Industrial Warehouse With Loading
For Sale
$2,500,000
1049 EASTSIDE Road, El Paso, TX 79915
COMMERCIAL - El Paso, TX
Property Size40,176 SF
Lot Size1.27 Acres
Price / SF$62.23
Days on Market190
Property Features for 1049 EASTSIDE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1
Parking features
Assigned
Fireplace
1
Standard status
Active
APN
E13199900209100
Lot size
1.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2 EASTSIDE INDUSTRIAL DIST 20 TO 24 & ELY 14.95 FT OF 19 (EXC SLY PTS OF 19 TO 22) (55117.68 SQ FT)
Tax Annual Amount
32117
Legal Description
2 EASTSIDE INDUSTRIAL DIST 20 TO 24 & ELY 14.95 FT OF 19 (EXC SLY PTS OF 19 TO 22) (55117.68 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Floors in Building
1
Building materials
Masonite
Listing Agency:
Team Juan Uribe
(915) 585-0007
Listed By:
Sebastian Alcazar · License #0719657
(915) 478-9905
Added: Feb 17
Changed: Aug 4
Last Checked: Aug 26 at 2:06PM
MLS# 938458
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1049 EASTSIDE Road in El Paso, this warehouse property occupies 1.27 acres and carries M1 zoning. The facility includes two drive-in doors and six exterior dock-high doors, creating multiple points for receiving and shipping. Single-phase power, available utilities, forced-air heating, public sewer, and assigned parking are identified for the property. Masonite is listed among the construction materials.
The site provides access to Interstate 10 and is positioned in El Paso County, supporting connections for regional industrial activity. Its documented configuration is suited to light manufacturing and shipping operations, while the loading improvements support distribution-related use. The property is offered for sale.
The site provides access to Interstate 10 and is positioned in El Paso County, supporting connections for regional industrial activity. Its documented configuration is suited to light manufacturing and shipping operations, while the loading improvements support distribution-related use. The property is offered for sale.
Key Highlights
- 1.27‑acre warehouse property with M1 zoning
- Two drive‑in doors for loading access
- Six exterior dock‑high doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$191,138
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,822,760
$3.8M
Cap Rate 7%
$2,730,543
$2.7M
Cap Rate 9%
$2,123,756
$2.1M
Market Conditions
NOI Build-Up for 40,176 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$303.7K $7.56/SF
− Vacancy
−$30.7K −$0.76/SF
EGI
$273.1K $6.80/SF
− OpEx
−$81.9K −$2.04/SF
NOI
$191.1K $4.76/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,822,760
Cap Rate 7%
$2,730,543
Cap Rate 9%
$2,123,756
Alternative Uses
Best Use
Warehouse
$3.32M
$2.90M – $3.87M
NOI $232,096 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$2.73M
$2.39M – $3.19M
NOI $191,138 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,546 @ 7.0% cap · market cap 28.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79915, TX
35,234
Population
14,139
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
68%
High-School Grad
8.9 sq mi
ZIP Area
3,959
Density / Sq Mi
$35,938
Median Household Income
$25,400
Median Earnings
$808
Median Rent
$117,600
Median Home Value
Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - M1-zoned warehouse with drive-in and dock access supports loading and distribution operations.
Where is this warehouse located?
The property is located at 1049 EASTSIDE Road El Paso, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1.27‑acre warehouse property with M1 zoning; Two drive‑in doors for loading access; Six exterior dock‑high doors
