10100 Railroad Dr El Paso, TX 79924
- Warehouses
- 33,600 SF
- 4.26 lot acres
Current Use by Public Records
- Warehouses
Property Details for 10100 Railroad Dr
- Year built
- 2024
- Lot size
- 4.26 lot acres
- Property size
- 33,600 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 33,600 square foot industrial complex in El Paso, Texas. The property consists of two single-story buildings totaling 33,600 square feet on a 4.26-acre lot, zoned C-4. Building one, at 17,600 square feet, features warehouse space and nine offices, with a 3-5 year lease already in place. Building two comprises four 4,000 square foot units, offering significant rental potential at an anticipated $15 per square foot. The property boasts 147 parking spaces and an 18-foot ceiling height. The asking price is $4,899,999, representing a 9.60% cap rate and a $480,000 net operating income (NOI). The property is situated on a prime corner lot at 10100 Railroad Dr, El Paso, TX 79924, offering excellent visibility and accessibility. The lease type is NNN, with a five-year term commencing January 1, 2025, and expiring January 1, 2028. Complete permit plans and proforma are available. There is also the option to purchase each building separately. This is a multi-tenant property with five total units, built in 2024.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.388
- Latitude
- 31.9026
