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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Medical Office Space
3612 Pera Ave El Paso, TX 79905-2412
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US82-3940254
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1960
Construction
CONCRETE BLOCKS
Total area
7,923 SF
Lot
0.44 ac (19,249 SF)
Zoning code
SDC
APN
E014-999-0080-6600
UPID
US82-3940254
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
-
Genoa Healthcare Pharmacy
-
Project Vida Naftzger Clinic Medical Clinic
-
Theodore Cooper Physician Medical Clinic
-
Cynthia Garza Physician
-
Mohamed Ataalla Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$965k
Owner & transaction history
Vida Project · 28 yrs held
Vida Project
since 1997
3 recorded transactions
Zoning & alternative use
SDC · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$1.4M
+59.1%
Retail stores
$1.2M
+37.4%
Commercial (general)
$1.1M
+28.1%
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
$845,000
Current use
RESTAURANT
$1,350,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,165,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,085,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,065,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$860,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$122 / 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
$903,991
Assessed 2023
Previous assessed
$888,992
+1.7% YoY
Assessed land
$51,205
Assessed improvement
$852,786
Land market value
$51,205
Improvement market value
$852,786
Total market value
$903,991
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
1960
Construction
CONCRETE BLOCKS
Heating
STOVE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Bathrooms
2
Total area
7,923 SF
Lot
0.44 ac (19,249 SF)
Zoning code
SDC
APN
E014-999-0080-6600
UPID
US82-3940254
Jurisdiction
EL PASO
Zoning & alternative use
SDC · El Paso, TXZoning SDC · permitted uses
SDC · 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
$845,000
RESTAURANT
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$860,000
MEDICAL BUILDING Current
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
1960
Construction
CONCRETE BLOCKS
Heating
STOVE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Vida Project
Individual
Mailing address
3607 RIVERA AVE, EL PASO, TX 79905-2415
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 1997
—
Vida Project
Paulino,dolores A & Jose C
Grant Deed
$50,350 · Seller
—
—
Pv Community Dev Corp
—
Deed Of Trust
related
$400,000 · Weststar FCU
—
—
Project Vida
—
Loan Modification
related
$400,000 · Weststar Bk
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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