Industrial Building with Tenant
For Sale
$875,000
8555 Yermoland Dr, El Paso, TX 79907
Industrial building with existing tenant and owner-user opportunity.
Property Size10,000 SF
Price / SF$167.02
Days on Market208
Property Features for 8555 Yermoland Dr
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial - Manufacturing
Site & Location
Neighborhood
Corridor 20 Civic Association
Building Details
Building Size
10,000 SF
Year Built
1996
Listing Agency:
Coldwell Banker Commercial Lewis Realty Group
Listed By:
Carol Lewis · License #TX0461916BB
(915) 373-9288
Source:
Commercialcafe
Added: Apr 2
Changed: Oct 25
Last Checked: Oct 24 at 1:58PM
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 Coldwell Banker Commercial Lewis Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the Pendale Industrial area, half a block from I-10 between Lee Trevino and Zaragoza, this property features two tenant spaces. Side A, previously occupied by the seller's tool and die business, offers approximately 5,239 square feet of space with three-phase power, air lines, and added roof insulation. The space is equipped with offices cooled by refrigerated air and a grade-level delivery door. Side B is leased to Innovative Trades, providing electrical, mechanical, and plumbing services, with a lease extending through December 31, 2029. The current lease generates $29,424 in income, plus an additional $12,396 towards the prorata share of operating expenses. The remaining space is suitable for an owner/user with potential for future expansion. The entire property is fenced, making it ideal for overnight storage of company vehicles.
Key Highlights
- Prime location in Pendale Industrial area, close to I‑10 between Lee Trevino and Zaragoza.
- Income‑generating leased space (Side B) with a lease extended through 12/31/29, providing $29,424 annual income plus $12,396 towards operating expenses.
- Vacant space (Side A) of approximately 5,239 sq ft ideal for owner/user.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,492
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,840
$609.8K
Cap Rate 7%
$435,600
$435.6K
Cap Rate 9%
$338,800
$338.8K
Market Conditions
NOI Build-Up for 5,239 SF
Gross rent
$52.2K $9.96/SF
− Vacancy
−$5.3K −$1.01/SF
EGI
$46.9K $8.95/SF
− OpEx
−$16.4K −$3.13/SF
NOI
$30.5K $5.82/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,840
Cap Rate 7%
$435,600
Cap Rate 9%
$338,800
Alternative Uses
Best Use
Flex RnD
$435.6K
$381.2K – $508.2K
NOI $30,492 @ 7.0% cap · market cap 3.48%
Second Best
Industrial
$356.1K
$311.6K – $415.4K
NOI $24,925 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $92,004 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in El Paso, TX
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with existing tenant and owner-user opportunity.
Where is this manufacturing property located?
The property is located at 8555 Yermoland Dr El Paso, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Prime location in Pendale Industrial area, close to I‑10 between Lee Trevino and Zaragoza.; Income‑generating leased space (Side B) with a lease extended through 12/31/29, providing $29,424 annual income plus $12,396 towards operating expenses.; Vacant space (Side A) of approximately 5,239 sq ft ideal for owner/user.
