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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Medical Office Space
1508 Zaragoza Rd El Paso, TX 79936-8034
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-4268991
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
WOOD
Total area
11,720 SF
Lot
1.14 ac (49,658 SF)
Zoning code
C4C
APN
P861-999-0010-0130
UPID
US82-4268991
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
-
Southwest Cardiovascular Intervention Clinic P.A. Physician
-
Dr. Chikezie C. Amadi, MD Physician
-
Chikezie Chidiebere Amadi Physician
-
Southwest Aesthetic Skin Care Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.46M
Owner & transaction history
Panda Express INC · 4 yrs held
Panda Express INC
since 2021
7 recorded transactions
Zoning & alternative use
C4C · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$1.6M
+47.6%
Auto repair, garage
$1.6M
+44.6%
Office building
$1.2M
+14.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,085,000
Current use
RESTAURANT
$1,605,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,575,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,240,000
Change: +14% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,110,000
Change: +2% · Conversion: Easy
RETAIL STORES
$1,035,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±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
$124 / 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
$77,133
Tax year 2023
Assessed value
$2,679,320
Assessed 2023
Previous assessed
$2,679,320
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$682,040
Assessed improvement
$1,997,280
Land market value
$682,040
Improvement market value
$1,997,280
Total market value
$2,679,320
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
2012
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
11,720 SF
Lot
1.14 ac (49,658 SF)
Zoning code
C4C
APN
P861-999-0010-0130
UPID
US82-4268991
Jurisdiction
EL PASO
Zoning & alternative use
C4C · El Paso, TXZoning 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
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2012
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Panda Express INC
Entity
Mailing address
1508 N ZARAGOZA RD, EL PASO, TX 79936-8034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
—
Panda Express INC
Cft Nv Developments LLC
Lease
$2,282,594 · Gecu
Aug 10, 2016
—
Chikezie C Amadi
—
Deed
related
$2,499,573 · United Bk/el Paso Del Norte
Jul 1, 2015
—
Chikezie C Amadi
East Placitas LLC
Warranty Deed
$2,537,500 · United Bk/el Paso Del Norte
Feb 12, 2013
—
East Placitas LLC
—
Trustees Deed
related
$28,306 · First National Bank
Nov 13, 2012
—
East Placitas LLC
Purplehawk LP
Grant Deed
$1,150,000 · First National Bank
Oct 5, 2012
—
East Placitas LLC
Purplehawk LP
Warranty Deed
$1,150,000 · First National Bank
Sep 18, 2007
—
Purplehawk
Vanhaselen,william III
Warranty Deed
$150,000 · Pioneer Bank & Trust
—
—
Purplehawk
—
Deed Of Trust
related
$125,000 · First National Bank
—
—
East Placitas LLC
—
Deed Of Trust
related
$880,000 · First National Bank
—
—
East Placitas LLC
—
Deed Of Trust
related
$950,000 · First Nat'l Bk
—
—
East Placitas LLC
—
Deed Of Trust
related
$450,000 · First Nat'l Bk
—
—
East Placitas LLC
—
Deed Of Trust
related
$633,600 · First Nat'l Bk
—
—
East Placitas LLC
—
Deed Of Trust
related
$525,000 · First Nat'l Mtg
—
—
East Placitas LLC
—
Deed Of Trust
related
$462,000 · First Nat'l Bk
—
—
East Placitas LLC
—
Deed Of Trust
related
$388,000 · First National Bank
—
—
East Placitas LLC
—
Deed Of Trust
related
$220,000 · First National Bank
—
—
Chikezie C Amadi
—
Loan Modification
related
$2,499,573 · United Bk/el Paso Del Norte
—
—
East Placitas LLC
—
Deed Of Trust
related
$780,000 · First National Bank
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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