Industrial Facility for
For Sale
Contact for pricing
6841 Commerce Ave, El Paso, TX 79915
Industrial building with two drive-in doors and six dock-high doors, zoned M1 and suited for light manufacturing or shipping.
Property Size40,176 SF
Price / SF$62.23
Days on Market187
Property Features for 6841 Commerce Ave
General Information
Standard status
Active
Size
40,176 SF
Property subtype
INDUSTRIAL
Zoning
M1
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Dock-High Doors
6
Drive-In Doors
2
Listing Agency:
Team Juan Uribe
Listed By:
Juan Uribe · License #20228
(915) 479-5151
Source:
Moodyscre
Added: Mar 2
Changed: Aug 10
Last Checked: Jul 21 at 5:47AM
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 Team Juan Uribe
Investment Insights
Based on property information with market context.
This ±40,176 SF industrial facility is offered for sale and is zoned M1. The building is positioned for light manufacturing or shipping operations and includes two drive-in doors plus six exterior dock-high doors to support efficient loading and distribution. Single-phase power is available, and the site notes that all utilities are available.
The property is located on Commerce Ave in El Paso, TX, with convenient access to Interstate 10 for regional connectivity.
With multiple loading configurations and M1 zoning, the facility is designed to accommodate a range of industrial workflows requiring straightforward shipping and receiving capabilities.
The property is located on Commerce Ave in El Paso, TX, with convenient access to Interstate 10 for regional connectivity.
With multiple loading configurations and M1 zoning, the facility is designed to accommodate a range of industrial workflows requiring straightforward shipping and receiving capabilities.
Key Highlights
- 40,176 SF industrial building in El Paso for light manufacturing or shipping operations.
- Zoned M1 for industrial use.
- Loading and distribution: 2 drive‑in doors and 6 exterior dock‑high doors.
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
$191,138
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
7.65%
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%
$3,822,760
$3.8M
Cap Rate 7%
$2,730,543
$2.7M
Cap Rate 9%
$2,123,756
$2.1M
Market Conditions
NOI Build-Up for 40,176 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
$303.7K $7.56/SF
− Vacancy
−$30.7K −$0.76/SF
EGI
$273.1K $6.80/SF
− OpEx
−$81.9K −$2.04/SF
NOI
$191.1K $4.76/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
30.00%
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%
$3,822,760
Cap Rate 7%
$2,730,543
Cap Rate 9%
$2,123,756
Alternative Uses
Best Use
Warehouse
$3.32M
$2.90M – $3.87M
NOI $232,096 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$2.73M
$2.39M – $3.19M
NOI $191,138 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,546 @ 7.0% cap · market cap 28.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 79915, TX
35,234
Population
14,139
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
68%
High-School Grad
8.9 sq mi
ZIP Area
3,959
Density / Sq Mi
$35,938
Median Household Income
$25,400
Median Earnings
$808
Median Rent
$117,600
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.
Frequently Asked Questions
What type of property is this?
Distribution center - Industrial building with two drive-in doors and six dock-high doors, zoned M1 and suited for light manufacturing or shipping.
Where is this distribution center located?
The property is located at 6841 Commerce Ave El Paso, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 40,176 SF industrial building in El Paso for light manufacturing or shipping operations.; Zoned M1 for industrial use.; Loading and distribution: 2 drive‑in doors and 6 exterior dock‑high doors.
