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Property profile & analytics
OFF-MARKET
Estimated value
$60,550,000
Office buildings
500 San Antonio Ave El Paso, TX 79901-2419
Individually Owned
5-yr Hold
Free & Clear
Property ID
US82-8454715
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
WOOD
Total area
558,800 SF
Lot
1.55 ac (67,605 SF)
Zoning code
C5
APN
C050-999-2090-0000
UPID
US82-8454715
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
-
El Paso County Court House Courthouse
-
El Paso County Law Library Public Library Library
-
Honorable Kathleen C Anderson County Government Office
-
El Paso County Precinct 1 Commissioner’s Office County Government Office
-
El Paso County Elections Department County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$64.22M
Blend (final)
Blend
$60.55M
Owner & transaction history
Delia Briones · 5 yrs held
Delia Briones
since 2020
7 recorded transactions
Zoning & alternative use
C5 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$81.2M
+63.3%
Auto repair, garage
$75.0M
+50.8%
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
OFFICE BUILDING
$49,740,000
Current use
RESTAURANT
$81,220,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$74,990,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$47,645,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$44,780,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$44,395,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$60.55M
Range $54.50M – $66.61M · ±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
$108 / 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
Assessed value
$103,776,331
Assessed 2024
Previous assessed
$110,568,658
-6.1% YoY
Assessed land
$2,704,000
Assessed improvement
$101,072,331
Land market value
$2,704,000
Improvement market value
$101,072,331
Total market value
$103,776,331
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
558,800 SF
Lot
1.55 ac (67,605 SF)
Zoning code
C5
APN
C050-999-2090-0000
UPID
US82-8454715
Jurisdiction
EL PASO
Zoning & alternative use
C5 · El Paso, TX
Zoning C5 · permitted uses
C5 · 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
OFFICE BUILDING Current
Est. value
$49.7M
RESTAURANT
Est. value
$81.2M
AUTO REPAIR, GARAGE
Est. value
$75.0M
RETAIL STORES
Est. value
$47.6M
MEDICAL BUILDING
Est. value
$44.8M
COMMERCIAL (GENERAL)
Est. value
$44.4M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1990
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
Delia Briones
Individual
Free & Clear · 5 yrs held
Mailing address
500 E SAN ANTONIO AVE, EL PASO, TX 79901-2419
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
$11,682
Delia Briones
Carlos Torres
Warranty Deed
—
Sep 11, 2020
$43,062
Sun Haven Retreats LLC Mm
Johnnie L Ainsa Andrew L|carter
Foreclosure
—
Mar 30, 2020
$22,000
L2 S2 Ltd
Villa Saul R
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Mar 30, 2020
$23,000
L2 S2 Ltd
Jesus M Barrios
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Mar 12, 2020
—
Wells Fargo Bk NA
Miguel A Mitrisin Beverly|gonzalez
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Oct 3, 2019
—
Wells Fargo Bk Sw NA
Efrain Miller Bruce|santibanez
Trustees Deed
related
—
Sep 26, 2019
—
Us Bk National Assn
Michelle E Mitrisin Beverly|perez
Trustees Deed
related
—
Aug 29, 2019
—
Us Bk National Assn
Miller Bruse|rodriguez,antonio M
Trustees Deed
related
—
Aug 22, 2019
—
Cenlar Fsb
Mitrisin Beverly|witmer,noelia P
Trustees Deed
related
—
May 29, 2019
$38,723
Sun Valley Land Co INC
Surratt Alan|chavez,ricardo
Correction Deed
—
Aug 20, 2018
$60,000
Sandra Esqueda INC
Russell Patricia|arenas,lazara
Trustees Deed
—
Aug 20, 2018
$60,500
Sandra Esqueda INC
Russell Patricia|vasquez,antonio & Orfa
Trustees Deed
—
Aug 7, 2017
—
Passline Services LP
Yee,dolores
Trustees Deed
related
—
Oct 2, 2013
$95,000
Bean Credit Shelter Trust
Phillips Hector
Trustees Deed
related
—
Dec 10, 2012
$70,000
Coronado Home INC
Phillips,hector
Trustees Deed
related
—
Jan 9, 2009
—
Kennedy 1978 Trust
Brewer James W
Trustees 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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