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Property profile & analytics
FOR LEASE
Showrooms
4621 Ripley Dr El Paso, TX 79922
Entity Owned
~
Est. High Equity
Property ID
US83-3700943
For Lease
1 / 10
$3,500/Mo
4621 Ripley Dr, El Paso, TX 79922
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Total area
23,575 SF
Lot
1.14 ac (49,658 SF)
Zoning code
P1
APN
Z005-999-0020-1000
UPID
US83-3700943
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
-
Purchase Green Artificial Grass Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$770k
Owner & transaction history
Niv Properties LLC
Niv Properties LLC
since 2025
6 recorded transactions
Zoning & alternative use
P1 · 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$33 / 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
$21,870
Tax year 2023
Assessed value
$790,610
Assessed 2023
Previous assessed
$790,610
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$124,140
Assessed improvement
$666,470
Land market value
$124,140
Improvement market value
$666,470
Total market value
$790,610
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1980
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
23,575 SF
Lot
1.14 ac (49,658 SF)
Zoning code
P1
APN
Z005-999-0020-1000
UPID
US83-3700943
Jurisdiction
EL PASO
Zoning & alternative use
P1 · El Paso, TX
Zoning P1 · permitted uses
P1 · 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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Niv Properties LLC
Entity
Mailing address
PO BOX 13270, EL PASO, TX 79913-3270
Ownership since
2025
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
Aug 29, 2025
—
Niv Properties LLC
Wilko Partnership Ltd
Deed
related
$1,000,000 · City Bank
Aug 21, 2025
—
The Ripley Estates LLC
Niv Properties LLC
Special Warranty Deed
—
May 3, 2022
—
Niv Properties LLC
—
Deed
related
$1,000,000 · City Bank
Jan 29, 2020
—
Niv Properties LLC
—
Deed
related
$250,000 · City Bank
Dec 12, 2019
—
Donelco Commercial Props LLC
Blanton-alfred Companies INC
Grant Deed
related
—
Aug 1, 2019
—
Niv Properties LLC
Wilko Ptshp Ltd
Grant 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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