Three-Suite Office Units in
For Sale
$730,000
12110 FREIGHT LANE, El Paso, TX 79936
COMMERCIAL - El Paso, TX
Property Size4,080 SF
Lot Size0.50 Acres
Price / SF$178.92
Days on Market564
Property Features for 12110 FREIGHT LANE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking
14
Parking features
Assigned, Guest
Fireplace
1
Standard status
Active
APN
V89399942700100
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
427 VISTA DEL SOL #88 PT OF 1 BEG 144.6FT E OF NWC (126.28 FT ON ST - 181.68 FTON E - 124.24 FT ON S - 170.24 FT ON W)(
Tax Annual Amount
12165
Legal Description
427 VISTA DEL SOL #88 PT OF 1 BEG 144.6FT E OF NWC (126.28 FT ON ST - 181.68 FTON E - 124.24 FT ON S - 170.24 FT ON W)(
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Multi Units, Central Air
Building Details
Floors in Building
1
Building materials
Stucco
Listing Agency:
BorderView Realty
(915) 443-2979
Listed By:
James Benoit
(915) 229-6544
Added: Feb 13, 2025
Changed: Aug 4
Last Checked: Aug 31 at 3:06PM
MLS# 916967
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.
Three distinct office suites in a C4 (Heavy Commercial) setting, built in 2014. The building totals 4,080 SF and is designed as Unit A (1,548 SF, currently available), Unit B (1,170 SF), and Unit C (1,362 SF, currently available), with flexibility to reconfigure into one larger unit. Gas and electric are independently metered to each unit, while water is separately metered for landscaping and building use.
On-site amenities include 14 parking spaces with assigned and guest parking. The building also features central forced-air heating and central air cooling. Fireplace is listed as present. Utilities include phone availability and public sewer.
Positioned in the established industrial area of the Vista Del Sol subdivision, the property is approximately 1 mile to Interstate 10 and about 2 miles to Loop 375. Traffic counts from TxDOT AADT 2023 note N Zaragoza Road at 23,521 VPD and George Dieter Drive at 22,046 VPD.
On-site amenities include 14 parking spaces with assigned and guest parking. The building also features central forced-air heating and central air cooling. Fireplace is listed as present. Utilities include phone availability and public sewer.
Positioned in the established industrial area of the Vista Del Sol subdivision, the property is approximately 1 mile to Interstate 10 and about 2 miles to Loop 375. Traffic counts from TxDOT AADT 2023 note N Zaragoza Road at 23,521 VPD and George Dieter Drive at 22,046 VPD.
Key Highlights
- Built in 2014 with C4 (Heavy Commercial) zoning
- 4,080 SF building designed as three suites: Unit A 1,548 SF, Unit B 1,170 SF, Unit C 1,362 SF
- Unit A and Unit C are currently available; property can be reconfigured into one larger unit
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
$45,331
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
6.21%
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%
$906,620
$906.6K
Cap Rate 7%
$647,586
$647.6K
Cap Rate 9%
$503,678
$503.7K
Market Conditions
NOI Build-Up for 4,080 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
$73.4K $18.00/SF
− Vacancy
−$13.0K −$3.19/SF
EGI
$60.4K $14.81/SF
− OpEx
−$15.1K −$3.70/SF
NOI
$45.3K $11.11/SF
Area
ZIP 79936
Vacancy
17.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$906,620
Cap Rate 7%
$647,586
Cap Rate 9%
$503,678
Alternative Uses
Best Use
Office B
$647.6K
$566.6K – $755.5K
NOI $45,331 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$863.2K
$755.3K – $1.01M
NOI $60,424 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 79936, TX
105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
Median Home Value
Market
Vacancy Rate% for Office in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Three-office suite building built in 2014 with independently metered utilities and C4 heavy commercial zoning.
Where is this office units located?
The property is located at 12110 FREIGHT LANE El Paso, TX.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Built in 2014 with C4 (Heavy Commercial) zoning; 4,080 SF building designed as three suites: Unit A 1,548 SF, Unit B 1,170 SF, Unit C 1,362 SF; Unit A and Unit C are currently available; property can be reconfigured into one larger unit
