Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6655 Gtwy W Blvd El Paso, TX 79925-3617
    Back to Search
    Property profile & analytics

    6655 Gtwy W Blvd, El Paso, TX 79925-3617

    View on Map
    • Motels
    • 104,592 SF
    • 3.90 lot acres
    Off-Market
    Property ID
    US82-3956815
    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
    $1,165,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Best Western Plus El Paso Airport Hotel & Conference Center / Hotel & Motel
    • Teddy's Lounge / Nightclub / DJ & Entertainment
    • Rhea Lana's of East El Paso / Discount Store / (Bike/Boat/Book/etc) Store

    Property Details for 6655 Gtwy W Blvd

    Year built
    1963
    Lot size
    3.90 lot acres
    Zone code
    C3
    Property type
    Motels
    APN
    I427-999-0010-4500
    APU
    I42799900104500

    Description

    This exceptional investment opportunity presents a fee-simple ownership of the Best Western Plus El Paso Airport Hotel & Conference Center. Located in El Paso, Texas, at 6655 Gateway Blvd W, zip code 79925, this two-story hotel features 132 keys within a 104,591 square foot building constructed in 1963 and renovated in 2017. The property benefits from its strategic location in El Paso County, a major metropolitan area situated at the intersection of three states (Texas, New Mexico, and Chihuahua, Mexico) and boasts a significant bilingual and binational workforce. El Paso's robust economy and its position within the Paso del Norte/Borderplex region, a combined international metropolitan area with over 2.7 million people, contribute to strong demand for hospitality services. The hotel itself offers a substantial 4771 square foot event space, ideal for weddings and conferences, further enhancing its revenue potential. The property's strong performance is evidenced by its nearly 88% occupancy rate and a year-to-date RevPAR of $85.62, projecting near $4.125 million in revenue by year-end. This represents a rare opportunity to acquire a well-established, high-performing hotel in a dynamic and growing market. Detailed financial information and due diligence documents are available upon request with proof of funds.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $840,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,493,000
      Market price range: $1.49M - $3.14M

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.393
    Latitude
    31.7798
    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
    $132,779
    $2,161,606
    $2,638,394
    $4,800,000
    -
    $2,161,606
    $2,638,394
    $4,800,000

    Comparable in this City

    • Value Estimation
      $870,000
      43,074 SF

      1940 Airway Blvd

      MOTEL
      1940 Airway Blvd, El Paso, TX 79925-1039
      View Details
    • Value Estimation by Request
      21,606 SF

      5640 Paisano Dr

      MOTEL
      5640 Paisano Dr, El Paso, TX 79925-3334
      View Details
    • Value Estimation
      $890,000
      20,384 SF

      6363 Montana Ave

      MOTEL
      6363 Montana Ave, El Paso, TX 79925-2025
      View Details
    • Value Estimation
      $1,455,000
      60,278 SF

      6611 Edgemere Blvd

      MOTEL
      6611 Edgemere Blvd, El Paso, TX 79925-3613
      View Details
    • Value Estimation
      $1,010,000
      52,888 SF

      6645 Gtwy W Blvd

      MOTEL
      6645 Gtwy W Blvd, El Paso, TX 79925-3617
      View Details
    • Value Estimation
      $1,495,000
      66,547 SF

      6351 Gtwy W Blvd

      HOTEL
      6351 Gtwy W Blvd, El Paso, TX 79925-3514
      View Details

    Similar Nearby for Sale

    • New
      $1,950,000
      0.58 Acres

      El Paso Hotel For Sale

      39-key hotel on a corner lot with high visibility.
      5640 E Paisano Dr, El Paso, TX 79925
      View Details
    • Contact for pricing
      5,820 SF

      El Paso Specialty Property

      5,820 square foot specialty property in El Paso.
      9398 Viscount Blvd, El Paso, TX 79925
      View Details
    • Contact for pricing

      El Paso Retail Property For Sale

      Retail property for sale featuring minimal landlord responsibilities.
      9426 Montana Ave, El Paso, TX 79925
      View Details
    • Contact for pricing

      Passive Investment Opportunity

      Low-management ownership structure with minimal landlord responsibilities.
      9426 Montana Ave, El Paso, TX 79925
      View Details
    • Contact for pricing

      Land with I-10 Visibility

      Pad sites available with great visibility and access from I-10.
      1100 Airway Blvd, El Paso, TX 79925
      View Details
    • Contact for pricing
      6,258 SF

      Montana Avenue Commercial Property

      Commercial property available on Montana Avenue in El Paso, Texas.
      8836 Montana Ave, El Paso, TX 79925
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      855 SF

      Retail Space on Viscount Blvd

      Retail space available for lease, totaling 855 square feet.
      9530 Viscount Blvd, El Paso, TX 79925
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1200 square feet.
      1280 Hawkins Blvd, El Paso, TX 79925
      View Details
    • $1,500 /Mo
      12,197 SF

      Remodeled Office Space For Rent

      Recently renovated office suites in central El Paso location.
      5740 Cleveland Ave, El Paso, TX 79925
      View Details
    • Contact for pricing
      5,132 SF

      El Paso Shopping Center Space

      Retail space available in a large El Paso shopping center.
      6101 Gateway Blvd W, El Paso, TX 79925
      View Details
    • Contact for pricing

      Freeway Frontage Commercial Building

      Updated commercial building with freeway frontage and signage.
      9515 Gateway Blvd W, El Paso, TX 79925
      View Details
    • $1,614 /Mo
      198,198 SF

      Renovated Office Space Available

      Move-in ready, renovated office space near Montana corridor.
      8201 Lockheed Dr, El Paso, TX 79925
      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.
    6655 Gtwy W Blvd
    El Paso, TX 79925-3617
    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

    Thank You for Inquiry
    6655 Gtwy W Blvd, El Paso, TX, 79925
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!