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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Medical Office Space
550 Peyton Rd El Paso, TX 79928
Entity Owned
6-yr Hold
Property ID
US82-7096676
Property summary
AI-generated overview
This single-story, 8,634-square-foot medical office building in El Paso, Texas, offers exceptional leasing opportunities. Located on a 1.3-acre lot at 550 Peyton Rd, El Paso, TX 79928, the property features six suites, with 3,600 square feet currently available. Flexible space options range from 1,200 to 3,600 contiguous square feet, perfect for various medical practices. The building boasts ample parking, attractive landscaping, and prominent monument signage. Its strategic location at the corner of Peyton Rd and across from Eastlake Blvd provides high visibility and easy access to major thoroughfares, including I-10. The area is experiencing significant growth, with a new hospital and medical campus nearby, ensuring a strong patient base and high traffic counts exceeding 26,814 vehicles per day on Eastlake Blvd. The building's design allows for tenant build-outs to meet specific needs. This property is zoned commercial and is situated near retail, residential areas, and other medical facilities. The building offers excellent flow of space, tasteful accents, and lighting.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2022
Total area
8,800 SF
Lot
1.03 ac (44,649 SF)
APN
T202-000-015A-0200
UPID
US82-7096676
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
-
Parlo Speech Lab Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.18M
Owner & transaction history
R Jams Enterprises INC · 6 yrs held
R Jams Enterprises INC
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+45.7%
Commercial (general)
$1.3M
+22.7%
Auto repair, garage
$1.2M
+13.0%
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%
$1,330,000
6.5%
$1,230,000
7%
$1,140,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,045,000
Current use
RESTAURANT
$1,525,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,285,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,180,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,115,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$935,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.18M
Range $1.11M – $1.22M
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
$134 / 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
$31,519
Tax year 2023
Assessed value
$1,819,107
Assessed 2024
Previous assessed
$1,108,437
+64.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$150,495
Assessed improvement
$1,668,612
Land market value
$150,495
Improvement market value
$1,668,612
Total market value
$1,819,107
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
2022
Heating
NONE
Cooling
NONE
Total area
8,800 SF
Lot
1.03 ac (44,649 SF)
APN
T202-000-015A-0200
UPID
US82-7096676
Jurisdiction
EL PASO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$935,000
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2022
Heating
NONE
Cooling
Yes
Lot
1.03 ac
Current owner
From public records · entity-resolved
R Jams Enterprises INC
Entity
Mailing address
657 LAS GRANJAS DR, EL PASO, TX 79932-2300
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
R James Enterprises INC
—
Deed
related
$1,612,500 · Sunflower Bank NA
Nov 18, 2019
—
R Jams Enterprises INC
Hunt Communities Development Co II
Venders Lien
$435,500 · Sunflower Bank NA
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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