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Property profile & analytics
OFF-MARKET Estimated value $580,000
Showrooms

1430 Bessemer Dr El Paso, TX 79936-5913

18,180 SF 1.04 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US82-3944541
Property summary
AI-generated overview

This exceptional 18,000-square-foot Class B warehouse in El Paso, Texas, presents a compelling investment opportunity. Located at 1430 Bessemer Dr, 79936, this single-story, 1985-built property underwent a complete renovation in 2024. Boasting a 25-foot ceiling height, the warehouse features one loading dock, two 14x12-foot ramps, and ample parking for 60 vehicles. The property includes 4,000 square feet of office space with two bathrooms in the warehouse and four in the office area. Skylights throughout enhance natural light. The building is equipped with 400 KVA, 3-phase electricity. Currently occupied by two tenants with a Net Operating Income (NOI) of $174,000, the property is zoned C4 and offers a triple-net (NNN) lease structure. The asking price is $2,500,000, translating to $137.51 per square foot. The property is available for purchase and also for lease at $12 per square foot annually. The occupancy date for the current lease is October 31, 2024. The APN is V893-999-1600-6000. This is a rare opportunity to acquire a well-maintained, high-value industrial property in a thriving El Paso location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1985
Total area 18,180 SF
Lot 1.04 ac (45,346 SF)
Zoning code C4
APN V893-999-1600-6000
UPID US82-3944541
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
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$670k
Blend (final) Blend
$580k
Owner & transaction history
1820 Mills LLC · 2 yrs held
1820 Mills LLC
since 2024
7 recorded transactions
2024
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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