Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12801b Edgemere Blvd El Paso, TX 79938

    • Retail properties
    • 27,500 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Carmie Brown / Dentist / Practitioner Service Location
    • Dr. Robert Wilson / Dentist / Practitioner Service Location
    • Dr. Amanda Griego / Dentist / Practitioner Service Location

    Property Details for 12801b Edgemere Blvd

    Property size
    27,500 SF
    Property type
    Retail properties

    Description

    Rich Beem Crossing offers exceptional retail opportunities in El Paso County. This single-story, 27,500 square foot building features multiple tenancies, ideal for a variety of businesses. Currently, there are three available spaces ranging from 1,100 to 1,600 contiguous square feet, with a total of 2,800 square feet currently vacant. The minimum divisible space is 1,100 square feet, providing flexibility for smaller businesses. The property is conveniently located near Rich Beem Blvd., ensuring high visibility and accessibility for customers. The building's design caters to retail, restaurant, and office uses, making it a versatile option for diverse businesses. This is a fantastic opportunity to establish or expand your business in a thriving commercial area. The remaining spaces are expected to lease quickly, so interested parties should inquire promptly. The property offers a strong potential for return on investment due to its prime location and the current high demand for retail space in the area. Contact us today to schedule a viewing and discuss your business needs. Don't miss out on this last chance to secure a space in this busy shopping center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.247
    Latitude
    31.797

    Comparable in this City

    • Value Estimation by Request
      19,200 SF

      3581- Zaragoza Rd

      Retail properties • 19,200 SF
      3581- Zaragoza Rd, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      8,600 SF

      3390 Rich Beem Blvd

      Retail properties • 8,600 SF
      3390 Rich Beem Blvd, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      8,400 SF

      3589 Rich Beem Blvd

      Retail properties • 8,400 SF
      3589 Rich Beem Blvd, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      63,316 SF

      Sec Montana & Rich Beem

      Retail properties • 63,316 SF
      0 Sec Montana & Rich Beem, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      3,000 SF

      12211 Montwood Dr

      Restaurants • 3,000 SF
      12211 Montwood Dr, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      15.71 Acres

      2720 John Hayes

      Restaurants • 15.71 Acres
      2720 John Hayes, El Paso, TX 79938
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Grand Shops Plaza Pad Sites

      El Paso Retail Pad Sites - High Visibility
      12301 Montana Ave, El Paso, TX 79938
      View Details
    • Contact for pricing
      15.71 Acres

      El Paso Restaurant Land - 15 Acres

      Prime East El Paso restaurant land, vacant, 15 acres.
      2720 John Hayes, El Paso, TX 79938
      View Details
    • $230,000
      0.31 Acres

      Versatile Commercial Property in El Paso

      Unfinished commercial property near Zaragoza and Montana, ideal for various ventures.
      13662 Christine, El Paso, TX 79938
      View Details
    • Contact for pricing
      8.00 Acres

      Shopping Center on Montana Avenue

      Shopping center located off Montana Avenue in Clint, Texas.
      14101 Montana Ave, El Paso, TX 79938
      View Details
    • Contact for pricing
      9,694 SF

      Commercial Retail Center on Joe Battle

      Versatile commercial property with high visibility and accessibility on Loop 375.
      3261 Joe Battle Blvd, El Paso, TX 79938
      View Details
    • $330,000
      0.49 Acres

      Versatile Commercial Building Near El Paso

      6,374 sq ft commercial building on 0.49 acres.
      14949 Greg Dr, El Paso, TX 79938
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Tierra Este Plaza Retail Space

      High-traffic retail space, El Paso County.
      2281 Zaragoza Rd, El Paso, TX 79938
      View Details
    • Contact for pricing
      7,200 SF

      Joe Battle Blvd Retail Spaces

      Four 1200 sq ft retail spaces available.
      3624 Joe Battle Blvd, El Paso, TX 79938
      View Details
    • Contact for pricing
      39,400 SF

      Zaragoza Road Retail Opportunity

      El Paso Retail Space: 3,200 SF Available
      2260 Zaragoza Rd, El Paso, TX 79938
      View Details
    • Contact for pricing
      8,400 SF

      Shops at Tierra Este: El Paso Retail

      Prime El Paso retail space, divisible suites.
      12302 Montana Ave, El Paso, TX 79938
      View Details
    • Contact for pricing
      8,600 SF

      El Paso Retail Center - Prime Location

      High-traffic retail spaces available now.
      3390 Rich Beem Blvd, El Paso, TX 79938
      View Details
    • $37 SF/Yr
      5,500 SF

      El Paso Retail Space For Lease

      Prime El Paso Retail, 5,500 SF Available
      0 Sec Joe Battle & Tierra Cortez, El Paso, TX 79938
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12801b Edgemere Blvd
    El Paso, TX 79938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.