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    10921 Pellicano Dr El Paso, TX 79935

    For Lease
    $180 SF/Yr

    Traditional office building, multiple tenants.

    Lot size:
    15,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 15,300 square foot traditional office building is located at 10925 Pellicano Drive, El Paso, Texas, 79935, conveniently situated near Lomaland Dr. in El Paso County. The property is currently configured for multiple tenants, offering a flexible layout ideal for a variety of businesses. The building boasts a total of 15,300 square feet, with 450 square feet currently vacant, presenting an immediate opportunity for expansion or new tenancy. This presents a unique chance to acquire a well-established office space in a thriving El Paso location. The property's address is 10921 Pellicano Dr., El Paso, TX 79925. The building's traditional office design provides a classic and professional atmosphere. The available vacant space offers potential for customization to suit specific business needs. The multiple tenancy setup allows for diverse occupancy and potential for increased rental income. This property is an excellent investment opportunity in a desirable El Paso location. Further details regarding lease terms and potential tenant occupancy are available upon request. The property is categorized as a traditional office building and is situated in El Paso County, Texas.

    Property Features for 10921 Pellicano Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,300 SF
    Total Rate
    229500

    Unit(s) available at that property

    Space
    Suite 107
    Size
    450 SF
    Rate per SF
    $264

    HighLights

    • 15,300 SF traditional office building in El Paso, TX, near Lomaland Dr.
    • Currently configured for multiple tenants with 450 SF of vacant space.
    • 29 individual office spaces, shared restrooms, kitchen/break area, and ample parking.
    • Landlord provides free signage for each office space, directory, and outdoor monument signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baby Ultrasounds Medical Clinic JC TAX SERVICES Tax Preparation Service Rivas Advanced Services Bookkeeping Service All In Credit Repair ... Credit Counseling Service Blue Lacy SEO Website Designer

    Suggested Use

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

    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
    -106.3313418072
    Latitude
    31.751303334639

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    FAQs

    What type of property is this?
    Office Property / Space - Traditional office building, multiple tenants.
    Where is this office property / space located?
    The property is located at 10921 Pellicano Dr El Paso, TX.
    What is the lease rate?
    The lease rate is $264 SF/Yr.
    What are key features of this property?
    This property features: 15,300 SF traditional office building in El Paso, TX, near Lomaland Dr.; Currently configured for multiple tenants with 450 SF of vacant space.; 29 individual office spaces, shared restrooms, kitchen/break area, and ample parking.
    Request Owner's contact information
    10921 Pellicano Dr El Paso, TX 79935
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    El Paso, TX 79935
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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
    10921 Pellicano Dr El Paso, TX 79935
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