Flex Office/Warehouse with Tall
3605 ESPER Drive El Paso, TX 79936
3605 ESPER Drive, El Paso, TX, 79936
$849,950
For Sale
$849,950
COMMERCIAL - El Paso, TX
Property Size5,000 SF
Lot Size0.43 Acres
Price / SF$169.99
Days on Market383
Property Features for 3605 ESPER Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4
- Parking
- 7
- Parking features
- Assigned, On Street
- Fireplace
- 1
- Standard status
- Active
- APN
- E93399900100500
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1 ESPER LOT 5 (18528.40 SQ FT)
- Tax Annual Amount
- 1898
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
Building Details
- Floors in Building
- 1
- Building materials
- Steel Frame, Metal Siding
Listing Agency
The Right Move Real Estate Gro
(915) 253-1966
10420 Montwood Dr. Ste. N-163, El Paso, TX
Listed by
Henry P. Holguin · License #0451674
(915) 630-3122
Added: Jul 3, 2025 Updated: Jul 11 at 5:31 am Checked: Jul 20 at 8:06 pm
MLS# 925751
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.
Recently completed flex office/warehouse property offers a practical combination of insulated warehouse and built-out office and restroom areas. The warehouse measures 50' x 100' with a maximum ceiling height of 22' and a 16' center height, supporting storage, distribution, or light industrial workflows. Office and restroom areas are served by dedicated heating and cooling systems for year-round comfort. Additional building and site features include a fire sprinkler system, secure perimeter fencing, professionally landscaped surroundings, energy-efficient LED lighting throughout interior and exterior areas, and single-phase electrical service.
The property is located at 3605 Esper Drive in El Paso, Texas 79936, and is offered under C4 zoning. The lot size is 0.43 acres.
This configuration is designed for businesses that need both warehouse functionality and on-site office space in a purpose-built facility. With insulated warehouse construction, controlled office climate, sprinkler protection, and secure perimeter fencing, the building supports day-to-day operational needs for a range of flex users seeking a newly constructed space within C4 zoning.
The property is located at 3605 Esper Drive in El Paso, Texas 79936, and is offered under C4 zoning. The lot size is 0.43 acres.
This configuration is designed for businesses that need both warehouse functionality and on-site office space in a purpose-built facility. With insulated warehouse construction, controlled office climate, sprinkler protection, and secure perimeter fencing, the building supports day-to-day operational needs for a range of flex users seeking a newly constructed space within C4 zoning.
Key Highlights
- Newly constructed commercial flex office/warehouse with C‑4 zoning
- 50' x 100' insulated warehouse with 22 ft maximum ceiling height and 16 ft center height
- Fire sprinkler system and secure perimeter fencing
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.0k | $18.00 |
| − Vacancy | −$15.9k | −$3.19 |
| EGI | $74.1k | $14.81 |
| − OpEx | −$18.5k | −$3.70 |
| NOI | $55.6k | $11.11 |
5,000 SF · lease $18.00/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$793.6K
$694.4K – $925.9K
NOI $55,553 @ 7.0% cap · market cap 6.54%
Second Best
Flex RnD
$626.8K
$548.4K – $731.3K
NOI $43,875 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.06M
$925.6K – $1.23M
NOI $74,049 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Newly constructed C4 flex building combines insulated warehouse space with dedicated office and comfort systems for year-round operations.
Where is this flex space located?
The property is located at 3605 ESPER Drive El Paso, TX.
What is the asking price?
The asking price for this property is $849,950.
What are key features of this property?
This property features: Newly constructed commercial flex office/warehouse with C‑4 zoning; 50' x 100' insulated warehouse with 22 ft maximum ceiling height and 16 ft center height; Fire sprinkler system and secure perimeter fencing
