
C1S
APN
M346-999-0020-0100
UPID
US82-2052308
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
$4.08M
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$3.58M
Owner & transaction history
Blud Systems INC · 23 yrs held
Blud Systems INC
since 2002
2 recorded transactions
Zoning & alternative use
C1S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Office building
$5.4M
+129.6%
Apartment house (5+ units)
$5.3M
+129.0%
Restaurant
$3.8M
+64.5%
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%
$4,415,000
6.5%
$4,075,000
7%
$3,785,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,330,000
Current use
OFFICE BUILDING
$5,350,000
Change: +130% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,335,000
Change: +129% · Conversion: Moderate
RESTAURANT
$3,835,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,660,000
Change: +57% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,725,000
Change: +17% · Conversion: Easy
RETAIL STORES
$2,175,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.58M
Range $3.22M – $3.93M · ±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
$131 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$4,952,317
Assessed 2023
Previous assessed
$4,952,317
+0.0% YoY
Assessed land
$1,266,243
Assessed improvement
$3,686,074
Land market value
$1,266,243
Improvement market value
$3,686,074
Total market value
$4,952,317
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
27,255 SF
Lot
3.1 ac (134,992 SF)
Zoning code
C1S
APN
M346-999-0020-0100
UPID
US82-2052308
Jurisdiction
EL PASO
Zoning & alternative use
C1S · El Paso, TXZoning C1S · permitted uses
C1S · 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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2004
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Blud Systems INC
Entity
Free & Clear · 23 yrs held
Mailing address
6210 E OAK ST, SCOTTSDALE, AZ 85257-1101
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2002
—
Blud Systems INC
Gunnison Investment Co INC
Grant Deed
related
—
—
—
Blood Systems INC
—
Deed Of Trust
related
$5,072,000 · Wells Fargo 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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