3605 ESPER Drive El Paso, TX 79936
COMMERCIAL - El Paso, TX
- Added:
- Jul 3, 2025
- Days on Market:
- 377
- Last Refresh:
- Jul 14 at 12:06 am
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 agent Henry P. Holguin License #0451674 (915) 630-3122
Listing office The Right Move Real Estate Gro 10420 Montwood Dr. Ste. N-163, El Paso, TX (915) 253-1966
Listing date Jul 3, 2025
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.
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 |
