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Property profile & analytics
FOR SALE
Medical Office Space
4301 N Mesa St El Paso, TX 79902
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-9106612
For Sale
1 / 2
$3,540,000
4301 N Mesa St, El Paso, TX 79902
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
WOOD
Total area
27,797 SF
Lot
1.44 ac (62,509 SF)
Zoning code
C4
APN
M324-999-0010-0210
UPID
US82-9106612
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
-
Luis Garza-Arreola Physician
-
Dr. Michael J. DeLuca Physician
-
Cardiology Care Consultants - North Mesa Physician
-
Marie Woznicki Physician
-
Dr. Juan Taveras Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$3.54M
Owner & transaction history
Gmr El Paso LLC · 5 yrs held
Gmr El Paso LLC
since 2021
3 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+38.6%
Auto repair, garage
$3.7M
+28.7%
Retail stores
$3.6M
+22.9%
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
MEDICAL BUILDING
$2,900,000
Current use
RESTAURANT
$4,015,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,730,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$3,565,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,885,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$3.54M
Range $3.19M – $3.89M · ±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
$127 / 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
$147,361
Tax year 2023
Assessed value
$5,327,136
Assessed 2023
Previous assessed
$5,327,136
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$870,478
Assessed improvement
$4,456,658
Land market value
$870,478
Improvement market value
$4,456,658
Total market value
$5,327,136
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 BUILDING
Status
For Sale
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
27,797 SF
Lot
1.44 ac (62,509 SF)
Zoning code
C4
APN
M324-999-0010-0210
UPID
US82-9106612
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TX
Zoning C4 · permitted uses
C4 · 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
MEDICAL BUILDING Current
Est. value
$2.9M
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$2.9M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Gmr El Paso LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2 BETHESDA METRO CTR STE #440, BETHESDA, MD 20814-5333
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
—
Gmr El Paso LLC
Eagle Tx LLC
Grant Deed
related
—
Oct 30, 2018
—
Firstlight FCU
Gmd Medical Properties LLC
Warranty Deed
related
—
Jun 29, 2018
—
Gmd Medical Properties LLC
Executive & Mesa Invs Ptshp Gr
Warranty Deed
related
—
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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