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

    El Paso, TX 79936

    • Showrooms
    • 6,078 SF
    • 3.81 lot acres
    OFF-MARKET
    Value Estimations
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4813267
    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

    • Showrooms

    Property Details

    Year built
    2005
    Construction
    WOOD
    Lot size
    3.81 lot acres
    Property size
    6,078 SF
    Zone code
    C4
    Property type
    Showrooms
    APN
    V893-999-3470-7000
    APU
    V89399934707000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,025,000
      6.5%
      $945,000
      7%
      $880,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $866,000
      Market price range: $224k - $928k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $575,000
      Current use
      RESTAURANT
      $830,000
      Change: +45% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $815,000
      Change: +42% Conversion: Difficult
      OFFICE BUILDING
      $645,000
      Change: +12% Conversion: Easy
      MEDICAL BUILDING
      $565,000
      Change: -2% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.316
    Latitude
    31.7395
    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
    $36,967
    $405,178
    $864,988
    $1,270,166
    -
    $405,178
    $864,988
    $1,270,166

    Comparable in this City

    • Value Estimation
      $2,840,000
      132,120 SF

      11500 Rojas Dr Ste J

      SHOW ROOM, WAREHOUSE • 132,120 SF
      11500 Rojas Dr Ste J, El Paso, TX 79936-6935
      View Details
    • Value Estimation
      $2,840,000
      131,241 SF

      1435 Don Haskins Dr

      SHOW ROOM, WAREHOUSE • 131,241 SF
      1435 Don Haskins Dr, El Paso, TX 79936-6831
      View Details
    • Value Estimation
      $1,115,000
      40,000 SF

      1459 Bessemer Dr

      SHOW ROOM, WAREHOUSE • 40,000 SF
      1459 Bessemer Dr, El Paso, TX 79936-5916
      View Details
    • Value Estimation
      $605,000
      9,900 SF

      11508 Cedar Oak Dr

      SHOW ROOM, WAREHOUSE • 9,900 SF
      11508 Cedar Oak Dr, El Paso, TX 79936-6027
      View Details
    • Value Estimation
      $575,000
      16,240 SF

      11520 Cedar Oak Dr

      SHOW ROOM, WAREHOUSE • 16,240 SF
      11520 Cedar Oak Dr, El Paso, TX 79936-6027
      View Details
    • Value Estimation by Request
      1,200 SF

      3519 Confederate Rd

      SHOW ROOM, WAREHOUSE • 1,200 SF
      3519 Confederate Rd, El Paso, TX 79936-1402
      View Details

    Similar Nearby for Sale

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      1.24 Acres

      El Paso Commercial Building I-10

      Commercial building on I-10, potential turnkey sale with equipment.
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      El Paso Commercial Opportunity

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    • Contact for pricing

      Retail Land on George Dieter

      Retail land for sale with high traffic count.
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    • $75,000
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      DIONYSUS WINE CHARCUTERIE

      EASTSIDE BAR BUSINESS FOR SALE
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    • $1,200,000
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      El Paso Retail Opportunity

      Retail property available for sale in El Paso, Texas.
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    • $928,000
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      Retail Property in El Paso

      Retail property available for sale in El Paso, Texas.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space on George Dieter

      Retail space available for rent on George Dieter Drive.
      1387 George Dieter Dr, El Paso, TX 79936
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    • Contact for pricing
      1,781 SF

      Retail Space on Lee Trevino

      Retail space available for lease on Lee Trevino Drive.
      1491 Lee Trevino Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      47,500 SF

      Towne Centre Retail Plaza

      High-visibility retail spaces available.
      1506 Lee Trevino Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      900 SF

      Retail Space on George Dieter

      900 SF retail space available for rent.
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      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in El Paso

      8,000 sq ft retail space available for rent.
      12020 Montana Ave, El Paso, TX 79936
      View Details
    • $16 SF/Yr
      83,635 SF

      El Paso Retail Space Available

      Highly visible retail space in a bustling shopping center.
      3330 Saul Kleinfeld Dr, El Paso, TX 79936
      View Details
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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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