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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Turn key restaurants
601 El Paso St El Paso, TX 79901-2729
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1504651
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
WOOD
Total area
3,325 SF
Lot
0.08 ac (3,485 SF)
Zoning code
C4
APN
C050-999-1190-4100
UPID
US82-1504651
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
-
Speedy's Pizza Take-out & Catering
-
Elisa Casper Ice Cream Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$530k
Owner & transaction history
Three Sons Properties LLC · 9 yrs held
Three Sons Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
C4 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$485,000
Current use
AUTO REPAIR, GARAGE
$445,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$159 / 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
$17,779
Tax year 2023
Assessed value
$615,978
Assessed 2023
Previous assessed
$615,978
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$222,976
Assessed improvement
$393,002
Land market value
$222,976
Improvement market value
$393,002
Total market value
$615,978
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
HOT WATER
Stories
1
Total area
3,325 SF
Lot
0.08 ac (3,485 SF)
Zoning code
C4
APN
C050-999-1190-4100
UPID
US82-1504651
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TX
Zoning 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
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$445,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1910
Construction
WOOD
Heating
HOT WATER
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Three Sons Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3121 DESTINY PT DR, EL PASO, TX 79938-5464
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
May 11, 2017
—
Three Sons Properties LLC
South El Paso Street Props LLC
Grant Deed
related
—
Dec 15, 2010
—
South El Paso Street Props LLC
Villegas Family Properties LLC
Warranty Deed
related
—
Aug 6, 2009
—
Villegas Family Properties LLC
Villegas,raul & Maria
Quit Claim Deed
—
Jun 18, 2002
—
Raul Villegas
Villegas Capital Group LP
Quit Claim Deed
related
—
Dec 28, 2001
—
Aslm Ltd
Malooly Trust
Quit Claim Deed
related
—
Jan 25, 2001
—
Villegas Capital Group LP
Villegas,raul & Maria
Quit Claim Deed
related
—
Oct 31, 1996
—
Raul Villegas
Cortez,ismael & Alicia V
Grant Deed
$97,824 · Seller
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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