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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Showrooms
465 Pan American Dr El Paso, TX 79907-5645
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-3546835
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Total area
95,136 SF
Lot
6.2 ac (270,246 SF)
Zoning code
C4
APN
P196-999-0010-0250
UPID
US82-3546835
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
-
GE Healthcare BOP Industrial Manufacturer Production Facility
-
SCELI LOGISTICS Storage Facility Distribution Center
-
It Supplies Inc Factory Industrial Manufacturer
-
Letcor Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
B9 Americas Avenue Owner LP · 4 yrs held
B9 Americas Avenue Owner LP
since 2021
7 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$27 / 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
$107,986
Tax year 2023
Assessed value
$3,710,304
Assessed 2023
Previous assessed
$3,710,304
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$411,450
Assessed improvement
$3,298,854
Land market value
$411,450
Improvement market value
$3,298,854
Total market value
$3,710,304
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
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Total area
95,136 SF
Lot
6.2 ac (270,246 SF)
Zoning code
C4
APN
P196-999-0010-0250
UPID
US82-3546835
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TXZoning 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
Source
code of ordinances
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
6.2 ac
Current owner
From public records · entity-resolved
B9 Americas Avenue Owner LP
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2025
—
B9 Pan American Drive Owner LP
—
Deed
related
—
Mar 23, 2022
—
B9 Pan America Drive Owner LP
—
Deed
related
—
Nov 30, 2021
—
B9 Americas Avenue Owner LP
465 Pan American LLC
Special Warranty Deed
—
May 18, 2021
—
425 A&b Pan Americas LLC
—
Deed
related
$137,150,000 · Areeif Lender LLC
Oct 1, 2019
—
465 Pan American LLC
Idig Texas LP
Special Warranty Deed
$86,246,000 · Acore Capital Mortgage LP
Dec 27, 2005
—
Verde 465 Pan American
—
Deed Of Trust
related
$20,000,000 · Prudential Insurance Co
Sep 23, 2004
—
Verde 465 Pan American
Trade Key Ltd
Grant Deed
related
—
—
—
Verde 465 Pan American
—
Deed Of Trust
related
$47,000,000 · Miscellaneous Ins Co
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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