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    Property profile & analytics
    OFF-MARKET Estimated value $2,885,000
    Commercial real estate

    6949 Market Ave, El Paso, TX 79915-1111

    14,670 SF 4.33 ac lot Built 1970
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US82-5204135
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1970
    Total area 14,670 SF
    Lot 4.33 ac (188,528 SF)
    Zoning code M1S
    APN E131-999-0080-1750
    UPID US82-5204135
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • L&F Distributors of El Paso (Bud Light/Budweiser) Big Box & Wholesale Store Distribution Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.68M
    Comparable Approach Comparable
    $3.08M
    Blend (final) Blend
    $2.89M
    Owner & transaction history
    L & F Distributors LLC · 18 yrs held
    L & F Distributors LLC
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    M1S · El Paso, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $3.3M +88.7%
    Medical building $2.7M +53.7%
    Auto repair, garage $2.0M +13.0%
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