Two-Building Industrial
For Sale
Contact for pricing
3715 BUCKNER ST, El Paso, TX 79925
Metal industrial buildings offer grade-level loading, three-phase power, HVAC, and access to major transportation routes.
Property Size9,030 SF
Price / SF$104.65
Days on Market11
Property Features for 3715 BUCKNER ST
General Information
Standard status
Active
Size
9,030 SF
Class
C
Property subtype
Industrial
Zoning
C-4
Occupancy
100%
Lease Type
NNN
Net Operating Income
$103,981
Building Details
Year Built
1976
Year Renovated
1979
Buildings
2
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Antonio
(972) 755-5200
Listed By:
Ernesto Melgar Campos · License #TX: 788700
Source:
Crexi
Added: Jul 27
Changed: Aug 3
Last Checked: Aug 6 at 9:26AM
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 Marcus & Millichap - San Antonio
Investment Insights
Based on property information with market context.
This C-4-zoned warehouse property includes two metal buildings totaling 9,030 square feet on approximately 0.5 acres. Built in 1976, the improvements provide 14 to 16 feet of clear height, two grade-level doors, three-phase power, and two HVAC units. Twelve parking spaces serve employees and visitors.
The property is adjacent to El Paso International Airport and fronts U.S. Route 62, with Interstate 10 providing access to the regional transportation network. Its combination of warehouse space, loading access, power capacity, and established improvements supports industrial operations requiring functional distribution and equipment-handling capabilities.
The property is adjacent to El Paso International Airport and fronts U.S. Route 62, with Interstate 10 providing access to the regional transportation network. Its combination of warehouse space, loading access, power capacity, and established improvements supports industrial operations requiring functional distribution and equipment-handling capabilities.
Key Highlights
- 9,030‑square‑foot warehouse property on approximately 0.5 acres
- Two metal warehouse buildings with 14’ to 16’ clear height
- Two grade‑level doors support loading and unloading
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
$52,166
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
5.52%
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%
$1,043,320
$1.0M
Cap Rate 7%
$745,229
$745.2K
Cap Rate 9%
$579,622
$579.6K
Market Conditions
NOI Build-Up for 9,030 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
$68.3K $7.56/SF
− Vacancy
−$6.9K −$0.76/SF
EGI
$61.4K $6.80/SF
− OpEx
−$9.2K −$1.02/SF
NOI
$52.2K $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%
$1,043,320
Cap Rate 7%
$745,229
Cap Rate 9%
$579,622
Alternative Uses
Best Use
Warehouse
$745.2K
$652.1K – $869.4K
NOI $52,166 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,579 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79925, TX
38,422
Population
16,272
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,196
Density / Sq Mi
$57,735
Median Household Income
$34,167
Median Earnings
$1,039
Median Rent
$176,300
Median Home Value
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?
Warehouse - Metal industrial buildings offer grade-level loading, three-phase power, HVAC, and access to major transportation routes.
Where is this warehouse located?
The property is located at 3715 BUCKNER ST El Paso, TX.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 9,030‑square‑foot warehouse property on approximately 0.5 acres; Two metal warehouse buildings with 14’ to 16’ clear height; Two grade‑level doors support loading and unloading
