Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Medical Office Space
820 Redd Rd C El Paso, TX 79912-7275
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0478458
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
12,600 SF
Lot
1.29 ac (56,149 SF)
Zoning code
C1C
APN
C340-999-1230-5350
UPID
US82-0478458
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
-
Dr. Richard Purcell Physician
-
Sun City Orthopaedic & Hand Surgery Specialists Medical Clinic
-
Daniel Wayne Vande Lune Physician
-
RICHARD LEE PURCELL Physician
-
Dr. Fernando Aviles Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.38M
Owner & transaction history
Goldmark Holdings LLC · 8 yrs held
Goldmark Holdings LLC
since 2018
7 recorded transactions
Zoning & alternative use
C1C · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$1.8M
+64.5%
Auto repair, garage
$1.7M
+57.0%
Commercial (general)
$1.3M
+17.0%
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%
$2,040,000
6.5%
$1,885,000
7%
$1,750,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,075,000
Current use
RESTAURANT
$1,770,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,690,000
Change: +57% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,260,000
Change: +17% · Conversion: Easy
RETAIL STORES
$1,005,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$109 / 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
$89,985
Tax year 2023
Assessed value
$3,253,000
Assessed 2023
Previous assessed
$3,253,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$376,454
Assessed improvement
$2,876,546
Land market value
$376,454
Improvement market value
$2,876,546
Total market value
$3,253,000
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
2016
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
12,600 SF
Lot
1.29 ac (56,149 SF)
Zoning code
C1C
APN
C340-999-1230-5350
UPID
US82-0478458
Jurisdiction
EL PASO
Zoning & alternative use
C1C · El Paso, TXZoning C1C · permitted uses
C1C · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Goldmark Holdings LLC
Entity
Mailing address
2 BETHESDA METRO CTR STE #440, BETHESDA, MD 20814-5333
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2019
—
820 Redd Road Partners LLC
—
Deed
related
$3,433,600 · United Bk/el Paso Del Norte
Jan 31, 2019
—
820 Redd Road Partners Lllc
—
Deed
related
$3,381,212 · United Bk/el Paso Del Norte
Jan 7, 2019
—
820 Redd Road Partners LLC
—
Deed
related
$589,275 · Valliance Bk
Apr 5, 2018
—
Goldmark Holdings LLC
820 Redd Road Partners LLC
Grant Deed
related
—
Jan 4, 2018
—
820 Redd Road Partners LLC
Goldmark Holdings LLC
Grant Deed
$3,433,600 · United Bk/el Paso Del Norte
Aug 17, 2016
—
Goldmark Holdings LLC
—
Deed
related
$735,000 · Bank Of Tx
Jun 10, 2016
—
820 Redd Road Partner LLC
—
Deed
related
$402,374 · Valliance Bank
May 28, 2014
—
Goldmark Holdings LLC
Sabrina Lara Realty Ltd
Venders Lien
$1,619,493 · Capital Bank Ssb
Oct 18, 2012
—
Mi-gar Properties LLC
Mirrisons Texas LP
Grant Deed
$1,058,400 · Weststar Bank
Jan 11, 2012
—
Sabrina-lara Realty Ltd
Mirrisons Texas LP
Warranty Deed
related
—
Jan 21, 2010
—
Sabrina-lara Realty Ltd
Trinity Church Of Nazarene INC
Warranty Deed
$465,000 · Kenneth J Croucher
Feb 23, 2009
—
Ruby Porras
Aar Properties LLC
Deed In Lieu Of Foreclosure
related
—
Dec 22, 2008
—
Aar Properties LLC
Trinity Church Of Nazarene INC
Warranty Deed
$630,000 · Ruby Porras
—
—
Goldmark Holdings LLC
—
Deed Of Trust
related
$735,000 · Bank Of Tx
—
—
Sabrina-lara Realty Ltd
—
Deed Of Trust
related
$640,716 · United Bank El Paso Del Norte
—
—
820 Redd Road Partners Lllc
—
Loan Modification
related
$3,381,212 · United Bk/el Paso Del Norte
—
—
820 Redd Road Partners LLC
—
Loan Modification
related
$589,275 · Valliance Bk
—
—
Sabrina-lara Realty Ltd
—
Deed Of Trust
related
$720,000 · Southwest Securities Bank
—
—
820 Redd Road Partners LLC
—
Loan Modification
related
$3,433,600 · United Bk/el Paso Del Norte
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 820 Redd Rd, Unit C?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
