Versatile Retail
For Sale
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D-12800 Edgemere Boulevard, El Paso, TX 79938
Commercial space within a shopping plaza supports retail, office, or medical uses.
Property Size3,000 SF
Price / SF$0.01
Days on Market1732
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Property Features for D-12800 Edgemere Boulevard
General Information
Standard status
Active
Size
3,000 SF
Listing Agency:
Doug Borrett Real Estate Co.
Listed By:
George Cruz · License #0379466
(915) 630-1133
Source:
Exprealty
Added: Jan 17, 2022
Changed: Sep 15
Last Checked: Oct 15 at 12:43AM
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.
A 3,000 SF commercial space is available within Edgemere Plaza. The suite is positioned for flexible use, with the source information identifying retail, office, and medical applications. The landlord is willing to provide a tenant improvement allowance; details are available upon request.
The property occupies the southeast corner of Edgemere Boulevard and Tierra Fertil / RC Poe, one block west of Rich Beem Boulevard in El Paso’s 79938 area.
The property occupies the southeast corner of Edgemere Boulevard and Tierra Fertil / RC Poe, one block west of Rich Beem Boulevard in El Paso’s 79938 area.
Key Highlights
- 3,000 SF space in Edgemere Plaza
- Retail, office, or medical use potential
- Southeast corner of Edgemere Boulevard and Tierra Fertil / RC Poe
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,000
$567.0K
Cap Rate 7%
$405,000
$405.0K
Cap Rate 9%
$315,000
$315.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$4.5K −$1.50/SF
EGI
$40.5K $13.50/SF
− OpEx
−$12.2K −$4.05/SF
NOI
$28.4K $9.45/SF
Area
ZIP 79938
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,000
Cap Rate 7%
$405,000
Cap Rate 9%
$315,000
Alternative Uses
Best Use
Office B
$611.3K
$534.9K – $713.2K
NOI $42,791 @ 7.0% cap · market cap 225,215.79%
Second Best
Healthcare Medical
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 184,168.42%
Theoretical Best
Office A
$752.6K
$658.6K – $878.1K
NOI $52,684 @ 7.0% cap · market cap 277,284.21%
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
1,608
Businesses Nearby
Explore this area
Business Placement
Demographics for 79938, TX
96,353
Population
29,818
Households
3.2
Avg Household Size
29
Median Age
28%
College-Educated
85%
High-School Grad
390.2 sq mi
ZIP Area
247
Density / Sq Mi
$75,801
Median Household Income
$40,528
Median Earnings
$1,433
Median Rent
$199,700
Median Home Value
Market
Vacancy Rate% for Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space within a shopping plaza supports retail, office, or medical uses.
Where is this retail space located?
The property is located at D-12800 Edgemere Boulevard El Paso, TX.
What are key features of this property?
This property features: 3,000 SF space in Edgemere Plaza; Retail, office, or medical use potential; Southeast corner of Edgemere Boulevard and Tierra Fertil / RC Poe
