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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Showrooms
10841 Pellicano Dr, El Paso, TX 79935-4608
Entity Owned
Free & Clear
Property ID
US82-2765591
Property summary
AI-generated overview
This ±48,000 square foot single-tenant industrial warehouse, situated on a 3.99-acre lot in El Paso, Texas, presents a significant investment opportunity. Built in 1978, the property features a 16-foot clear height, five loading docks with levelers, and four drive-in doors, enhancing operational efficiency. Ample parking is provided with 44 spaces, complemented by space for 15 trailers and 5 delivery trucks. The building boasts a concrete tilt-wall construction with a concrete slab-on-grade foundation. The interior includes approximately 4,500 square feet of remodeled office space, equipped with HVAC and LED lighting. The warehouse is fully sprinklered and benefits from 3-phase power. Column spacing is 36' x 29'. The property is zoned P-I and is located at 10841 Pellicano Drive, El Paso, TX 79935. Specifications are subject to change due to ongoing renovations. Detailed information is available in the property brochure.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Total area
48,000 SF
Lot
3.99 ac (173,935 SF)
Zoning code
P1
APN
V893-999-014C-8000
UPID
US82-2765591
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.20M
Owner & transaction history
BOTTLING GROUP LLC
BOTTLING GROUP LLC
Zoning & alternative use
P1 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±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
$25 / 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
$71,306
Tax year 2023
Assessed value
$2,450,000
Assessed 2023
Previous assessed
$2,450,000
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$477,919
Assessed improvement
$1,972,081
Land market value
$477,919
Improvement market value
$1,972,081
Total market value
$2,450,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
48,000 SF
Lot
3.99 ac (173,935 SF)
Zoning code
P1
APN
V893-999-014C-8000
UPID
US82-2765591
Jurisdiction
EL PASO
Zoning & alternative use
P1 · El Paso, TX
Zoning P1 · permitted uses
P1 · 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.
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.99 ac
Current owner
From public records · entity-resolved
BOTTLING GROUP LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 660634, DALLAS, TX 75266-0634
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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