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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Medical Office Space
2000 Texas Ave El Paso, TX 79901-1919
Individually Owned
15-yr Hold
Free & Clear
Property ID
US82-2455683
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1954
Total area
20,891 SF
Lot
0.97 ac (42,336 SF)
Zoning code
C4S
APN
C849-999-0570-5100
UPID
US82-2455683
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
-
Pinche's Salsa Food Broker
-
El Paso Community Action Program, Project BRAVO, Inc. Community Center
-
Project BRAVO Social Service Agency Charitable Organization
-
La Mujer Obrera Charitable Organization Social Service Agency
-
Cafe Mayapan Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.41M
Owner & transaction history
Rene Canales · 15 yrs held
Rene Canales
since 2011
4 recorded transactions
Zoning & alternative use
C4S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$3.0M
+81.4%
Auto repair, garage
$2.8M
+67.5%
Office building
$1.9M
+11.1%
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
$1,675,000
Current use
RESTAURANT
$3,035,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,805,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$1,860,000
Change: +11% · Conversion: Easy
RETAIL STORES
$1,780,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,660,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±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
$115 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$3,009,670
Assessed 2023
Previous assessed
$3,009,670
+0.0% YoY
Assessed land
$184,161
Assessed improvement
$2,825,509
Land market value
$184,161
Improvement market value
$2,825,509
Total market value
$3,009,670
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
1954
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
20,891 SF
Lot
0.97 ac (42,336 SF)
Zoning code
C4S
APN
C849-999-0570-5100
UPID
US82-2455683
Jurisdiction
EL PASO
Zoning & alternative use
C4S · El Paso, TXZoning C4S · permitted uses
C4S · 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
$1.7M
RESTAURANT
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Rene Canales
Individual
Free & Clear · 15 yrs held
Mailing address
PO BOX 3975, EL PASO, TX 79923-3975
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Jan 31, 2011
—
Rene Canales
Canales,ricardo
Quit Claim Deed
related
—
—
—
Del Obrero Fronterizo I Centro
—
Deed Of Trust
related
$284,715 · El Paso Collaborative/cmnty &
—
—
Del Obrero Fronterizo I Centro
—
Deed Of Trust
related
$291,000 · El Paso Collaborative/cmnty &
—
—
Del Obrero Fronterizo I Centro
—
Deed Of Trust
related
$293,665 · El Paso Collaborative/communit
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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