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Property profile & analytics
FOR SALE
Office buildings
10365 Railroad Dr El Paso, TX 79924
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US82-0386137
For Sale
1 / 28
$6,185,000
10365 Railroad Dr, El Paso, TX 79924
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Property summary
AI-generated overview
This exceptional 52,000-square-foot office building, located at 10365 Railroad Dr, El Paso, TX 79924, presents a unique opportunity. The property, constructed in 1997 and extensively renovated in 2019, boasts a Class B designation and offers a single-story layout across 4.44 acres of land. Currently, 26,000 square feet of space is immediately available for lease, ideal for a variety of uses including contact centers, training facilities, schools, back-office operations, or light manufacturing. The building features attractive tilt-up construction and a Class A interior finish. The property is "plug and play" ready for call center operations, eliminating significant upfront setup costs. Ample parking is provided with 159 spaces. Security features include a perimeter wrought iron fence. The exterior is attractively landscaped. The building is zoned M-1 and comprises two suites within a single building. This property offers a compelling combination of functionality, modern amenities, and a strategic location in El Paso County, Texas.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1997
Total area
52,000 SF
Lot
4.44 ac (193,494 SF)
Zoning code
M1
APN
W220-999-0020-0110
UPID
US82-0386137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Source Hov Department Store
-
Zoobla (Bike/Boat/Book/etc) Store Corporate Office
-
Exela Technologies Corporate Office
-
TLC Associates Telecommunications Service Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.80M
Comparable Approach
Comparable
$5.57M
Blend (final)
Blend
$6.19M
Owner & transaction history
Dbb Holdings INC · 17 yrs held
Dbb Holdings INC
since 2008
1 recorded transaction
Zoning & alternative use
M1 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.5M
+35.8%
Auto repair, garage
$7.0M
+26.6%
Commercial (general)
$6.0M
+9.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs El Paso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Paso submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,370,000
6.5%
$6,800,000
7%
$6,315,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,510,000
Current use
RESTAURANT
$7,485,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,980,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,020,000
Change: +9% · Conversion: Easy
RETAIL STORES
$5,260,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$6.19M
Range $5.57M – $6.80M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$114,702
Tax year 2023
Assessed value
$3,941,053
Assessed 2023
Previous assessed
$3,941,053
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$195,433
Assessed improvement
$3,745,620
Land market value
$195,433
Improvement market value
$3,745,620
Total market value
$3,941,053
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1997
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
52,000 SF
Lot
4.44 ac (193,494 SF)
Zoning code
M1
APN
W220-999-0020-0110
UPID
US82-0386137
Jurisdiction
EL PASO
Zoning & alternative use
M1 · El Paso, TX
Zoning M1 · permitted uses
M1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.5M
RESTAURANT
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RETAIL STORES
Est. value
$5.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.44 ac
Current owner
From public records · entity-resolved
Dbb Holdings INC
Entity
Mailing address
PO BOX 18087, RENO, NV 89511-0087
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2008
—
Dbb Holdings INC
Geode Limited Partnership
Warranty Deed
$2,000,000 · Jmb Corporation
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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