Updated Showroom
For Sale
$577,700
8635 N LOOP Drive, El Paso, TX 79907
Commercial Sale, El Paso, TX
Property Size2,500 SF
Lot Size0.25 Acres
Price / SF$231.08
Days on Market191
Property Features for 8635 N LOOP Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Fireplace
1
Standard status
Active
APN
H26299900105100
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HENRY REPLAT TR 12 EXC (WLY PT) (14550.00 SQ FT)
Legal Description
HENRY REPLAT TR 12 EXC (WLY PT) (14550.00 SQ FT)
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Block, Frame, Stucco, Wood Siding, Brick
Listing Agency:
Sandra Luna & Associates
(915) 592-5862
Listed By:
Armando Ramon Ortiz
(915) 820-0069
Added: Mar 13
Changed: Sep 13
Last Checked: Sep 19 at 3:06PM
MLS# 940218
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This showroom-oriented commercial property includes nearly 2,500 square feet of space on a 0.25-acre lot. The front building functions as a showroom and has been updated. Construction includes block, frame, stucco, wood siding, and brick elements. The property also features central air conditioning, central electric heating, and a fireplace.
Parking is available on the 14,550-square-foot site for clients and staff. The property is zoned C1 and includes public sewer service, with phone service available. Its commercial configuration supports showroom and retail-oriented use within an existing building.
Parking is available on the 14,550-square-foot site for clients and staff. The property is zoned C1 and includes public sewer service, with phone service available. Its commercial configuration supports showroom and retail-oriented use within an existing building.
Key Highlights
- Nearly 2,500 square feet of commercial space
- 0.25‑acre lot totaling 14,550 square feet
- Updated front showroom building
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
$28,350
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
4.91%
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%
$567,000
$567.0K
Cap Rate 7%
$405,000
$405.0K
Cap Rate 9%
$315,000
$315.0K
Market Conditions
NOI Build-Up for 2,500 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
$45.0K $18.00/SF
− Vacancy
−$4.5K −$1.80/SF
EGI
$40.5K $16.20/SF
− OpEx
−$12.2K −$4.86/SF
NOI
$28.4K $11.34/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$18.00 /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%
$567,000
Cap Rate 7%
$405,000
Cap Rate 9%
$315,000
Alternative Uses
Best Use
Retail
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.2K
$548.8K – $731.7K
NOI $43,903 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
6,623 visits/mo
0.3 miles
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 Retail in El Paso, TX
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Frequently Asked Questions
What type of property is this?
Showroom - C1-zoned commercial property with client and staff parking and a refreshed front showroom.
Where is this showroom located?
The property is located at 8635 N LOOP Drive El Paso, TX.
What is the asking price?
The asking price for this property is $577,700.
What are key features of this property?
This property features: Nearly 2,500 square feet of commercial space; 0.25‑acre lot totaling 14,550 square feet; Updated front showroom building
