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

    12220 Rojas Dr El Paso, TX 79936-7768

    • Warehouses
    • 357,090 SF
    • 20.00 lot acres
    OFF-MARKET
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2499535
    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

    • Honeywell / Corporate Office
    • Tekmart International Inc / Electronics Manufacturer

    Property Details for 12220 Rojas Dr

    Year built
    1996
    Lot size
    20.00 lot acres
    Property size
    357,090 SF
    Zone code
    C4
    Property type
    Warehouses
    APN
    A527-999-0010-0125
    APU
    A52799900100125

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $935,000

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.289
    Latitude
    31.71
    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
    $226,161
    $1,716,024
    $6,139,956
    $7,855,980
    -
    $1,716,024
    $6,139,956
    $7,855,980

    Comparable in this City

    • Value Estimation
      $405,000
      377,504 SF

      1401 Pullman Dr

      WAREHOUSE, STORAGE • 377,504 SF
      1401 Pullman Dr, El Paso, TX 79936-7730
      View Details
    • Value Estimation
      $840,000
      321,764 SF

      12173 Rojas Dr

      WAREHOUSE, STORAGE • 321,764 SF
      12173 Rojas Dr, El Paso, TX 79936-7702
      View Details
    • Value Estimation by Request
      34,000 SF

      1345 Zaragoza Rd

      Distribution properties • 34,000 SF
      1345 Zaragoza Rd, El Paso, TX 79936
      View Details
    • Value Estimation
      $710,000
      356,377 SF

      950 Loma Verde Dr

      WAREHOUSE, STORAGE • 356,377 SF
      950 Loma Verde Dr, El Paso, TX 79936-7820
      View Details
    • Value Estimation by Request
      447,017 SF

      1740 Joe Battle Blvd

      Distribution properties • 447,017 SF
      1740 Joe Battle Blvd, El Paso, TX 79936
      View Details
    • Value Estimation
      $1,045,000
      300,000 SF

      1270 Don Haskins Dr

      WAREHOUSE, STORAGE • 300,000 SF
      1270 Don Haskins Dr, El Paso, TX 79936-7804
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,600 SF

      El Paso Industrial Property

      13,600 SF Warehouse, Two Buildings
      1515 Goodyear Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      203,415 SF

      El Paso Industrial Manufacturing Space

      203,415 SF Warehouse, Excellent Location
      12100 Esther Lama Dr, El Paso, TX 79936
      View Details
    • $2,500,000
      19,824 SF

      Lee Blvd Industrial Property

      Three buildings on 2.44 acres, income-producing M1 property.
      3453 Lee Blvd, El Paso, TX 79936
      View Details
    • $849,950
      5,000 SF

      New Construction Flex Office Warehouse

      New construction flex office warehouse with C-4 zoning for sale.
      3605 Esper Dr, El Paso, TX 79936
      View Details
    • Contact for pricing

      El Paso Industrial Distribution Center

      Modern Warehouse Space, I-10 Access
      12153 Rojas Dr, El Paso, TX 79936
      View Details
    • $1,595,000
      1.00 Acre

      El Paso Industrial Property

      Industrial facility on one acre with two warehouse buildings.
      1515 Goodyear Dr, El Paso, TX 79936
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,600 SF

      El Paso Warehouse: 3600 sq ft

      Single-tenant warehouse, ideal location.
      1535 Goodyear Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      1,000,000 SF

      El Paso Warehouse Space Available

      Large industrial warehouse space available for lease in El Paso.
      375 Seq Interstate 10 & Loop, El Paso, TX 79936
      View Details
    • $3,650 /Mo
      2,614 SF

      Versatile Space in El Paso

      Adaptable commercial space with office, retail, and warehouse potential.
      11450 Rojas Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      99,507 SF

      Alliance Vista del Sol Warehouse Space

      Modern El Paso warehouse, 28,000-50,000 SF available
      12153 Rojas Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      203,416 SF

      El Paso Industrial Manufacturing Facility

      ±203,499 SF Warehouse, Excellent Location
      12100 Esther Lama Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      43,200 SF

      Secured Industrial Property with Storage

      Industrial property with fenced, secured storage and highway access.
      12120 Rojas Dr, El Paso, TX 79936
      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.
    12220 Rojas Dr
    El Paso, TX 79936-7768
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.