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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Medical Office Space
4900 Mesa St El Paso, TX 79912-5904
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-3697346
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
WOOD
Total area
12,629 SF
Lot
1.34 ac (58,196 SF)
Zoning code
C1S
APN
L624-999-0110-0100
UPID
US82-3697346
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
-
Viva Capital Funding Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$850k
Blend (final)
Blend
$680k
Owner & transaction history
Viva Land Ventures LP · 2 yrs held
Viva Land Ventures LP
since 2024
7 recorded transactions
Zoning & alternative use
C1S · 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
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,080,000
Current use
RETAIL STORES
$1,010,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$54 / 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
$28,492
Tax year 2023
Assessed value
$1,030,000
Assessed 2023
Previous assessed
$1,030,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$635,805
Assessed improvement
$394,195
Land market value
$635,805
Improvement market value
$394,195
Total market value
$1,030,000
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
Off-Market
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
12,629 SF
Lot
1.34 ac (58,196 SF)
Zoning code
C1S
APN
L624-999-0110-0100
UPID
US82-3697346
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
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING Current
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
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Viva Land Ventures LP
Entity
Mailing address
4900 N MESA ST #100, EL PASO, TX 79912-5904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 6, 2024
—
Viva Land Ventures LP
Rakmr I LLC
Special Warranty Deed
$805,479 · Viva Capital Funding LLC
May 14, 2024
—
Viva Alameda Land LLC
Viva Alameda Properties LLC
Warranty Deed
—
May 2, 2024
—
Viva Land Ventures LP
Rakmr LLC
Special Warranty Deed
$2,432,950 · Viva Capital Funding LLC
Apr 4, 2017
—
Donmar Ents LLC
—
Deed
related
$600,000 · Wells Fargo Bk
Jan 27, 2010
—
El Paso Country Day School
—
Trustees Deed
related
$700,000 · Louis M & Laura K Alpern
—
—
El Paso Country Day School
—
Deed Of Trust
related
$710,000 · Louis M & Laura K Alpern
—
—
Donmar Enterprises LLC
—
Deed Of Trust
related
$825,000 · Wells Fargo Bank Texas NA
—
—
Donmar Ents LLC
—
Loan Modification
related
$600,000 · Wells Fargo Bk
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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