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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10737 Gateway Blvd El Paso, TX 79935

    • Commercial real estate
    • 20,280 SF
    • 10.88 lot acres
    For Lease
    View listing
    Value Estimations
    $1,300,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4620182
    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

    • Tradesmen International / Construction Company
    • Pitney Bowes / (Bike/Boat/Book/etc) Store / Printing Service
    • Shinmaywa Limited / Factory / Industrial Manufacturer
    • MSC Industrial Supply Co. / Factory / Industrial Manufacturer
    • Farmers Insurance - Patricia Olivas / Insurance Agency

    Property Details for 10737 Gateway Blvd

    Year built
    1982
    Construction
    WOOD
    Lot size
    10.88 lot acres
    Property size
    20,280 SF
    Zone code
    M1
    Property type
    Commercial real estate
    APN
    V893-999-0110-5300
    APU
    V89399901105300

    Description

    Gateway Business Center, a Class A corporate office park in El Paso, Texas, offers exceptional flex space for lease. This 117,884 square foot property comprises six single-story buildings situated on 10 acres, providing a variety of suite sizes ranging from 2,084 to 29,114 contiguous square feet

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $850,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,750,000
      Market price range: $667k - $1.75M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,100,000
      Current use
      OFFICE BUILDING
      $2,150,000
      Change: +96% Conversion: Easy
      MEDICAL BUILDING
      $1,840,000
      Change: +68% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,300,000
      Change: +18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.34
    Latitude
    31.7507
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $248,516
    $3,180,191
    $5,358,609
    $8,538,800
    -
    $3,180,191
    $5,358,609
    $8,538,800

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      El Paso, TX 79935

      COMMERCIAL (GENERAL) • 0.02 Acres
      El Paso, TX 79935
      View Details
    • Value Estimation by Request
      0.25 Acres

      10428 Ashwood Dr

      COMMERCIAL (GENERAL) • 0.25 Acres
      10428 Ashwood Dr, El Paso, TX 79935-2103
      View Details
    • Value Estimation by Request
      0.01 Acres

      Cuatro Vistas Dr

      COMMERCIAL (GENERAL) • 0.01 Acres
      Cuatro Vistas Dr, El Paso, TX 79935
      View Details
    • Value Estimation
      $1,155,000
      18,500 SF

      10961 Gtwy W Blvd

      COMMERCIAL (GENERAL) • 18,500 SF
      10961 Gtwy W Blvd, El Paso, TX 79935-4922
      View Details
    • Value Estimation
      $1,555,000
      53,460 SF

      10780 Pebble Hls Blvd Ste 3a

      COMMERCIAL (GENERAL) • 53,460 SF
      10780 Pebble Hls Blvd Ste 3a, El Paso, TX 79935-2039
      View Details
    • Value Estimation by Request
      0.31 Acres

      1576 Lomaland Dr

      COMMERCIAL (GENERAL) • 0.31 Acres
      1576 Lomaland Dr, El Paso, TX 79935-4202
      View Details

    Similar Nearby for Sale

    • New
      $1,400,000
      Pending

      El Paso Commercial Opportunity

      Commercial property featuring a medical center and daycare space.
      1724 Weston Brent Ln, El Paso, TX 79935
      View Details
    • $1,550,000
      11,484 SF

      El Paso Industrial Building For Sale

      11,484 SF industrial building with office space and paint booth.
      11020 Argal Ct, El Paso, TX 79935
      View Details
    • Contact for pricing
      3,600 SF

      Retail Property on Rojas Drive

      Retail property available for sale in El Paso, Texas.
      11199 Rojas Dr, El Paso, TX 79935
      View Details
    • Contact for pricing

      El Paso Manufacturing/Warehouse Facility

      22,830 SF manufacturing/warehouse on 1.24 acres near I-10.
      10830 Pellicano Dr, El Paso, TX 79935
      View Details
    • Contact for pricing

      Land For Sale El Paso

      Land available for sale at 10700 Montana Ave, El Paso, TX.
      10700 Montana Ave, El Paso, TX 79935
      View Details
    • Contact for pricing
      11,484 SF

      El Paso Industrial Property

      Industrial property available for sale in El Paso, Texas.
      11020 Argal Ct, El Paso, TX 79935
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      3,336 SF

      Times Square Retail Space

      El Paso, TX Shopping Center - 3,336 SF
      3355 Yarbrough B, El Paso, TX 79935
      View Details
    • $2,402 /Mo
      10,890 SF

      Montwood Drive Commercial Space Available

      Single-tenant building suitable for medical, dental, wellness, or professional office.
      10520 Montwood Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      45,000 SF

      Industrial Space in El Paso

      45,000 square foot industrial property available for lease.
      11201 Armour Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      1,020 SF

      Trawood Retail Center: Two Spaces Available

      Prime El Paso Retail Space, Below Market Rent
      1815 Trawood Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      28,750 SF

      El Paso Commercial Land - 1 Acre

      Prime El Paso land: lease or buy.
      10700 Montana Ave, El Paso, TX 79935
      View Details
    • Contact for pricing
      117,884 SF

      Gateway Business Center: El Paso Office Space

      Prime El Paso flex space, 47,205 sq ft available.
      10737 Gateway Blvd, El Paso, TX 79935
      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.
    10737 Gateway Blvd
    El Paso, TX 79935
    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.