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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Office buildings
3607 Rivera Ave El Paso, TX 79905-2415
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US82-2676483
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Total area
22,740 SF
Lot
0.4 ac (17,498 SF)
Zoning code
C1
APN
P895-999-0010-0100
UPID
US82-2676483
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
-
Esteban Carrillo Physician
-
Dr. Manal Y Tantoush Pediatrician Medical Clinic
-
Dr. Beatrice T. Ting, MD Pediatrician Medical Clinic
-
Dr. Luis L. Rodriguez, MD Physician
-
Mohamed Zebda Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$2.88M
Owner & transaction history
Linda Vista Apartments L Pvcdc · 20 yrs held
Linda Vista Apartments L Pvcdc
since 2006
2 recorded transactions
Zoning & alternative use
C1 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+57.0%
Retail stores
$3.3M
+35.6%
Commercial (general)
$3.1M
+26.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,465,000
Current use
RESTAURANT
$3,870,000
Change: +57% · Conversion: Moderate
RETAIL STORES
$3,340,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,115,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,050,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$2,430,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±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
$126 / 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
$1,987,870
Assessed 2023
Previous assessed
$1,987,870
+0.0% YoY
Assessed land
$43,225
Assessed improvement
$1,944,645
Land market value
$43,225
Improvement market value
$1,944,645
Total market value
$1,987,870
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
22,740 SF
Lot
0.4 ac (17,498 SF)
Zoning code
C1
APN
P895-999-0010-0100
UPID
US82-2676483
Jurisdiction
EL PASO
Zoning & alternative use
C1 · El Paso, TX
Zoning C1 · permitted uses
C1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$3.9M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL 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
2011
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Linda Vista Apartments L Pvcdc
Individual
Mailing address
3607 RIVERA AVE, EL PASO, TX 79905-2415
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2006
—
Linda Vista Apartments L Pvcdc
—
Trustees Deed
related
$750,000 · J P Morgan Chase Bank
—
—
Linda Vista Apartments L Pvcdc
—
Deed Of Trust
related
$750,000 · J P Morgan Chase 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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