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    6641 Desert Blvd El Paso, TX 79932

    • Commercial real estate
    • 2.25 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6299398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Roofing Toppers of El Paso / Roofing Contractor

    Property Details for 6641 Desert Blvd

    Lot size
    2.25 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.25-acre commercial land parcel presents a unique investment opportunity in El Paso, Texas. Situated in the thriving Northwest retail corridor, this C-3 zoned property boasts unparalleled visibility and accessibility. Its strategic location offers immediate proximity to Canutillo High School, ensuring high daily traffic and strong community engagement. Furthermore, the property is conveniently located minutes away from established retail centers such as WestTowne and the Outlet Shoppes at El Paso, providing immediate access to a large consumer base. The property features excellent highway visibility and convenient frontage road access, making it highly attractive for a wide range of commercial developments. The 2.25-acre lot size provides ample space for various projects, from retail establishments and restaurants to office buildings and other commercial ventures. The address is 6641 S Desert Blvd, El Paso, TX 79932, within El Paso County. This property's prime location and zoning make it an ideal investment for those seeking high-growth potential in a rapidly developing area of El Paso. The significant traffic flow and proximity to established retail destinations promise strong returns on investment. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.58323935568
    Latitude
    31.894721244557

    Comparable in this City

    • Contact for pricing

      Land For Sale El Paso

      Land available for sale at 6641 S Desert Blvd, El Paso, TX.
      6641 S Desert Blvd, El Paso, TX 79932
      View Details
    • $679,029
      1.20 Acres

      Prime Commercial Land in El Paso

      1.2-acre commercial land with high visibility near Interstate 10.
      5354 Ridge St, El Paso, TX 79932
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    • $5,285,040
      3.10 Acres

      Prime Commercial Land Opportunity

      3.10-acre commercial land with frontage along Interstate 10.
      5355 S Desert Blvd, El Paso, TX 79932
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    • $6,050,000
      13.30 Acres

      I-10 Frontage Commercial Land

      13.3 Acres, High Visibility, El Paso
      341 Thorn Ave, El Paso, TX 79932
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    • Contact for pricing
      4.55 Acres

      El Paso Commercial Land - Gato Rd.

      4.55 acres, prime El Paso location. Owner financing available.
      0 Gato Rd, El Paso, TX 79932
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      20.06 Acres

      El Paso Farm & Ranch Land

      20-Acre Texas Farm, Excellent Potential
      6300 Strahan Rd, El Paso, TX 79932
      View Details

    Similar Nearby for Sale

    • $6,050,000
      13.30 Acres

      I-10 Frontage Commercial Land

      13.3 Acres, High Visibility, El Paso
      341 Thorn Ave, El Paso, TX 79932
      View Details
    • Contact for pricing
      4.55 Acres

      El Paso Commercial Land - Gato Rd.

      4.55 acres, prime El Paso location. Owner financing available.
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    • Contact for pricing
      20.06 Acres

      El Paso Farm & Ranch Land

      20-Acre Texas Farm, Excellent Potential
      6300 Strahan Rd, El Paso, TX 79932
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    • $386,750
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      El Paso Land Opportunity

      4.55 acres of land in El Paso's Upper Valley.
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    • $465,800
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      Land in El Paso's Upper Valley

      5.48 acres of land in a desirable El Paso location.
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    • $731,514
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      Prime Commercial Land Opportunity

      1.2-acre commercial land with frontage on Ridge St.
      5352 Ridge St, El Paso, TX 79932
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    Similar Nearby for Lease

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      94,525 SF

      El Paso Commercial Land Opportunity

      Prime NW El Paso land, 94,525 sq ft.
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      1 SF

      West El Paso Commercial Land

      Prime El Paso commercial lot, single tenant.
      0 Desert Blvd & Montoya Ln, El Paso, TX 79932
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      3,000 SF

      Doniphan Plaza Retail Space

      El Paso retail space, prime location.
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      83,000 SF

      El Paso Industrial Storage Space

      Industrial storage space available near major transportation routes.
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      975 SF

      Mesa Plaza Retail Space Available

      El Paso Retail Center, 1 Suite, 975 sq ft
      7930 Mesa St, El Paso, TX 79932
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    • Contact for pricing
      18,700 SF

      Ventura Center: Flexible Commercial Space

      Modern, versatile office & warehouse space.
      5044 Doniphan Dr, El Paso, TX 79932
      View Details
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    6641 Desert Blvd
    El Paso, TX 79932
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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