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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Medical Office Space
3523 Alameda Ave El Paso, TX 79905-2401
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0385440
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2008
Construction
CONCRETE BLOCKS
Total area
13,418 SF
Lot
0.96 ac (42,001 SF)
Zoning code
C4
APN
E014-999-0230-2100
UPID
US82-0385440
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$2.37M
Owner & transaction history
Plasma Rentals LLC · 6 yrs held
Plasma Rentals LLC
since 2020
6 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Apartment house (5+ units)
$3.0M
+109.5%
Restaurant
$2.3M
+59.1%
Retail stores
$2.0M
+37.4%
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%
$2,900,000
6.5%
$2,675,000
7%
$2,485,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,435,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,005,000
Change: +110% · Conversion: Moderate
RESTAURANT
$2,285,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,970,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,840,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,800,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,455,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±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
$176 / 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
$55,065
Tax year 2023
Assessed value
$1,990,614
Assessed 2023
Previous assessed
$1,990,614
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$182,700
Assessed improvement
$1,807,914
Land market value
$182,700
Improvement market value
$1,807,914
Total market value
$1,990,614
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 CLINIC
Status
Off-Market
Year built
2008
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Total area
13,418 SF
Lot
0.96 ac (42,001 SF)
Zoning code
C4
APN
E014-999-0230-2100
UPID
US82-0385440
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TXZoning C4 · permitted uses
C4 · 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
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
RESTAURANT
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2008
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Plasma Rentals LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2410 LILLYVALE AVE BLDG #407, LOS ANGELES, CA 90032-1536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2020
—
Plasma Rentals LLC
Plasma Rentals LLC
Quit Claim Deed
related
—
Nov 15, 2016
—
Plasma Rentals Of El Paso LLC
Rrco Rentals LLC
Grant Deed
related
—
Jun 29, 2004
—
Rrco Rentals LLC
Santos,carlos F
Grant Deed
related
—
Jun 21, 2001
—
Armando Sanroman
—
Trustees Deed
related
$1,995 · El Paso Water Utilities
Dec 12, 2000
—
Armando Sanroman
Tejada,marco A & Anita
Grant Deed
related
—
Apr 7, 2000
—
Marco A Tejada
Hyder,leonor P & Maria L
Grant Deed
$15,000 · Seller
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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