Improved Commercial Land for Sale in El Paso, Texas
10100 Railroad Dr El Paso, TX 79924
Prime Investment Opportunity in a great Location, secure your future with a high-yield, triple net income property! Situated at the vibrant intersection of Transmountain and Railroad. The project entails the construction of two cutting-edge commercial office/warehouse buildings. The first building boasts an expansive 17,600 sq.ft. footprint, comprising warehouse space along with shared office facilities, featuring a total of 9 offices. Second building will be subdivided into four units, each offering 4,000 sq. ft. of versatile space, summing up to 16,000 sq. ft. in total. The 17,600 sq. ft. building has executed lease 3-to-5-year in place, ensuring stability and consistent income from the get-go. Each of the 4,000 sq. ft. units in the second building presents an exciting prospect, anticipated to rent out at a competitive rate of $15 per sq.ft. Prime corner lot, this property enjoys great visibility and accessibility, making it a magnet for businesses seeking importance and convenience
Location
- Street Address
- 10100 Railroad Dr
- County
- El Paso County
- Elevation
- 3,930 feet
Property details
- Zoning
- C4
- MLS Number
- GEPAR 898602
- Date Posted
Property taxes
- 2023
- $13,609
Parcels
- X58099914100110
Legal description
80 TSP 1 SEC 41 T & P SURV 1-A-1 (3.7245 AC ) & 3-B-5 (0.5353 AC) (4.2598 AC)
Resources
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Heating
- Central Furnace, Fireplace, Forced Air
Exterior
- Parking Spots
- 147
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 25, 2024 | Relisted | $4,899,999 | — | GEPAR |
Sept 24, 2024 | Listing removed | $4,899,999 | — | — |
July 13, 2024 | Price drop | $4,899,999 | $100,001 -2% | GEPAR |
Mar 27, 2024 | New listing | $5,000,000 | — | GEPAR |