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Property profile & analytics
OFF-MARKET
Strip malls
8981 Castner Dr El Paso, TX 79907-1852
Individually Owned
29-yr Hold
Free & Clear
Property ID
US82-3252282
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
8,000 SF
Lot
0.72 ac (31,172 SF)
Zoning code
C4C
APN
R872-999-0020-6000
UPID
US82-3252282
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
-
Alex Boots (Bike/Boat/Book/etc) Store
-
Professional Hearing Aid Center Hearing Aid Store
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
Alamo Plumbing Supply El Paso · 29 yrs held
Alamo Plumbing Supply El Paso
since 1997
4 recorded transactions
Zoning & alternative use
C4C · 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
$12,515
Tax year 2023
Assessed value
$430,000
Assessed 2023
Previous assessed
$430,000
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$59,530
Assessed improvement
$370,470
Land market value
$59,530
Improvement market value
$370,470
Total market value
$430,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
8,000 SF
Lot
0.72 ac (31,172 SF)
Zoning code
C4C
APN
R872-999-0020-6000
UPID
US82-3252282
Jurisdiction
EL PASO
Zoning & alternative use
C4C · El Paso, TX
Zoning C4C · permitted uses
C4C · 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
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Alamo Plumbing Supply El Paso
Individual
Free & Clear · 29 yrs held
Mailing address
8981 CASTNER DR STE A, EL PASO, TX 79907-1833
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2013
—
Rafael C Lange
—
Deed Of Trust
related
$1,758,975 · Weststar Bank
Mar 3, 1997
—
Alamo Plumbing Supply El Paso
Nourallah,fayez S
Grant Deed
related
—
—
—
Rafael C Lange
—
Deed Of Trust
related
$200,000 · Weststar Bank
—
—
Rafael C Lange
—
Deed Of Trust
related
$759,900 · Weststar Bk
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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