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Manufacturing Facility with Loading Access
For Sale
$2,500,000

1049 EASTSIDE Road, El Paso, TX 79915

M1-zoned industrial facility supports light manufacturing and shipping operations with multiple loading points and available utilities.

Property Size40,176 SF
Price / SF$62.23
Days on Market259

Property Features for 1049 EASTSIDE Road

General Information

Standard status Active
Size 40,176 SF
Property subtype General Commercial
Zoning M1

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Dock-High Doors 6
Drive-In Doors 2
Three-Phase Power No

Amenities

3
Unassigned.
Listing Agency:
Listed By: Team Juan Uribe
Source: Xome
Added: Dec 15, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team Juan Uribe

Investment Insights

Based on property information with market context.

This ±40,176 SF industrial facility is configured for light manufacturing and shipping operations. The building includes two drive-in doors and six exterior dock-high doors, supporting loading and distribution functions. Single-phase power is installed, and utilities are available.

Located at 1049 Eastside Road in El Paso, the property offers access to Interstate 10. M1 zoning supports the industrial classification identified for the site and provides a clear framework for evaluating manufacturing and logistics uses.

Key Highlights

  • ±40,176 SF industrial facility at 1049 Eastside Road, El Paso, TX 79915
  • M1 zoning
  • Two drive‑in 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 (±1% cap)
NOI $232,096 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$2.73M
$2.39M – $3.19M (±1% cap)
NOI $191,138 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M (±1% cap)
NOI $705,546 @ 7.0% cap · market cap 28.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

VIOEX LLC Home Appliance Store

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Grocery & Convenience Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

6.4% 2019
5.6% 2020
3.7% 2021
2.7% 2022
6.7% 2023
12.2% 2024
12.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - M1-zoned industrial facility supports light manufacturing and shipping operations with multiple loading points and available utilities.
Where is this manufacturing property 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: ±40,176 SF industrial facility at 1049 Eastside Road, El Paso, TX 79915; M1 zoning; Two drive‑in doors
More about this property
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