High-Clearance Distribution
For Sale
$1,400,000
2015-2019 MYRTLE Avenue, El Paso, TX 79901
Commercial Sale, El Paso, TX
Property Size15,000 SF
Lot Size0.35 Acres
Price / SF$93.33
Days on Market50
Property Features for 2015-2019 MYRTLE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking features
On Street
Fireplace
1
Subdivision
Bassett
Standard status
Active
APN
B20299904204100 / B20299904206100
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
42 BASSETT 24 TO 26 (9000 SQ FT) and 42 BASSETT 27 & 28 (6000 SQ FT.)
Tax Annual Amount
19637
Legal Description
42 BASSETT 24 TO 26 (9000 SQ FT) and 42 BASSETT 27 & 28 (6000 SQ FT.)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Floors in Building
1
Building materials
Steel Frame, Concrete, Block
Additional Structures
Workshop
Listing Agency:
Better Homes and Gardens Real Estate Elevate
(915) 225-2266
Listed By:
Gloria Preciado
(915) 920-2537
Added: Aug 25
Changed: Oct 9
Last Checked: Oct 13 at 4:06PM
MLS# 949993
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.
This distribution center is a steel-frame, concrete, and block industrial facility with high-clearance interior space and three overhead garage doors measuring 15 1/2 feet. The property includes a refrigerated-air-conditioned office and reception area, along with 220 and 240 Amp outlets. Natural gas and forced-air heating are provided, and the site is served by public sewer.
Situated on 0.35 acres at 2015-2019 Myrtle Avenue, the facility is near the International Border, Downtown El Paso, and I-10. C4 zoning and on-street parking are additional site characteristics.
Situated on 0.35 acres at 2015-2019 Myrtle Avenue, the facility is near the International Border, Downtown El Paso, and I-10. C4 zoning and on-street parking are additional site characteristics.
Key Highlights
- Three overhead garage doors measuring 15 1/2 feet
- 220 and 240 Amp outlets
- Refrigerated‑air‑conditioned office and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,655
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,733,100
$1.7M
Cap Rate 7%
$1,237,929
$1.2M
Cap Rate 9%
$962,833
$962.8K
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$113.4K $7.56/SF
− Vacancy
−$11.5K −$0.76/SF
EGI
$101.9K $6.80/SF
− OpEx
−$15.3K −$1.02/SF
NOI
$86.7K $5.78/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,733,100
Cap Rate 7%
$1,237,929
Cap Rate 9%
$962,833
Alternative Uses
Best Use
Warehouse
$1.24M
$1.08M – $1.44M
NOI $86,655 @ 7.0% cap · market cap 6.19%
Second Best
Industrial
$1.02M
$892.0K – $1.19M
NOI $71,363 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,421 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,837
Businesses Nearby
Explore this area
Business Placement
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Industrial facility with oversized loading access, conditioned office space, and C4 zoning near central El Paso.
Where is this distribution center located?
The property is located at 2015-2019 MYRTLE Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three overhead garage doors measuring 15 1/2 feet; 220 and 240 Amp outlets; Refrigerated‑air‑conditioned office and reception area
