Property profile

1414 Ability Dr El Paso, TX 79936

FOR LEASE
Manufacturing properties
Property ID
US82-2618569
338,038 SF 20.01 ac lot Built 1979
Entity Owned 29-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,713 square foot office space, located at 1414 Ability Drive in El Paso, Texas, 79936, presents a unique opportunity. Situated in the Vista Del Sol Industrial Park, within the Vista Del Sol Industrial Area (West) submarket, this property offers a blend of traditional and creative office space, perfect for a single tenant. The building boasts extensive windows, providing ample natural light, and features a plug-and-play facility with 42 workstations. Plentiful parking is available for employees and clients. The C-4 zoning ensures flexibility for various business types. Its corner location at Ability Drive and James Watt Drive offers excellent visibility and accessibility. The property enjoys a strategic location, approximately 1.4 miles from Interstate 10, 8 miles from El Paso International Airport, and 13 miles from Downtown El Paso. A wealth of restaurants and services are conveniently located nearby, enhancing the appeal for employees and visitors. This property offers a strong corporate image and is ready for immediate occupancy.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1979
Total area 338,038 SF
Lot 20.01 ac (871,548 SF)
Zoning code C4
APN V893-999-1600-0100
UPID US82-2618569

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Physician
  • Factory Industrial Manufacturer

Location

1414 Ability Dr El Paso, TX 79936
El Paso metro Census 4309 EL PASO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 1997
1 recorded transaction
1997
Price N/A

Zoning & alternative use

C4 · El Paso, TX

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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