For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Office/Warehouse with Tall Ceilings Title is generated by Realmo AI

    3605 ESPER Drive, El Paso, TX 79936

    View on Map
    Claim this Listing
    For Sale
    $849,950

    COMMERCIAL - El Paso, TX

    Property size:
    5,000 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $169/SF
    Added:
    Jul 3, 2025
    Days on Market:
    372
    Last Refresh:
    Jul 9 at 3:06 pm

    Property Features for 3605 ESPER Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C4
    Parking
    7
    Parking features
    On Street, Assigned
    Fireplace
    1
    Standard status
    Active
    APN
    E93399900100500
    Size
    5,000 SF
    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

    We can help!

    Contact an agent
    Henry P. Holguin

    Listing agent Henry P. Holguin License #0451674

    Listing office The Right Move Real Estate Gro 10420 Montwood Dr. Ste. N-163, El Paso, TX

    Listing date Jul 3, 2025

    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.

    HighLights

    • Recently completed commercial flex office/warehouse in C‑4 zoning
    • 50' x 100' insulated warehouse with 22 ft maximum ceiling height and 16 ft center height
    • Office and restroom areas with dedicated heating and cooling systems
    • Fire sprinkler system plus secure perimeter fencing
    • LED lighting throughout the interior and exterior; powered by single‑phase electricity
    • Public sewer; electricity available; on‑street and assigned parking

    Overview

    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.

    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 (±1% cap)
    NOI $55,553 @ 7.0% cap · market cap 6.54%
    Second Best
    Flex RnD
    $626.8K
    $548.4K – $731.3K (±1% cap)
    NOI $43,875 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $1.06M
    $925.6K – $1.23M (±1% cap)
    NOI $74,049 @ 7.0% cap · market cap 8.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Dental Office Hair Salon Pharmacy Restaurant Spa & Massage Center Skin Care Clinic Barber Shop Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.295486
    Latitude
    31.798702

    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: Recently completed commercial flex office/warehouse in C‑4 zoning; 50' x 100' insulated warehouse with 22 ft maximum ceiling height and 16 ft center height; Office and restroom areas with dedicated heating and cooling systems
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message