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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Franklin St Anthony, TX 79821-7184

    • Office buildings
    • 3,375 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4468291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 700 Franklin St

    Year built
    1976
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Property size
    3,375 SF
    Property type
    Office buildings
    APN
    N022-000-0020-0200
    APU
    N02200000200200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anthony
    County
    El Paso
    State
    Texas
    Longitude
    -106.6
    Latitude
    31.9989
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,554
    $18,439
    $120,531
    $138,970
    -
    $18,439
    $120,531
    $138,970

    Comparable in this City

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      $525,000
      3,339 SF

      8804 Desert Blvd

      MEDICAL BUILDING • 3,339 SF
      8804 Desert Blvd, Anthony, TX 79821-7348
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    • Value Estimation
      $915,000
      5,200 SF

      401 Wildcat Dr

      MEDICAL BUILDING • 5,200 SF
      401 Wildcat Dr, Anthony, TX 79821-7300
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    • Value Estimation
      $515,000
      9,306 SF

      8100 Border Steel Rd

      MEDICAL BUILDING • 9,306 SF
      8100 Border Steel Rd, Vinton, TX 79821
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    • Value Estimation by Request
      4,960 SF

      7920 Doniphan Dr

      MEDICAL CLINIC • 4,960 SF
      7920 Doniphan Dr, Vinton, TX 79821-7613
      View Details
    • Value Estimation by Request
      1,536 SF

      3010 Mtn Pass Blvd

      MEDICAL BUILDING • 1,536 SF
      3010 Mtn Pass Blvd, Anthony, TX 79821-7256
      View Details
    • Value Estimation
      $540,000
      3,418 SF

      7930 Doniphan Dr

      MEDICAL BUILDING • 3,418 SF
      7930 Doniphan Dr, Vinton, TX 79821-7613
      View Details

    Similar Nearby for Sale

    • $340,000
      2.13 Acres

      Anthony Commercial Land - I-10 Access

      Prime Commercial Lot, I-10 Visibility
      321 Vinton Rd, Anthony, TX 79821
      View Details
    • New
      $39,950
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      Residential Lot Near I-10

      Vacant lot near I-10, ideal for residential construction.
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    • Contact for pricing
      5.18 Acres

      Vinton, TX Commercial Land Opportunity

      5.18 Acres, Prime Commercial Location
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    • $1,500,000
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      Vinton, TX Commercial Corner Lot

      High-traffic location, 1.35 acres, 7440 sq ft building.
      7880 Doniphan Dr, Vinton, TX 79821
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    • $30,000
      Pending

      Land Near Wet and Wild

      2.65 acres near I-10 in Anthony, Texas.
      Anthony, TX 79821
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    • $285,000
      0.29 Acres

      Commercial Property in Anthony, TX

      Commercial property with three leasable units in Anthony, TX.
      300 S 7Th St, Anthony, TX 79821
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    Similar Nearby for Lease

    • $2,800 /Mo
      43,560 SF

      Commercial Building Near I-10

      Commercial building with offices, waiting room, and ample parking.
      361 Vinton Rd, Anthony, TX 79821
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    • $4,500 /Mo
      13,939 SF

      Anthony, TX Commercial Space Available

      1500 sqft office on 14000 sqft lot, ideal for businesses.
      201 Vinton Rd, Anthony, TX 79821
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    • Contact for pricing
      2,700 SF

      Office Space in Anthony, TX

      Office space available for rent in Anthony, Texas.
      709 Main St, Anthony, TX 79821
      View Details
    • Contact for pricing
      9,768 SF

      Retail Space in Anthony, TX

      9,768 SF retail space available for lease.
      591 Valley Chili Rd, Anthony, TX 79821
      View Details
    • $35 SF/Yr
      5,700 SF

      Anthony, TX Retail Space

      Prime Interstate 10 Retail Opportunity
      0 Antonio St, Anthony, TX 79821
      View Details
    • $15 SF/Yr
      3,625 SF

      Franklin Street Retail Space

      Prime El Paso County retail space available.
      200 Franklin St, Anthony, TX 79821
      View Details
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    700 Franklin St
    Anthony, TX 79821-7184
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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