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Property profile & analytics
OFF-MARKET
Strip malls
600 Park St El Paso, TX 79901-3145
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4231435
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1912
Construction
WOOD
Total area
3,410 SF
Lot
0.08 ac (3,598 SF)
Zoning code
C1
APN
M028-999-0520-5100
UPID
US83-4231435
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
-
TELAS USA/MEX (Bike/Boat/Book/etc) Store
-
Nostrum Group Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lorenzo G Escobedo · 10 yrs held
Lorenzo G Escobedo
since 2016
7 recorded transactions
Zoning & alternative use
C1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,243
Tax year 2023
Assessed value
$225,694
Assessed 2023
Previous assessed
$225,694
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$10,224
Assessed improvement
$215,470
Land market value
$10,224
Improvement market value
$215,470
Total market value
$225,694
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1912
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
3,410 SF
Lot
0.08 ac (3,598 SF)
Zoning code
C1
APN
M028-999-0520-5100
UPID
US83-4231435
Jurisdiction
EL PASO
Zoning & alternative use
C1 · El Paso, TX
Zoning C1 · permitted uses
C1 · 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
1912
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Lorenzo G Escobedo
Individual
Mailing address
1967 18TH ST APT #6, SANTA MONICA, CA 90404-4723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2016
—
Lorenzo G Escobedo
Iada Terra LLC
Warranty Deed
$80,000 · Private Individual
Feb 18, 2016
—
Iada Terra LLC
Azerrad,itzhak
Warranty Deed
—
Jan 3, 2014
—
Juan M Flores
Iada Terra LLC
Warranty Deed
$110,000 · Iada Terra LLC
Dec 28, 2012
—
Iada Terra LLC
Iada Commercial LLC
Quit Claim Deed
—
Apr 27, 2011
—
Iada Commercial LLC
Azrad Commercial Ltd
Warranty Deed
—
Aug 16, 2005
—
Azrad Commercial Ltd
Federal Acceptance Corp
Warranty Deed
$76,246 · Federal Acceptance Corp
—
—
Azrad Commercial Ltd
—
Deed Of Trust
related
$25,000 · Federal Acceptance Corp
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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