Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1485 Bessemer Dr El Paso, TX 79936-5916

    Property Lookup

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

    1485 Bessemer Dr El Paso, TX 79936-5916

    View on Map
    • Commercial real estate
    • 2,007 SF
    • 0.76 lot acres
    Off-Market
    Property ID
    US82-3008798
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Complete Auto Hail Repair / Auto Repair Shop
    • Complete Roofing Group LLC / Roofing Company / General Contractor
    • Tinting Factory / Interior Design / Auto Repair Shop
    • Complete Fire & Water Restoration / Hardware & Home Improvement / Construction Company

    Property Details for 1485 Bessemer Dr

    Year built
    1996
    Construction
    WOOD
    Lot size
    0.76 lot acres
    Property size
    2,007 SF
    Zone code
    P1
    Property type
    Commercial real estate
    APN
    V893-999-3440-8020
    APU
    V89399934408020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.314
    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
    $10,453
    $82,437
    $276,733
    $359,170
    -
    $82,437
    $276,733
    $359,170

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      12150 Pebble Hills Blvd

      Land • 1.00 Acre
      12150 Pebble Hills Blvd, El Paso, TX 79936
      View Details
    • Value Estimation by Request
      3.53 Acres

      El Paso, TX 79936

      COMMERCIAL (GENERAL) • 3.53 Acres
      El Paso, TX 79936
      View Details
    • Value Estimation by Request
      0.01 Acres

      1330 George Dieter Dr

      COMMERCIAL (GENERAL) • 0.01 Acres
      1330 George Dieter Dr, El Paso, TX 79936-7408
      View Details
    • Value Estimation by Request
      0.04 Acres

      11206 Montwood Dr

      COMMERCIAL (GENERAL) • 0.04 Acres
      11206 Montwood Dr, El Paso, TX 79936-4241
      View Details
    • Value Estimation by Request
      0.05 Acres

      11206 Montwood Dr, Unit 1120

      COMMERCIAL (GENERAL) • 0.05 Acres
      11206 Montwood Dr, El Paso, TX 79936-4241
      View Details
    • Value Estimation by Request
      1 SF

      Del Sol & Joe Battle Swq Vis

      Land • 1 SF
      Del Sol & Joe Battle Swq Vis, El Paso, TX 79936
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Pad Sites For Sale

      Shovel-ready pad sites in high-traffic area for sale or lease.
      12134 Pebble Hills Blvd, El Paso, TX 79936
      View Details
    • Contact for pricing
      13,600 SF

      El Paso Industrial Property ForSale

      Industrial property for sale in a sought-after East El Paso corridor.
      1515 Goodyear Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near Fort Bliss

      Retail property near Fort Bliss and residential areas.
      12020 Montana Ave, El Paso, TX 79936
      View Details
    • Contact for pricing

      Land For Sale

      One acre of land available for purchase.
      12150 Pebble Hills Blvd, El Paso, TX 79936
      View Details
    • Contact for pricing
      4,762 SF

      Retail Property in El Paso

      Retail property with 4762 square feet available for sale.
      12111 Montwood Dr, El Paso, TX 79936
      View Details
    • $1,250,000
      1.08 Acres

      El Paso Commercial Land

      Acre lot zoned C-4, close to Zaragoza and I-10.
      221584 Pullman Dr, El Paso, TX 79936
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Multi-Tenant Office Building For Rent

      Multi-tenant office building near Del Sol Medical Center.
      2400 Trawood Dr, El Paso, TX 79936
      View Details
    • Contact for pricing

      El Paso Retail/Medical Spaces

      Shopping center with retail and medical spaces available for lease.
      1816 N Zaragoza Rd, El Paso, TX 79936
      View Details
    • Contact for pricing

      East El Paso Retail Plaza

      Retail shopping complex in El Paso's booming east side.
      1475 George Dieter Dr, El Paso, TX 79936
      View Details
    • Contact for pricing
      144,000 SF

      El Paso Warehouse Space Available

      144,000 sq ft warehouse/distribution space for lease.
      11970 Pellicano Dr, El Paso, TX 79936
      View Details
    • $1,750 /Mo
      1,750 SF

      Restaurant Space on Zaragoza Road

      Restaurant space available in a high-traffic area.
      1441 N Zaragoza Rd, El Paso, TX 79936
      View Details
    • Contact for pricing
      40,000 SF

      Warehouse Space Available for Lease

      40,000 SF warehouse space with convenient highway access.
      12150 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.
    1485 Bessemer Dr
    El Paso, TX 79936-5916
    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.
    Sign Up Successful!
    You now have access to more from Realmo!