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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Medical Office Space
7480 Paseo Del Norte El Paso, TX 79911-3200
Entity Owned
7-yr Hold
Free & Clear
Property ID
US83-0939151
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2016
Total area
3,640 SF
Lot
0.62 ac (26,807 SF)
Zoning code
C3C
APN
C544-999-0010-0175
UPID
US83-0939151
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
-
CareNow Urgent Care - Cimarron Medical Clinic
-
Medpost Northwest El Paso-Cimarron Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$430k
Owner & transaction history
Hkm 287 LLC · 7 yrs held
Hkm 287 LLC
since 2018
2 recorded transactions
Zoning & alternative use
C3C · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$490,000
+29.9%
Retail stores
$400,000
+6.9%
Commercial (general)
$395,000
+5.5%
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
$430,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$375,000
Current use
AUTO REPAIR, GARAGE
$490,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$400,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$395,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$385,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$430k
Range $387k – $473k · ±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
$118 / 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
$20,832
Tax year 2023
Assessed value
$746,750
Assessed 2023
Previous assessed
$746,750
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$180,947
Assessed improvement
$565,803
Land market value
$180,947
Improvement market value
$565,803
Total market value
$746,750
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2016
Heating
NONE
Stories
1
Total area
3,640 SF
Lot
0.62 ac (26,807 SF)
Zoning code
C3C
APN
C544-999-0010-0175
UPID
US83-0939151
Jurisdiction
EL PASO
Zoning & alternative use
C3C · El Paso, TXZoning C3C · permitted uses
C3C · 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
$375,000
AUTO REPAIR, GARAGE
Est. value
$490,000
RETAIL STORES
Est. value
$400,000
COMMERCIAL (GENERAL)
Est. value
$395,000
OFFICE BUILDING
Est. value
$385,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2016
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Hkm 287 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6420 WILSHIRE BLVD STE #720, LOS ANGELES, CA 90048-5559
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Feb 20, 2019
—
Hkm 287 LLC
—
Deed
related
$880,000 · Jpmorgan Chase Bank NA
Dec 4, 2018
—
Hkm 287 LLC
Mp El Paso Ltd
Grant Deed
related
—
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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