Office Unit with Private
For Sale
Contact for pricing
B-7244 N Loop Dr, El Paso, TX 79915
A customer reception area and dedicated office support meetings alongside day-to-day service operations.
Property Size662 SF
Price / SF$1.28
Days on Market15
Property Features for B-7244 N Loop Dr
General Information
Standard status
Active
Size
662 SF
Listing Agency:
ClearView Realty
Listed By:
Paty Zavala · License #0686122
(915) 777-0642
Source:
Exprealty
Added: Oct 9
Changed: Oct 18
Last Checked: Oct 21 at 1:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ClearView Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B is a 662-square-foot office space at 7244 N Loop Dr in El Paso. Its layout includes a reception area, a separate private office, storage, and a bathroom, with mini-split heating and cooling. The unit was recently painted and can accommodate at least five desks while retaining a distinct office area.
The property sits two parcels from the Hawkins Boulevard and North Loop Drive intersection. Parking is shared with two other businesses on the lot.
The property sits two parcels from the Hawkins Boulevard and North Loop Drive intersection. Parking is shared with two other businesses on the lot.
Key Highlights
- 662‑square‑foot office unit with reception, private office, storage, and bathroom
- Space for at least five desks, plus a separate private office
- Mini‑split heating and cooling; recently painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,380
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,600
$167.6K
Cap Rate 7%
$119,714
$119.7K
Cap Rate 9%
$93,111
$93.1K
Market Conditions
NOI Build-Up for 662 SF
Gross rent
$13.7K $20.76/SF
− Vacancy
−$2.6K −$3.88/SF
EGI
$11.2K $16.88/SF
− OpEx
−$2.8K −$4.22/SF
NOI
$8.4K $12.66/SF
Area
El Paso, TX
Vacancy
18.70%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,600
Cap Rate 7%
$119,714
Cap Rate 9%
$93,111
Alternative Uses
Best Use
Office B
$119.7K
$104.8K – $139.7K
NOI $8,380 @ 7.0% cap · market cap 985.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$166.1K
$145.3K – $193.8K
NOI $11,626 @ 7.0% cap · market cap 1,367.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 79915, TX
35,234
Population
14,139
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
68%
High-School Grad
8.9 sq mi
ZIP Area
3,959
Density / Sq Mi
$35,938
Median Household Income
$25,400
Median Earnings
$808
Median Rent
$117,600
Median Home Value
Market
Vacancy Rate% for Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Office unit - A customer reception area and dedicated office support meetings alongside day-to-day service operations.
Where is this office unit located?
The property is located at B-7244 N Loop Dr El Paso, TX.
What are key features of this property?
This property features: 662‑square‑foot office unit with reception, private office, storage, and bathroom; Space for at least five desks, plus a separate private office; Mini‑split heating and cooling; recently painted
