El Paso Office Near
814 Wyoming Ave El Paso, TX 79902
For Sale
Contact for pricing
Office space near downtown El Paso, ideal for owner-user.
Property Size3,373 SF
Price / SF$177.39
Days on Market155
Property Features for 814 Wyoming Ave
General Information
- Standard status
- Active
- Size
- 3,373 SF
- Property subtype
- Office
Listing Agency:
Priority One PM
Listed By:
Kenny Gross · License #9002928
Source:
Crexi
Added: Feb 22
Changed: Jul 10
Last Checked: Jul 24 at 12:43PM
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 Priority One PM
Investment Insights
Based on property information with market context.
This property is located a short distance from Downtown El Paso, offering convenient access to I-10, UTEP, the medical district, and the International Ports to Mexico. The property is suitable for a professional owner-user or for leasing out office space to generate additional income. The property has a size of 3373 square feet.
Key Highlights
- Excellent location: enjoy a 5‑minute walk to Downtown El Paso.
- Easy access to I‑10, UTEP, medical district, and International Ports to Mexico.
- Ideal for professional owner‑user.
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 | $70.0k | $20.76 |
| − Vacancy | −$13.1k | −$3.88 |
| EGI | $56.9k | $16.88 |
| − OpEx | −$14.2k | −$4.22 |
| NOI | $42.7k | $12.66 |
3,373 SF · lease $20.76/SF/yr · vacancy 18.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$610.0K
$533.7K – $711.6K
NOI $42,697 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$846.2K
$740.4K – $987.3K
NOI $59,235 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office space near downtown El Paso, ideal for owner-user.
Where is this office units located?
The property is located at 814 Wyoming Ave El Paso, TX.
What is the asking price?
The asking price for this property is $598,350.
What are key features of this property?
This property features: Excellent location: enjoy a 5‑minute walk to Downtown El Paso.; Easy access to I‑10, UTEP, medical district, and International Ports to Mexico.; Ideal for professional owner‑user.
