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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Showrooms
8400 Boeing Dr El Paso, TX 79925-1234
Individually Owned
Free & Clear
Property ID
US82-2341292
Property summary
AI-generated overview
This ±16,101 square foot industrial property in El Paso, Texas, offers a versatile flex space ideal for distribution, warehousing, R&D, or manufacturing. Situated on a ±1.36-acre lot, the building features approximately 3,280 square feet of office space and a minimum 15-foot clear ceiling height. Constructed of CMU and pre-engineered metal, the property includes ample parking for approximately 60 vehicles. Access is convenient, with one grade-level door and a dockwell for efficient loading and unloading. The M-1 zoning allows for a variety of uses. Strategically located adjacent to El Paso International Airport and with easy access to I-10 and US Highway 54 (Patriot Freeway), this property benefits from high traffic counts on Montana Avenue (47,973 ADT, source: 2023 Kalibrate Technologies Q4 2023) and proximity to Fort Bliss. This single-tenant property presents a compelling opportunity for businesses seeking a well-equipped and strategically positioned industrial space in a thriving El Paso market.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2000
Total area
16,101 SF
Zoning code
M1
APN
E378-999-0100-0101
UPID
US82-2341292
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
Current use
Occupant on record · Public records
-
Go Direct Marketing Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$585k
Owner & transaction history
GO DIRECT MAILING
GO DIRECT MAILING
Zoning & alternative use
M1 · El Paso, TX
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs El Paso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Paso submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$36 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,384
Tax year 2023
Assessed value
$1,026,092
Assessed 2023
Previous assessed
$1,026,092
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed improvement
$1,026,092
Improvement market value
$1,026,092
Total market value
$1,026,092
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2000
Heating
SPACE
Cooling
YES
Stories
1
Total area
16,101 SF
Zoning code
M1
APN
E378-999-0100-0101
UPID
US82-2341292
Jurisdiction
EL PASO
Zoning & alternative use
M1 · El Paso, TXZoning M1 · permitted uses
M1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2000
Heating
SPACE
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
GO DIRECT MAILING
Individual
Free & Clear · 0 yrs held
Mailing address
8400 BOEING DR, EL PASO, TX 79925-1234
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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