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Property profile

10100 Railroad Dr El Paso, TX 79924

OFF-MARKET
Warehouses
33,600 SF 4.26 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 33,600 SF
Lot 4.26 ac (185,566 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10100 Railroad Dr El Paso, TX 79924
El Paso metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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