Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1525 Magoffin Ave El Paso, TX 79901

    For Sale
    $1,390,500

    18,540 SF Warehouse, NNN Leaseback, High ROI

    Property size:
    18,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 18,540-square-foot industrial warehouse located at 1525 Magoffin Ave, El Paso, TX 79901. The property, classified as Class C, boasts a desirable distribution, flex, and R&D subtype, perfectly suited for a variety of uses. Built in 1950 and extensively renovated in 2021, this single-story building features a 16-foot ceiling height, one loading dock, and convenient drive-in access. Its strategic location in El Paso's central manufacturing district offers easy access to I-10 and downtown. The property includes a valuable rail spur, enhancing its logistical capabilities. Currently operating as a successful manufacturing business, the seller is offering a compelling sale-leaseback arrangement, with a proposed 5-year lease (plus a 5-year option) at $7,000 per month NNN. The property's strong financial performance is reflected in its $84,000 net operating income (NOI) and a 6.04% cap rate. The asking price is $1,390,500, with 2024 property taxes totaling $7,255.10. The property is zoned M1 and has an APN of C849-999-0700-2900. This is a rare opportunity to acquire a well-maintained, income-producing asset with significant upside potential in a thriving El Paso location.

    Property Features for 1525 Magoffin Ave

    General Information

    Property type
    Life science properties
    Square Feet
    18,540 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1950/2021
    Stories
    1

    HighLights

    • 18,540 SF warehouse with rail spur.
    • Excellent I‑10 and Downtown El Paso location.
    • Sale‑leaseback opportunity with NNN terms.
    • 2024 property taxes: $7,255.10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FCS Wrought Iron Metal Fabricator Ary Automation & Control, ... Automation Company EPTEX Coatings LLC Industrial Equipment Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.4716981
    Latitude
    31.7657131

    Nearby Similar for Sale

    • $730,000
      0.50 Acres

      Eastside Office Suites For Sale

      Eastside office building with high-performance suites near Loop 375.
      12110 Freight Ln, El Paso, TX 79936
      View Details
    • $940,000
      1.74 Acres

      El Paso Mixed-Use Investment Opportunity

      1.74 acres with income potential near Montana Ave corridor.
      14573-B Van Fleet Rd, El Paso, TX 79938
      View Details
    • $398,750
      0.28 Acres

      Mixed-Use Property: El Paso Corner

      Mixed-use property with grocery store, residence, and rental units.
      2027- Magoffin Ave, El Paso, TX 79901
      View Details
    • New
      $479,000
      3,389 SF

      Remodeled Duplex in West El Paso

      Fully remodeled duplex in a desirable West El Paso neighborhood.
      293 Atlantic Rd, El Paso, TX 79922
      View Details
    • New
      $620,000
      0.48 Acres

      El Paso Versatile Commercial Property

      Adaptable commercial building suitable for various purposes in El Paso.
      7728 Alameda Ave, El Paso, TX 79915
      View Details
    • New
      $749,950
      0.13 Acres

      El Paso Commercial Corner Property

      Corner property with up to six rentable spaces available for sale.
      4100 Dyer St, El Paso, TX 79930
      View Details

    FAQs

    What type of property is this?
    Life science property - 18,540 SF Warehouse, NNN Leaseback, High ROI
    Where is this life science property located?
    The property is located at 1525 Magoffin Ave El Paso, TX.
    What is the asking price?
    The asking price for this property is $1,390,500.
    What are key features of this property?
    This property features: 18,540 SF warehouse with rail spur.; Excellent I-10 and Downtown El Paso location.; Sale-leaseback opportunity with NNN terms.
    Request Owner's contact information
    1525 Magoffin Ave El Paso, TX 79901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1525 Magoffin Ave
    El Paso, TX 79901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1525 Magoffin Ave El Paso, TX 79901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.