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Property profile & analytics
OFF-MARKET
Medical Office Space
3505 Gtwy W Blvd El Paso, TX 79903-4413
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-7934908
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1951
Construction
WOOD
Total area
2,004 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R5
APN
E014-999-0580-0700
UPID
US82-7934908
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
-
Yucca Construction General Contractor
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
Springtime Investments LLC · 2 yrs held
Springtime Investments LLC
since 2024
5 recorded transactions
Zoning & alternative use
R5 · El Paso, TX
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
$5,019
Tax year 2023
Assessed value
$35,174
Assessed 2024
Previous assessed
$181,430
-80.6% YoY
Effective rate
14.27%
On assessed value
Assessed land
$4,237
Assessed improvement
$30,937
Land market value
$4,237
Improvement market value
$30,937
Total market value
$35,174
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
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Bathrooms
1
Total area
2,004 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R5
APN
E014-999-0580-0700
UPID
US82-7934908
Jurisdiction
EL PASO
Zoning & alternative use
R5 · El Paso, TXZoning R5 · permitted uses
R5 · 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
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Springtime Investments LLC
Entity
Mailing address
6741 DESERT CYN DR, EL PASO, TX 79912-7602
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Springtime Investments LLC
Durazno And Piedras Ventures LLC
Venders Lien
$220,000 · Rwe Family Trust
Aug 23, 2012
—
Ramon Vaquera
Vaquera,ramon
Quit Claim Deed
related
—
Jun 1, 1999
—
Lydia Delafuente
Mendoza,benjamin & Anamaria
Grant Deed
$51,500 · Seller
—
—
Ramon Vaquera
—
Deed Of Trust
related
$77,000 · Kaplan's Mortgage Co LLC
—
—
Ramon Vaquera
—
Deed Of Trust
related
$57,000 · First Star Mortgage
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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