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    6949 Market Ave El Paso, TX 79915

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    For Sale
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    77,365 SF, Cold Storage, Rail Access

    Property size:
    77,365 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 77,365-square-foot Class B industrial property in El Paso, Texas, presents a unique investment opportunity. Situated on a 4.55-acre lot, this two-story building boasts a versatile layout encompassing office space, warehouse facilities, and extensive cold storage capabilities. Built in 1970 and renovated in 2003, the property features 18-25 ft ceiling heights, providing ample storage space. The warehouse includes five dock-high bays (4.5 ft) with a pull-through loading area connected to refrigerated storage, and five additional roll-up doors with rail access. Ample parking is available with 84 surface spaces and a 34-space underground garage. The property also includes a two-bay mechanical shop, fueling pumps, and secured perimeter fencing. Modern office amenities include updated breakrooms, a boardroom, a large training space with a kitchen, a nursing station, and a secure reception area. The building is equipped with 420 volts and 1200 amps of electrical service and refrigerated air conditioning throughout. The cold storage areas offer temperature control, with removable freezer capabilities ranging from 0-36 degrees Fahrenheit. The property is zoned M1-SC. Note that the seller will lease back the warehouse space until August 2025. This property is ideal for a variety of logistics and distribution businesses. The property's features include forklift charging stations, roll-up doors with ramp access, and four separate warehouse entrances.

    Property Features for 6949 Market Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    77,365 SF
    Class
    B
    Lot Size
    198,198 SF

    Building Details

    Year Built/Renovated
    1970/2003
    Stories
    2

    HighLights

    • Class B office space with customizable layouts, updated breakroom, executive boardroom, large training space with kitchen, nursing station, and secure reception area.
    • Rail access with five roll‑up doors and five dock‑high bays (4.5 ft) with pull‑through loading and refrigerated storage.
    • 84 surface parking spaces and a 34‑space underground garage.
    • Two‑bay mechanical shop, fueling pumps for OTR trucks, and secured perimeter fencing.
    • Cold storage warehouse with temperature control ranging from [INSERT DEGREE RANGE], offering removable freezer capabilities (0‑36°F).
    • 18‑25 ft clear height, 420‑volt 1200‑amp electrical service, refrigerated air conditioning, site‑wide security, forklift charging stations, and roll‑up doors with ramp access and four separate warehouse entrances.
    Property Profile Location Intelligence

    Current Use by Public Records

    L&F Distributors of El ... Beer Distributor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -106.38541805742
    Latitude
    31.769029264085

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 77,365 SF, Cold Storage, Rail Access
    Where is this refrigerated / cold storage located?
    The property is located at 6949 Market Ave El Paso, TX.
    What are key features of this property?
    This property features: Class B office space with customizable layouts, updated breakroom, executive boardroom, large training space with kitchen, nursing station, and secure reception area.; Rail access with five roll-up doors and five dock-high bays (4.5 ft) with pull-through loading and refrigerated storage.; 84 surface parking spaces and a 34-space underground garage.
    Request Owner's contact information
    6949 Market Ave El Paso, TX 79915
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    El Paso, TX 79915
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    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
    6949 Market Ave El Paso, TX 79915
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