Flex Space with Dock-High
For Sale
Contact for pricing
C1-480 S Americas Ave, El Paso, TX 79907
Office and open-span warehouse areas connect through a dock-high loading door.
Property Size3,300 SF
Price / SF$0.00
Days on Market1079
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Property Features for C1-480 S Americas Ave
General Information
Standard status
Active
Size
3,300 SF
Warehouse & Industrial
Clear Span
Yes
Warehouse Space
2,800 SF
Office Build-Out
360 SF
Dock-High Doors
1
Additional Details
Office Units
1
Amenities
dock high door
refrigerated AC
Listing Agency:
Doug Borrett Real Estate Co.
Listed By:
George Cruz · License #0379466
(915) 630-1133
Source:
Exprealty
Added: Nov 2, 2023
Changed: Oct 7
Last Checked: Oct 15 at 12:32AM
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 Doug Borrett Real Estate Co.
Investment Insights
Based on property information with market context.
This flex space combines office and warehouse components within approximately 3,300 square feet. The layout includes two offices, with one measuring approximately 15 x 12 and equipped with refrigerated AC, along with one restroom. Approximately 2,800 square feet is configured as open-span warehouse space, providing a clear area for storage or operations. A dock-high door supports loading access. The property is located at C1-480 S Americas Ave in El Paso, Texas.
Key Highlights
- Approximately 3,300 square feet of combined office and warehouse space
- Approximately 2,800 square feet of open‑span warehouse area
- Dock‑high loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,700
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,000
$314.0K
Cap Rate 7%
$224,286
$224.3K
Cap Rate 9%
$174,444
$174.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$24.9K $7.56/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$22.4K $6.80/SF
− OpEx
−$6.7K −$2.04/SF
NOI
$15.7K $4.76/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,000
Cap Rate 7%
$224,286
Cap Rate 9%
$174,444
Alternative Uses
Best Use
Office B
$596.8K
$522.2K – $696.2K
NOI $41,773 @ 7.0% cap · market cap 464,144.44%
Second Best
Flex RnD
$274.4K
$240.1K – $320.1K
NOI $19,206 @ 7.0% cap · market cap 213,400.00%
Theoretical Best
Office A
$827.9K
$724.4K – $965.9K
NOI $57,953 @ 7.0% cap · market cap 643,922.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Dock-high doors
1
Office units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
Market
Vacancy Rate% for Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Flex space - Office and open-span warehouse areas connect through a dock-high loading door.
Where is this flex space located?
The property is located at C1-480 S Americas Ave El Paso, TX.
What are key features of this property?
This property features: Approximately 3,300 square feet of combined office and warehouse space; Approximately 2,800 square feet of open‑span warehouse area; Dock‑high loading door
