Industrial Warehouse on
For Sale
$4,700,000
3700 Durazno, El Paso, TX 79905
56,000+ SF industrial warehouse on a 2.29-acre lot with visibility from I-10 in El Paso.
Property Size56,000 SF
Lot Size2.29 Acres
Price / SF$83.93
Days on Market571
Property Features for 3700 Durazno
General Information
Standard status
Active
Size
56,000 SF
Lot size
2.29 Acres
Property subtype
General Commercial
Additional Details
Highway Access
Yes
Amenities
Evaporative
3
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Jorge Orrantia · License #0707055
(915) 803-9221
Source:
Xome
Added: Feb 11, 2025
Changed: Sep 2
Last Checked: Sep 5 at 4:48AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
For sale: a 56,000+ square foot industrial warehouse set on a 2.29-acre lot in El Paso, Texas. The facility is positioned for logistics, distribution, or manufacturing operations, offering a straightforward platform for industrial users seeking warehouse space.
The property is described as having visibility from I-10, with proximity to major highway connections and international bridges and ports of entry. This gives tenants the ability to support cross-regional and international movements from a high-traffic thoroughfare.
The property is described as having visibility from I-10, with proximity to major highway connections and international bridges and ports of entry. This gives tenants the ability to support cross-regional and international movements from a high-traffic thoroughfare.
Key Highlights
- 56,000+ SF industrial warehouse on a 2.29‑acre lot in El Paso
- Visibility from I‑10
- Just minutes from major international bridges and highway connections
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
$323,511
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
6.88%
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%
$6,470,220
$6.5M
Cap Rate 7%
$4,621,586
$4.6M
Cap Rate 9%
$3,594,567
$3.6M
Market Conditions
NOI Build-Up for 56,000 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
$423.4K $7.56/SF
− Vacancy
−$42.8K −$0.76/SF
EGI
$380.6K $6.80/SF
− OpEx
−$57.1K −$1.02/SF
NOI
$323.5K $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 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%
$6,470,220
Cap Rate 7%
$4,621,586
Cap Rate 9%
$3,594,567
Alternative Uses
Best Use
Warehouse
$4.62M
$4.04M – $5.39M
NOI $323,511 @ 7.0% cap · market cap 6.88%
Second Best
Industrial
$3.81M
$3.33M – $4.44M
NOI $266,420 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$14.05M
$12.29M – $16.39M
NOI $983,437 @ 7.0% cap · market cap 20.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79905, TX
22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
Median Home Value
Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ELIS Warehouse — 307 N San Marcial St, El Paso, TX 79905
- Eqqus Express LLC — 3700 Durazno Ave, El Paso, TX 79905
Frequently Asked Questions
What type of property is this?
Warehouse - 56,000+ SF industrial warehouse on a 2.29-acre lot with visibility from I-10 in El Paso.
Where is this warehouse located?
The property is located at 3700 Durazno El Paso, TX.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 56,000+ SF industrial warehouse on a 2.29‑acre lot in El Paso; Visibility from I‑10; Just minutes from major international bridges and highway connections
