Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 Americas Ave El Paso, TX 79907-7004

    • Medical Office Space
    • 7,200 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimations
    $1,460,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5318055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • DaVita Americas Dialysis / Medical Clinic

    Property Details for 715 Americas Ave

    Year built
    2009
    Construction
    WOOD
    Lot size
    1.22 lot acres
    Property size
    7,200 SF
    Zone code
    C-3
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    A518-999-0010-0200
    APU
    A51899900100200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,555,000
      6.5%
      $1,435,000
      7%
      $1,335,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,482,000
      Market price range: $414k - $1.87M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,185,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,615,000
      Change: +36% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $965,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.298
    Latitude
    31.6886
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $32,118
    $481,476
    $754,524
    $1,236,000
    -
    $481,476
    $754,524
    $1,236,000

    Comparable in this City

    • Value Estimation
      $3,390,000
      15,490 SF

      8631 Loop Dr

      MEDICAL CLINIC • 15,490 SF
      8631 Loop Dr, El Paso, TX 79907-4520
      View Details
    • Value Estimation
      $1,340,000
      5,850 SF

      8330 Park Hvn Ave

      MEDICAL BUILDING • 5,850 SF
      8330 Park Hvn Ave, El Paso, TX 79907-4312
      View Details
    • Value Estimation
      $1,675,000
      9,132 SF

      1240 Lomaland Dr

      MEDICAL BUILDING • 9,132 SF
      1240 Lomaland Dr, El Paso, TX 79907-1405
      View Details
    • Value Estimation
      $1,835,000
      16,292 SF

      300 Zaragoza Rd

      MEDICAL CLINIC • 16,292 SF
      300 Zaragoza Rd, El Paso, TX 79907-6635
      View Details
    • Value Estimation by Request
      2,928 SF

      8800 Yermoland Dr

      MEDICAL BUILDING • 2,928 SF
      8800 Yermoland Dr, El Paso, TX 79907-1804
      View Details
    • Value Estimation by Request
      540 SF

      8290 Troy Ave

      MEDICAL BUILDING • 540 SF
      8290 Troy Ave, El Paso, TX 79907-5952
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,791 SF

      Executive Office Building, El Paso

      12,791 SF, I-10 Frontage, New Construction
      0 Swq I-10 & Alza Dr, El Paso, TX 79907
      View Details
    • $169,900
      Pending

      Updated Duplex Near I-10

      Updated 3-bedroom duplex near I-10, suitable for living or investment.
      824 Destello Rd, El Paso, TX 79907
      View Details
    • $35,000
      Pending

      El Paso Residential Development Land

      Residential lots suitable for duplex or quadraplex construction in El Paso.
      8529 Victor Ln, El Paso, TX 79907
      View Details
    • $389,000
      Pending

      El Paso Commercial Land Investment

      Three commercial lots near businesses and international bridge for sale.
      301 S Zaragoza Rd, El Paso, TX 79907
      View Details
    • $869,950
      0.48 Acres

      El Paso Apartment Complex

      Eight-unit apartment complex built in 2019, near I-10.
      8235 Carpenter Dr, El Paso, TX 79907
      View Details
    • $335,000
      4,013 SF

      El Paso Multifamily Property

      Two-unit property with potential for a third unit.
      320 Mirasol Dr, El Paso, TX 79907
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,000 SF

      El Paso Retail Center - 24,000 SF

      Prime El Paso retail space, 3 buildings, new construction.
      8100 Loop Dr, El Paso, TX 79907
      View Details
    • $20 SF/Yr
      166,835 SF

      El Paso Commercial Office Space

      Shell condition office suites ideal for medical or professional use.
      8623 N Loop Dr, El Paso, TX 79907
      View Details
    • $18 SF/Yr
      2,900 SF

      Prime Corner Location Office Space

      2,900 SF office space for lease in high-traffic area.
      100 S Americas Ave, El Paso, TX 79907
      View Details
    • Contact for pricing
      1,200 SF

      Zaragoza Village Retail Space

      Prime El Paso retail space available.
      615 Zaragoza Rd, El Paso, TX 79907
      View Details
    • $10 SF/Yr
      126,324 SF

      El Paso Warehouse with Office

      Warehouse and office space available for lease in El Paso.
      480 S Americas Ave, El Paso, TX 79907
      View Details
    • Contact for pricing
      1,184 SF

      Ysleta Pointe Retail & Office Space

      Prime El Paso Retail/Office Opportunity
      8899 Alameda Ave, El Paso, TX 79907
      View Details

    Property Visit Statistics

    • Visits by month
      18.9k
    • Visitors by month
      17.1k
    • Avg Time on site
      19 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Americas Ave
    El Paso, TX 79907-7004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!