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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Medical Office Space
5301 Alameda Ave El Paso, TX 79905-2809
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0409297
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Total area
11,842 SF
Lot
0.94 ac (41,164 SF)
Zoning code
SCZ
APN
X011-999-000C-5700
UPID
US82-0409297
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
-
Dr. David Turbay Physician
-
High Ridge Construction Remodeling Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.47M
Owner & transaction history
Shc Real Estate LLC · 11 yrs held
Shc Real Estate LLC
since 2015
6 recorded transactions
Zoning & alternative use
SCZ · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Smart Code Zone
General category
UNKNOWN
Zone area
34.85 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.0M
+59.1%
Retail stores
$1.7M
+37.4%
Commercial (general)
$1.6M
+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
$1,265,000
Current use
RESTAURANT
$2,015,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,740,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,620,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,590,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,285,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$124 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$31,805
Tax year 2019
Assessed value
$1,341,116
Assessed 2023
Previous assessed
$1,341,116
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$287,326
Assessed improvement
$1,053,790
Land market value
$287,326
Improvement market value
$1,053,790
Total market value
$1,341,116
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
1970
Heating
YES
Cooling
YES
Stories
1
Total area
11,842 SF
Lot
0.94 ac (41,164 SF)
Zoning code
SCZ
APN
X011-999-000C-5700
UPID
US82-0409297
Jurisdiction
EL PASO
Zoning & alternative use
SCZ · El Paso, TXZoning SCZ · permitted uses
SCZ · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Smart Code Zone
General category
UNKNOWN
Zone area
34.85 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.0M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.3M
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
1970
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Shc Real Estate LLC
Entity
Mailing address
1037 BROADMOOR DR, EL PASO, TX 79912-2003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Mar 28, 2017
—
Turbay Real Estate Co LLC
—
Deed
related
$1,000,000 · Capital Bk Ssb
Mar 11, 2015
—
Shc Real Estate LLC
Cushman Stefan
Warranty Deed
related
—
Sep 26, 2013
—
Turbay Real Estate Co LLC
Hrr Holdings LLC
Warranty Deed
$1,000,000 · Capital Bank
Jan 26, 2010
—
Hrr Holdings LLC
—
Trustees Deed
related
$302,000 · Natalia Rivera
Feb 8, 2006
—
Hrr Holdings LLC
Paisano Medical Plaza
Warranty Deed
$620,825 · Wachovia Bank NA
—
—
Turbay Real Estate Co LLC
—
Loan Modification
related
$1,000,000 · Capital Bk Ssb
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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