Renovated Office
For Sale
Contact for pricing
8201-8201 Lockheed Dr, El Paso, TX 79925
Move-in ready, partially furnished office suite with private parking, dual-level restrooms, and utilities included.
Property Size456 SF
Price / SF$3.95
Days on Market346
Property Features for 8201-8201 Lockheed Dr
General Information
Standard status
Active
Size
456 SF
Site & Location
Neighborhood
Cielo Vista Neighborhood Association
Additional Details
Furnished
Yes
Amenities
private parking lot
men's and women's bathroom on both levels
utilities included
trash service included
Building Details
Stories
2
Listing Agency:
Majestic, REALTORS
(915) 779-5740
Listed By:
JoAnn Vivar
(915) 240-8086
Source:
Exprealty
Added: Nov 18, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:55PM
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 Majestic, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This recently renovated office suite offers a partially furnished setup with an open workspace, cabinetry, four desks, and upright horizontal filing cabinets. Men’s and women’s restrooms are available on both levels. The suite is move-in ready and includes all utilities and trash service. Internet and Wi-Fi are not included.
The office is centrally located just off the Montana corridor and is adjacent to the Main Post Office. On-site private parking is available for tenants and guests.
The suite size is 456 square feet and is being offered for sale.
The office is centrally located just off the Montana corridor and is adjacent to the Main Post Office. On-site private parking is available for tenants and guests.
The suite size is 456 square feet and is being offered for sale.
Key Highlights
- Recently renovated office suite, move‑in ready
- 456 sq ft partially furnished with open workspace cabinetry and 4 desks
- Private parking lot for tenants and guests
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,772
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,440
$115.4K
Cap Rate 7%
$82,457
$82.5K
Cap Rate 9%
$64,133
$64.1K
Market Conditions
NOI Build-Up for 456 SF
Gross rent
$9.5K $20.76/SF
− Vacancy
−$1.8K −$3.88/SF
EGI
$7.7K $16.88/SF
− OpEx
−$1.9K −$4.22/SF
NOI
$5.8K $12.66/SF
Area
El Paso, TX
Vacancy
18.70%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,440
Cap Rate 7%
$82,457
Cap Rate 9%
$64,133
Alternative Uses
Best Use
Office B
$82.5K
$72.2K – $96.2K
NOI $5,772 @ 7.0% cap · market cap 320.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$114.4K
$100.1K – $133.5K
NOI $8,008 @ 7.0% cap · market cap 444.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
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 Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Office unit - Move-in ready, partially furnished office suite with private parking, dual-level restrooms, and utilities included.
Where is this office unit located?
The property is located at 8201-8201 Lockheed Dr El Paso, TX.
What are key features of this property?
This property features: Recently renovated office suite, move‑in ready; 456 sq ft partially furnished with open workspace cabinetry and 4 desks; Private parking lot for tenants and guests
